coordination with monetary policy. According to the simulations, employment in Germany would increase by about 750,000 persons in … example: If the social partners in a large country such as Germany give a credible signal that wage increases will be moderate …

- 1989 are used to investigate the validity of the RBC hypothesis for Germany. On the basis of variance decomposition results … Bundesrepublik Deutschland untersucht. Die Varianzzerlegungen verschiedener vektorautoregressiver Systeme zeigen erstens, daß die …