In the paper, some empirical results from a macroeconometric disequilibrium model for the Federal Republic of Germany are reported. In the theoretical model, a delayed adjustment of employment and investment is analyzed. Market disequilibrium is introduced by allowing for a sluggish adjustment...

Recent experience on increasing labour supply Coming from outside the FRG enhances interest in the economic effect of these supply shocks. This paper analyses the consequences of guest workers Immigration in the sixties and seventies using a macroeconometric disequilibium model. Within the...

A dynamic model of the firm is worked out, which pays special attention to a delayed adjustment of employment, investment, and the production technology. A three-step decision structure is assumed, with short-run adjustment of output, medium-run adjustment of employment, and long-run adjustment...

This paper analyzes the role of labor market institutions for youth unemployment, as contrasted to total unemployment. The empirical results are basically consistent with an insider view of labor market institutions. Labor market institutions tend to protect (older) employees but might harm...

During the 1960s and 1970s a large number of immigrants came to Germany as temporary labour migrants. Many of them remained, captured their family and their children entered the labour market since the eighties. Our paper analyses their labour market experience in terms of employment,...

Zusammenfassung Mit dem Konjunkturtest, dem Innovationstest und dem Investitionstest des ifo Instituts liegt ein umfangreicher Datensatz der Unternehmen des verarbeitenden Gewerbes in der Bundesrepublik Deutschland vor, der es erlaubt, detaillierte Untersuchungen des Unternehmensverhaltens...

Summary Nearly 20 years after unification large differences of the labor market situation in East and West Germany persist. Wages are still considerably lower, the unemployment rate is about twice of the West German level, and the competitiveness of the East German economy seems to be low. This...