Zur Interdependenz von Geld- und Lohnpolitik: Makroökonometrische Ex-post und Ex-ante Simulationen verschiedener Szenarien für die Bundesrepublik Deutschland

Using a macroeconometric model we simulate different scenarios for alternative wage and monetary policies and their effects on macroeconomic performance in Germany. First, ex post scenarios for the period from 1991 until 2000 are simulated, and then ex ante scenarios for the period from 2001 until 2006 will be generated. On the one hand, open economy effects will be taken into account, in particular Germany's integration into the Euro area. On the other hand, interdependencies between monetary and wage policies will be examined.