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. …

pressure to rationalise. Greater rationalisation should, however, have led to an increase in labour productivity, but this has … not happened in the Federal Republic of Germany nor in a series of other major industrial countries. Instead, there has … been a marked slowdown in the rate of productivity advance. Why is this, and what is the outlook for the future? …