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Keynesian and monetarist views on the German unemployment problem : theory and evidence
Gottschalk, Jan - 2002
Persistently high unemployment rates in Germany have led to a long-running controversy on the causes of the unemployment problem. This paper aims to re­view the contribution of Keynesian and monetarist theories to this controversy and explores empirically their implications for the explanation...
Persistent link: https://www.econbiz.de/10011474695
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The new Keynesian model and the long-run vertical Phillips curve : does it hold for Germany?
Gottschalk, Jan; Fritsche, Ulrich - 2006
New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is ruled out. While this appears to be a reasonable characterization of the US economy, it is less clear that the natural rate hypothesis necessarily holds in a European country...
Persistent link: https://www.econbiz.de/10010426365
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The Euroland crisis and Germany's euro trilemma
Bibow, Jörg - In: International review of applied economics 27 (2013) 3, pp. 360-385
Persistent link: https://www.econbiz.de/10009781098
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The Euro area crisis five years after the original sin
Orphanides, Athanasios - In: Credit and capital markets : Kredit und Kapital 48 (2015) 4, pp. 535-565
Persistent link: https://www.econbiz.de/10011476003
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The euro exchange rate and Germany's trade surplus
Hohberger, Stefan; Ratto, Marco; Vogel, Lukas - 2019
We estimate a three-region (DE-REA-RoW) structural macroeconomic model, and we provide a counterfactual on how nominal exchange rate flexibility would have affected the German trade balance (TB) by simulating the shocks of the estimated model under a counterfactual flexible exchange rate regime....
Persistent link: https://www.econbiz.de/10011983671
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The euro bias of bank assets in the Eurozone
Choi, Changkyu; Park, Kyungsun - In: Emerging markets finance & trade : a journal of the … 50 (2014), pp. 172-185
Persistent link: https://www.econbiz.de/10010486510
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Currency movements within and outside a currency union : the case of Germany and the euro area /Nikolaus Bartzsch, Gerhard Rösl and Franz Seitz
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal … methods. We draw a distinction between movements within Germany, circulation outside Germany but within the euro area and … demand from non-euroarea countries. Our approach suggests that only about 20% of euro notes issued by Germany are used for …
Persistent link: https://www.econbiz.de/10010209428
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Stuck on the wrong track : 20 years of euro disillusion, denial, and delusion
Bibow, Jörg - In: European journal of economics and economic policies : … 17 (2020) 2, pp. 139-155
Persistent link: https://www.econbiz.de/10012321781
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Money demand and relative prices in hyperinflations: evidence from Germany and China
Tallman, Ellis W.; Wang, Ping - Federal Reserve Bank of Atlanta - 1992
Persistent link: https://www.econbiz.de/10005514573
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The independence of central banks
Kim, Sun Bae - In: FRBSF Economic Letter (1991)
Persistent link: https://www.econbiz.de/10005490379