of the production potential has implications for monetary policy. In a world with rational expectations and sticky prices …

coordination with monetary policy. According to the simulations, employment in Germany would increase by about 750,000 persons in … example: If the social partners in a large country such as Germany give a credible signal that wage increases will be moderate …

The recovery of the world economy is evolving with a considerable degree of heterogeneity across countries. While the …

monetary policy for the euro area seems to have contributed significantly to the low trend growth rate in Germany between 1999 …