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Seit Januar 2019 veröffentlicht das ifo Institut seine monatlichen Umfrageergebnisse auch für die Dienstleistungssektoren in Ostdeutschland und Sachsen. In Ostdeutschland verbesserte sich die Geschäftslage der Dienstleister in den letzten Jahren kontinuierlich, während die...
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We demonstrate that almost one half of the observed wage gap between East and West Germany reflects differences in worker, establishment, and regional characteristics rather than differences in productivity at the establishment level. Regional price and establishment size differentials alone...
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Unconventional fiscal policy uses announcements of future increases in consumption taxes to generate inflation expectations and accelerate consumption expenditure. It is budget neutral and time consistent. We exploit a unique natural experiment for an empirical test of the effectiveness of...
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