. Auch in Deutschland lassen die allmähliche Besserung des internationalen konjunkturellen Umfelds und auch die Meldungen der …) steigen; im nächsten Jahr ist das Minus auf 70 Mrd. q (3,2% des BIP) zu veranschlagen. Deutschland verfehlt damit in beiden …

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …

investment. The public financing deficit is likely to fall from 2.1 percent relative to GDP in 2023 to 0.8 percent in 2025 …

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?. …

The paper studies the interaction between cyclical uncertainty and investment in a stochastic real option framework … of the link between cyclical uncertainty and investment is quantified using simulations of the model. The chief …