and affects the overall effectiveness of forward guidance. We find that the central banks of the U.S., the U.K., Germany …

Over the last twenty years the wage-education relationships in the US and Germany have evolved very differently, while … files from the PSID (US) and the GSOEP (Germany), we demonstrate how factor movements within these countries are associated … capital over the 1979-96 period, while Germany accumulated factors in a more balanced manner …

prime age men and women in the United States and Germany during the growth years of the 1980s. Despite major differences in …-specific differences among men, while in Germany random shocks are found to persist longer for men. Women in Germany and the United States …

subsidies on retirement, savings and housing choices in the two countries. Germany faces a particularly pronounced aging process … percent at its peak in 2030. In this respect, changes that are occurring in Germany now may be regarded as indicative for … changes to come in the United States. Retirement, savings and housing behavior differ quite markedly between Germany and the …

Like most Western European countries, Germany stringently regulates dismissals and layoffs. Critics contend that this … Germany. We find little evidence that inventories help to buffer demand fluctuations in either country. Our findings suggest …

and Germany, and thereby assess the impact of increased pollution abatement capital regulation on productivity growth. Our …