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significant until 2013. Our analysis is mainly based on a few simple accounting identities and places special emphasis on Germany … Analyse basiert im Wesentlichen auf einigen einfachen Identitätsgleichungen, und besonderes Augenmerk liegt auf Deutschland …
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We estimate a three-country model using 1995-2013 data for Germany, the Rest of the Euro Area (REA) and the Rest of the … World (ROW) to analyze the determinants of Germany's current account surplus after the launch of the Euro. The most …
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pensionreforms led to an increase in the household savings rate in Germany until about2010. As domestic investment opportunities …. After 2010, private savings remained rather stable, but opportunities to investin Germany declined further. Our simulations …
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