In this paper we discuss the relationship between the current account rebalancing in the Eu-rozone, income distribution … and wage policies with a focus on the main surplus economy, Germany. We will illustrate how and to which extent German … wage policies could be able to contribute to a more balanced development of the Eurozone and to overcome the export …

disequilibrium if the high current account surplus is included in the analysis. The paper scrutinises the evolution of Germany …- and non-price competitiveness. The latter is mainly determined by the global income elasticity for imports from Germany …, relative to the income elasticity for imports to Germany. Despite heavy fluctuations, the past trend shows a clear wedge …

What explains Eurozone member-states' divergent exposure to Europe's sovereign debt crisis? Deviating from current … Rigidity: Public Sector Employment Reform and Wage Suppression in Germany, the Netherlands, and Italy -- 6. Sheltered Sector …

The paper analyses the rise of the current account balance in Germany by around ten percentage points (relative to GDP … dimensions. Exports grow in line with world exports which tend to grow markedly faster than imports and GDP in Germany. If this …-term ups and downs. Germany follows an unsustainable trend.On the supply side, it is the strength of German manufacturing, the …