A two-sector incomplete markets model with heterogeneous agents can be used to study the distributional effects of the COVID-19 lockdown. While negative aggregate welfare effects of the lockdown are unavoidable, the size of aggregate welfare effects as well as the distribution of the welfare...

A two-sector incomplete markets model with heterogeneous agents can be used to study the distributional effects of the COVID-19 lockdown. While negative aggregate welfare effects of the lockdown are unavoidable, the size of aggregate welfare effects as well as the distribution of the welfare...

A two-sector incomplete markets model with heterogeneous agents can be used to study the distributional effects of the COVID-19 lockdown. While negative aggregate welfare effects of the lockdown are unavoidable, the size of aggregate welfare effects as well as the distribution of the welfare...

In spite of persisting unfavorable external economic conditions, the German economy's upward trend continues, with a growth of 1.2 percent expected for the coming year - slightly less than the 1.8 percent growth rate of 2016, a difference primarily due to the fact that 2017 has fewer workdays. A...

Die deutsche Wirtschaft setzt in weiterhin schwierigem Umfeld ihre Aufwärtsbewegung fort und dürfte im kommenden Jahr mit 1,2 Prozent etwas schwächer wachsen als 2016 (1,8 Prozent); dies liegt jedoch vor allem an der geringeren Zahl an Arbeitstagen. Im Jahr 2018 werden es voraussichtlich 1,6...

Der deutsche Konjunkturmotor ist weiter auf Touren: Die Wirtschaftsleistung dürfte in diesem Jahr bei leicht überausgelasteten Kapazitäten um 1,4 Prozent wachsen. Ins Gewicht fällt der anhaltend kräftige Beschäftigungsaufbau: Die Zahl der Arbeitsplätze steigt um 600 000. Das treibt den...

The German economy's upward growth trend continues, with the economic output expected to increase by 1.4 percent this year with slightly overloaded capacities. Employment growth remains strong with the creation of 600,000 new jobs, which has in turn led to an increase in private consumption -...

Although the economic boom in Germany is over, a recession is not looming. The economy is still expected to grow by 1.0 percent this year despite its recent weaker performance. Consumption remains a mainstay of the economy; the average annual increase in the number of employees is likely to be...