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A macroeconomic model for the evaluation of labor market reforms

Krebs, Tom; Scheffel, Martin - 2010

We develop a tractable macroeconomic model with employment risk and labor market search in order evaluate the effects of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who can invest in risk-free physical capital and risky human...

Persistent link: https://www.econbiz.de/10008651589

The Ifo DSGE model for the German economy

Hristov, Nikolay - 2016

This paper estimates a medium-scale open economy DSGE model for Germany and the rest of the Euro Area (REA). The parameter estimates indicate that there is a modest degree of structural heterogeneity between Germany and the rest of the Euro Area. In particular, (i) the private sector in Germany...

Persistent link: https://www.econbiz.de/10011436405

An estimated DSGE model for the German economy within the euro area

Pytlarczyk, Ernest - 2005

framework. In the estimation we utilize disaggregated information, employing single country data, along with the aggregated EMU … data by Fagan et. al (2001). We also contribute to the literature by proposing a strategy for consistent estimation of the … simple tworegion DSGE model, with a particular focus on analyzing the German economy within EMU, and its Bayesian estimation …

Persistent link: https://www.econbiz.de/10003300280