Gadatsch, Niklas; Stähler, Nikolai; Weigert, Benjamin - 2014
, investment and (un)employment, the reforms were a clear success albeit the impact on the German trade balance and the current …In this paper,we assess the impact ofmajor German structural reforms from1999 to 2008 on key macroeconomic variables … considered to be the root of thereafter observed imbalances in the Euro Area. We find that, in terms of German GDP, consumption …