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Persistent link: https://www.econbiz.de/10004743175
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The...
Persistent link: https://www.econbiz.de/10005063034
The United Kingdom’s 2005 Article IV Consultation reports that macroeconomic performance has been strong and steady, owing in part to confidence-enhancing policy frameworks and generally sound implementation. The financial system is generally healthy, although a substantial increase in...
Persistent link: https://www.econbiz.de/10005591828
Persistent link: https://www.econbiz.de/10004998691
This paper contributes to the debate on the causes of unemployment in interwar Germany. It applies the Layard …-Nickell model of the labour market to interwar Germany, using a new quarterly data set. The basic model is extended to capture the … reinforcement of these factors may help to explain the severity of the interwar cycle in Germany. It also serves to emphasize the …
Persistent link: https://www.econbiz.de/10010701816
This article establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010634278
We study the behavior of output, employment, consumption, and investment in Germany during the Great Depression of 1928 … to a small number of factors, the model accounts surprisingly well for the Depression in Germany. (Copyright: Elsevier) …
Persistent link: https://www.econbiz.de/10005091006
The German "employment miracle", with a weak decline in employment and low unemployment during the great recession, seems to be a good example for a successful labour market reform. Nevertheless, there are concerns about rising inequality in the labour market. In this paper we analyze the...
Persistent link: https://www.econbiz.de/10010691288
Der Bericht stellt die Ergebnisse des ifo Investitionstests für den deutschen Einzelhandel vom März/April 1994 zusammen. Die Auswertung der 660 beteiligten Unternehmen ergab, daß der westdeutsche Einzelhandel im Jahr 1993 einen nominalen Umsatzrückgang von 2,4% hinnehmen mußte, während die...
Persistent link: https://www.econbiz.de/10005055689