The present paper is confined to a macroeconometric disequilibrium model for the Federal Republic of Germany. The model consists of three main building blocks: goods and labour markets and a monetary sector. Allowing for spillovers between goods and labour markets our main concern is to explain...

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...

Inhalt dieses Beitrags ist die Simulation einer alternativen Geldpolitik der Deutschen Bundesbank mit Hilfe eines makrookonometrischen Ungleichgewichtsmodells. Dazu wird nach einem kurzen Überblick über das Modell für den Zeitraum 1985 bis 1988 eine Geldmengenentwicklung unterstellt, die sich...

This paper gives a short overview of the unemployment problem in Germany during the last decade. In a disequilibrium macroeconomic framework there are strong linkages between spillovers of domestic demand on trade flows and labor demand. In the econometric part of the paper these linkages are...