Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - 2015
, consumption, investment and (un)employment, the reforms were a clear success albeit the impact on the German current account was …In this paper, we assess the impact of major German structural reforms from 1999 to 2008 on key macroeconomic variables … imbalances in the Euro Area. Our simulations within a two-country monetary union DSGE model show that, in terms of German GDP …