lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

Some 20 years after German reunification, living conditions and the economic base in East Germany are approaching that … of West Germany in many areas. In view of this anniversary and against the backdrop of the global financial crisis that …

between East and West Germany declined at a speed not far from empirical estimates of the neoclassical growth model, yet … from those found within West Germany, and net migration has ceased. On this human metric, German unification has been an …

Like most Western European countries, Germany stringently regulates dismissals and layoffs. Critics contend that this … Germany. We find little evidence that inventories help to buffer demand fluctuations in either country. Our findings suggest …

States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates … did not change substantially in Germany, increased and remained at relatively high levels in the United States, and … increased moderately in Canada. More recent data also show that, unlike Germany and Canada, the U.S. unemployment rate remains …

France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings …