We analyze the interaction of stock market movements and politics in Germany. In contrast to the empirical evidence …

I use a time-varying parameter model in order to study the predictability of monthly real stock returns in Germany over …

structural breaks in the dynamics and the volatility of the real output process in Germany can be detected. We report evidence … that output volatility has declined in Germany. Yet, this decline in output volatility is not as clear-cut as it is in the … in Germany reflects good economic and monetary policy or merely ?good luck?. …

Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …

Using a newly constructed macroeconometric model for Germany and the rest of the Euro area, we investigate the … macroeconomic effects of structural labor market reforms in Germany. We find that neither the fact that Germany can no longer pursue … Germany by implementing labor market reforms themselves constitute impediments to successful reforms. Reforms would relative …