impair economic growth. Some measures to reduce the budget deficit in Germany are proposed. …

that the growth of potential output accelerated in recent years. …

Between 1995 and 2005, the German economy has experienced a phase of weak economic growth. We analyze whether this weak … growth performance can be attributed to the stance of monetary conditions during that period. We show that the real effective … exchange rate did have almost no dampening effects on growth. On the contrary, the introduction of the euro and the single …