During the economic crisis of 2008 and 2009, governments in Europe stabilized their economies by means of fiscal policy. After decades of absence, deficit spending was used to counteract the heavy decline in demand. In Germany, public spending went partially into R&D subsidies in favor of small...

In the decade prior to the economic and financial crisis, Germany’s net exports increased in absolute terms as well as relative to the growing level of import intensity of domestically produced export goods and services. This article analyses the direct and indirect employment effects induced...

Abstract This paper examines the effects of the minimum wage introduction in Germany in 2015 on the skilled crafts sector in Saxony-Anhalt. Using novel survey data on the skilled crafts sector in Saxony-Anhalt, we examine three questions: (1) How many employees are affected by the minimum wage...

Zusammenfassung Die vorliegende Arbeit untersucht die Entwicklung der Unternehmensinvestitionen in der Bundesrepublik Deutschland für den Zeitraum von 1968 bis 1989 auf der Basis von nicht saisonbereinigten Quartalsdaten. Dabei wird die Technik der saisonalen Kointegration im Rahmen eines...