This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …

first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany … in other countries leading to a feedback on Germany. The paper provides a short overview over the basic model. The … modelling approach and estimation results for the trade submodels are presented in some detail and simmulation results for the …

In this paper we analyse the relationship between export and innovation activities of German service sector companies … Schumpeterian hypothesis of export activities being mainly driven by innovation activities. Factor endowment theories are only … partially supported. While human capital significantly improves export performance, labour costs hamper it only in selected …

these features to develop a method for estimation of price reactions using unit value data which exploits the implicit links …

We develop a method for estimation of price reactions using unit value data which exploits the implicit links between …

instability of euro area money demand. Our results obtained from panel estimation indicate that the observed instability of …