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Previous empirical studies of job creation schemes in Germany have shown that the average effects for the participating … West Germany who benefit from participation in terms of higher employment rates. …
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Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations with a macroeconometric model. A macroeconometric disequilibriummodel of the West German economy is used to analyze a reform proposal for the tax system. The model was estimated...
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