models Germany and Japan. This reversal in relative economic performance might be related to idiosyncracies in financial … markets with bank-based financial markets as in Germany and Japan being possibly inferior to stock-market based financial …

optimum. The analysis offers several new insights in comparison to the welfare analysis in Aghion and Howitt (1992). We find …

of almost half of Germany's nuclear reactors while safety checks were carried out, and a three-month moratorium on … companies to renewable energies companies in Germany. We moreover find that the joint market capitalization of these firms has …

-intact family in Germany is associated with worse outcomes in models that do not control for possible correlations between common …

principles, instruments, target groups and governance in Germany, France, the Netherlands, Switzerland, the United Kingdom, the …

explain this distinct behavior. -- Nominal wage rigidity ; efficiency wages ; manufacturing and services ; Germany …

This paper provides a cross-country comparison of life-cycle and business-cycle fluctuations in the dispersion of … household-level wage innovations. We draw our inference from household panel data sets for the US, the UK, and Germany. First …, but with increments being smaller in the European data. Third, we find that wage risk is procyclical in Germany while it …