Owing to its strong dependence on exports, Germany was among the economies hit hardest by the financial crisis. But … unlike almost all other countries, Germany emerged from the crisis quickly and stronger than before. What lies behind this … a Keynesian crisis response). German and European policymakers preaching austerity and structural labor-market changes …

In recent years, unemployment has become a major problem in many countries. The fluctuations of the unemployment rate … appropriate policy measures, it is necessary to know the exact character of the unemployment in the observed country – is it … behavior of the unemployment rates – the concept of the natural rate of unemployment or hysteresis hypothesis. The character of …

New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …

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 of high un­em­ploy­ment in Germany using a structural vector …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline in unemployment in Germany. By contrast, improved activation of unemployed …

restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline of unemployment in Germany. By contrast, improved activation of unemployed …