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of an aging population and a declining working age population, hence highlighting the pertinence of immigration as a … the pertinence of immigration as a possible solution. …
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Wachstumsverluste und Verwerfungen befürchtet. In dieser Arbeit wird aufgezeigt, daß sich für Deutschland aus der Europäischen … bessere Finanzierungsbedingungen für Unternehmen in den Teilnehmerstaaten zu erwarten sind. Deutschland wird hiervon …
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Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past … business cycle theory. It also probes in which direction models may be extended from here. Empirically, the book uses different …
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In this paper we incorporate a labor market with matching frictions and wage rigidities into the New Keynesian business cycle model. In particular, we analyze the effect of a monetary policy shock and investigate how labor market frictions affect the transmission process of monetary policy. The...
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