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We estimate a three-country model using 1995-2013 data for Germany, the Rest of the Euro Area (REA) and the Rest of the World (ROW) to analyze the determinants of Germany's current account surplus after the launch of the Euro. The most important factors driving the German surplus were positive...
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In this paper we discuss the relationship between the current account rebalancing in the Eu-rozone, income distribution … wage policies could be able to contribute to a more balanced development of the Eurozone and to overcome the export …
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