Showing 1 - 10 of 31
EU Eastern Enlargement elicited a rise in (temporary) labour market oriented immi-gration to Germany starting in May …
Persistent link: https://www.econbiz.de/10012821802
Since the negotiation of the Maastricht Treaty in December 1991 expectations on the new European currency could possibly influence European interest rates. The focus of this paper is both on the theoretical and empirical analysis of the link between European Monetary Union (EMU) and German...
Persistent link: https://www.econbiz.de/10011621678
We analyze whether, and if so by how much, stable funding would have contributed to the financial soundness of German banks in the time period between 1995 and 2013, before the Basel III liquidity regulation to address excessive maturity mismatches in the wake of the financial crisis via the Net...
Persistent link: https://www.econbiz.de/10011608695
We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment and a complex international structure. We use the model...
Persistent link: https://www.econbiz.de/10010516561
German labor market reforms in the 1990s and 2000s are generally believed to have driven the large increase in the dispersion of current account balances in the Euro Area. We investigate this hypothesis quantitatively. We develop an open economy New Keynesian model with search and matching...
Persistent link: https://www.econbiz.de/10011292316
Persistent link: https://www.econbiz.de/10012172002
Since the financial crisis, central banks have stressed the role of trust and communication in connection with their objectives and strategies for aligning the public's inflation expectations with their own and, consequently, improving the effectiveness of monetary policy. Assessing how much the...
Persistent link: https://www.econbiz.de/10011897980
Finnish subsample of EU-SILC for the equival- ized household net-income. The income is grouped into income brackets which … stability may vary among the European countries. Therefore we investigated the transition matrices for 25 EU-SILC countries. We … for Finland (least reduction). Our results vote for longer observation periods in rotation panels like EU-SILC. …
Persistent link: https://www.econbiz.de/10011312698
Persistent link: https://www.econbiz.de/10001881031
Zu den Verpflichtungen der Mitglieder im Europäischen Fiskalpakt gehört unter anderem, eine nationale Schuldenbremse einzuführen - eine Regel zur Begrenzung der jährlichen Neuverschuldung. Deutschland ist diesen Schritt bereits gegangen. Im vorliegenden Beitrag überprüfen wir, inwieweit...
Persistent link: https://www.econbiz.de/10009540728