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There is a symmetrical debate in two Euro area core countries: in France about the restrictive fiscal policy of Germany …, that Germany's industry is not more integrated in international value chains than that of France or Italy. We then look at …In zwei Kernländern der Euro-Zone gibt es eine symmetrische Debatte: in Frankreich über die restriktive Finanzpolitik …
Persistent link: https://www.econbiz.de/10012197774
an increase of 2.8 and 3.3 per cent in the euro-zone and European Union, respectively. Overall, Germany ranks in seventh … increases of the EU countries and the countries in the euro-zone were 1.7 and 1.6 per cent, respectively. Thus, even in a year … with strong economic growth in Germany, the long term trend continued and, once again, labour costs in Germany rose at a …
Persistent link: https://www.econbiz.de/10009565957
an increase of 2.8 and 3.3 per cent in the euro-zone and European Union, respectively. Overall, Germany ranks in seventh …Die Arbeitskosten in der privaten Wirtschaft sind in Deutschland 2010 lediglich um 0,6 Prozent gestiegen. Im …. Damit hat sich in einem Jahr mit starkem Wirtschaftswachstum in Deutschland der langjährige Trend fortgesetzt, nach dem die …
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We empirically assess the impact of competitiveness measured by unit labor costs for current account balances in the Euro area. For this purpose, we estimate a panel with annual observations from 2000 to 2013. Our findings confirm the importance of competitiveness: Higher unit labor costs growth...
Persistent link: https://www.econbiz.de/10011442611
In the debate on global imbalances, the euro area countries did not receive much attention so far. While the current account is on balance for the entire area, divergences between individual member states have increased since the introduction of the common currency. In this paper, the imbalances...
Persistent link: https://www.econbiz.de/10010209436
In the debate on global imbalances, the euro area countries did not receive much attention so far. While the current account is on balance for the entire area, divergences between individual member states have increased since the introduction of the common currency. In this paper, the imbalances...
Persistent link: https://www.econbiz.de/10008856366
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