Arbeitspapier
Employment and unemployment in Germany: Some results from a macroeconomic disequilibrium model
In the paper, some empirical results from a macroeconometric disequilibrium model for the Federal Republic of Germany are reported. In the theoretical model, a delayed adjustment of employment and investment is analyzed. Market disequilibrium is introduced by allowing for a sluggish adjustment of wages and prices. The estimation results reveal the importance of the slow adjustment of prices and quantities for the employment Situation in Germany. The slow adjustment of employment and the capital stock contributed to the persistence of unemployment in the second half of the eighties.
- Sprache
-
Englisch
- Erschienen in
-
Series: Diskussionsbeiträge - Serie II ; No. 247
- Klassifikation
-
Wirtschaft
Employment; Unemployment; Wages; Intergenerational Income Distribution; Aggregate Human Capital; Aggregate Labor Productivity
Business Fluctuations; Cycles
- Thema
-
(un)-employment
macroeconometric disequilibrium model
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Smolny, Werner
- Ereignis
-
Veröffentlichung
- (wer)
-
Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
- (wo)
-
Konstanz
- (wann)
-
1995
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:46 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Smolny, Werner
- Universität Konstanz, Sonderforschungsbereich 178 - Internationalisierung der Wirtschaft
Entstanden
- 1995
Ähnliche Objekte (12)
International spillovers and employment in a disequilibrium macroeconomic model for Germany
Investment and Employment Adjustment after Unification: Some Results from a Macroeconometric Disequilibrium Model
Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Germany in fundamental macroeconomic disequilibrium - the external surplus
Germany in fundamental macroeconomic disequilibrium: The external surplus
Macroeconomic fluctuations in a New Keynesian disequilibrium model
A macroeconomic disequilibrium model of the German credit market
Stochastic simulations of a macroeconomic disequilibrium model for West Germany
Macroeconomic fluctuations in a stylized DSGE model with disequilibrium dynamics
The estimation of macroeconomic disequilibrium models with regime classification information
Macroeconomic consequences of international labour migration: Simulation experience from an econometric disequilibrium model
International spillovers and employment in a disequilibrium macroeconomic model for Germany
Investment and Employment Adjustment after Unification: Some Results from a Macroeconometric Disequilibrium Model
Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Germany in fundamental macroeconomic disequilibrium - the external surplus
Germany in fundamental macroeconomic disequilibrium: The external surplus
Macroeconomic fluctuations in a New Keynesian disequilibrium model
A macroeconomic disequilibrium model of the German credit market
Stochastic simulations of a macroeconomic disequilibrium model for West Germany
Macroeconomic fluctuations in a stylized DSGE model with disequilibrium dynamics
The estimation of macroeconomic disequilibrium models with regime classification information
Macroeconomic consequences of international labour migration: Simulation experience from an econometric disequilibrium model
International spillovers and employment in a disequilibrium macroeconomic model for Germany
Investment and Employment Adjustment after Unification: Some Results from a Macroeconometric Disequilibrium Model
Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Investment and employment adjustment after unification : some results from a macroeconometric disequilibrium model
Germany in fundamental macroeconomic disequilibrium - the external surplus
Germany in fundamental macroeconomic disequilibrium: The external surplus
Macroeconomic fluctuations in a New Keynesian disequilibrium model
A macroeconomic disequilibrium model of the German credit market
Stochastic simulations of a macroeconomic disequilibrium model for West Germany
Macroeconomic fluctuations in a stylized DSGE model with disequilibrium dynamics
The estimation of macroeconomic disequilibrium models with regime classification information