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With respect to the recently ratified economic stimulus package in Germany, it is fundamentally important to observe … address the problem of endogeneity using panel data on 16 federal states in Germany and by estimating a panel vector … both human capital and transport infrastructures cause heterogeneous output effects in East and West Germany. …
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This article provides an overview of the impact of public sector pay and employment cutbacks in EU countries and discusses their justifi cation as part of austerity packages. It begins with the outcomes in the countries first hit by the economic crisis before discussing the impact of the crisis...
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Federal Republic of Germany depend upon the situation abroad. In this context the author analyses the regional distribution …
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