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Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
Persistent link: https://www.econbiz.de/10010272104
structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …
Persistent link: https://www.econbiz.de/10010260526
Analysis in terms of the two-sector open economy shows that in bringing the market economy to East Germany, West … Germany seems to have disregarded important fundamentals. Premature formation of a currency union led to a substantial real …
Persistent link: https://www.econbiz.de/10010260462
Persistent link: https://www.econbiz.de/10010261684
economic upswing in the Federal Republic of Germany. …
Persistent link: https://www.econbiz.de/10010265309
Diese Anmerkung zeigt, dass das reale Bruttoinlandsprodukt der Bundesrepublik Deutschland einem trendstationären …
Persistent link: https://www.econbiz.de/10010265453
private households in Germany. In 2001, the difference is small for households consisting of at least three persons. For three …
Persistent link: https://www.econbiz.de/10010265501
Deutschland erhöht werden. Der vorliegende Beitrag erläutert, was unter einem Kombilohnmodell zu verstehen ist, welche Modelle es … discussed in Germany. The paper explains which models have already been applied. In addition, it describes some recent reform …
Persistent link: https://www.econbiz.de/10010272974
The paper analyzes the influence of minimum wages on firms' incentive to train their employees. We show that this influence rests on two countervailing effects: minimum wages (i) augment wage compression and thereby raise firms' incentives to train and (ii) reduce the profitability of employees,...
Persistent link: https://www.econbiz.de/10010273107
Macro-stress testing studies often rely on rather short sample periods due to the limited availability of banking data. They may fail to appropriately account for the cyclicality in the interaction between the banking system and macroeconomic developments. In this paper we use a newly...
Persistent link: https://www.econbiz.de/10010273175