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structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …
Persistent link: https://www.econbiz.de/10010260526
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010274586
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010302616
Die deutsche Wirtschaft müht sich aus der Stagnation. Im kommenden Jahr dürfte die Wirtschaftsleistung wieder zulegen. Eine große konjunkturelle Dynamik ist aber nicht absehbar. Vor allem die recht kräftigen Zuwächse des real verfügbaren Einkommens werden den privaten Konsum anschieben....
Persistent link: https://www.econbiz.de/10014506985
and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear …
Persistent link: https://www.econbiz.de/10010261205
Western Germany's workers differ in their mobility properties along the business cycle. …
Persistent link: https://www.econbiz.de/10010264928
economic upswing in the Federal Republic of Germany. …
Persistent link: https://www.econbiz.de/10010265309
-economic and ecological factors as explanatory variables. Germany is chosen as an indicative example for other industrialized …
Persistent link: https://www.econbiz.de/10010265667
. Heterogeneity in unemployment and transition rates differ between East and West Germany, as well as between the sexes. In East … Germany, all demographic cells are almost entirely detached from the cycle. Women are less influenced by the cycle in their re …
Persistent link: https://www.econbiz.de/10010265772
evidence exists for Germany. Kluve, Schaffner, and Schmidt (2009) emphasize the heterogeneity of cyclical influences for … countercyclical. The empirical framework employed here allows demographic groups to vary in their cyclical sensitivity. In Germany …
Persistent link: https://www.econbiz.de/10010265802