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Keywords:Germany 

Journal Article
The extent and impact of outsourcing: evidence from Germany

The authors use data from several sources, including plant-level data from the manufacturing sector in Germany, to expand the literature on outsourcing. They find that, in Germany, the extent of outsourcing among manufacturing industries is higher than among service industries and that the outsourcing intensity of these industries did not change much between 1995 and 2005. They also find a statistically significantly positive impact of industry-level outsourcing intensity on German plant-level labor produc- tivity for both 2000 and 2005. The estimated economic impact of outsourcing on ...
Review , Volume 94 , Issue July

Working Paper
An empirical analysis of policy coordination in the United States, Japan and Europe

Coordination of macroeconomic policy has been a major topic at recent summit meetings, and has been the subject of a number of theoretical studies. However, relatively little empirical research exists on policy coordination. This paper is an attempt to help fill this gap. The paper considers the quantitative importance of the coordination of fiscal and monetary policy under flexible exchange rates. We also evaluate the mechanisms by which the effects of macroeconomic policy are transmitted abroad. The nature of the equilibrium reached in the absence of coordination is also analyzed, and the ...
International Finance Discussion Papers , Paper 286

Conference Paper
Overview of the symposium, Changing Capital Markets: Implications for Monetary Policy

Proceedings - Economic Policy Symposium - Jackson Hole

Working Paper
More on the international similarity of interindustry wage differentials: evidence from the Federal Republic of Germany and the U.S

Finance and Economics Discussion Series , Paper 167

Journal Article
The practice of monetary targeting: a case study of the West German experience

Economic Review , Issue Spr , Pages 30-44

Conference Paper
Overview : proceedings of a symposium on reducing unemployment

Proceedings - Economic Policy Symposium - Jackson Hole

Conference Paper
Multicountry modeling of financial markets

Proceedings

Working Paper
Germany and the European disease

This paper is concerned with the growth of unemployment in Europe in the late 70s and early 80s. Unemployment has risen to double digit rates in many countries, rates which are not considered likely to fall much in the rest of the 80s. A theory--'the disease'--is expounded, with empirical evidence from the Federal Republic of Germany. The disease is characterized by high unemployment and low output growth, these being systematic rather than the consequence of some temporary phenomenon such as the downphase of the business cycle. Consequently we present a 'natural rate' explanation as an ...
International Finance Discussion Papers , Paper 296

Working Paper
Globalization and productivity in the United States and Germany

This paper investigates the impact of globalization on productivity growth and the procyclicality of productivity growth in manufacturing industries in the United States and Germany. For U.S. industries, the analysis suggests that changes in international demand affect productivity growth differently from changes in exposure to international competition. An increase in foreign demand for U.S. exports raises trend productivity growth, but to a lesser degree than does a similar demand shock from domestic buyers. On the other hand, whereas an increase in U.S. imports reduces trend productivity ...
International Finance Discussion Papers , Paper 595

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Schmid, Frank A. 6 items

Gagnon, Joseph E. 5 items

Emmons, William R. 4 items

Fischer, Stanley 3 items

Frenkel, Jacob A. 3 items

Glick, Reuven 3 items

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Japan 29 items

Monetary policy 19 items

Monetary policy - Germany 15 items

Great Britain 14 items

Fiscal policy 10 items

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