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coordination with monetary policy. According to the simulations, employment in Germany would increase by about 750,000 persons in … example: If the social partners in a large country such as Germany give a credible signal that wage increases will be moderate …
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The notion of new economy was coined in the United States when there was increasing evidence that, as a result of the introduction of new technologies, the traditional behavior of macroeconomic variables might have changed. The expansion of the 1990s differed from its predecessors in three...
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Germany is currently facing an extremely expansionary monetary environment. The Eurosystem is keeping interest rates … budgets in several countries of the euro area. This has led to large liquidity flows into Germany. This situation is expected …
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