Gadatsch, Niklas; Hauzenberger, Klemens; Stähler, Nikolai - 2014
Germany and the rest of EMU affected GDP growth and unemployment during the crisis. Not surprisingly, stimulus programmes …In this paper, we use the estimated three-region DSGE model GEAR, which pictures Germany, the Euro Area and the Rest of … the Euro Area in terms of annualized quarter-on quarter growth rates. The main driver for the evolution of GDP were rest …