Search Results
Journal Article
Commerce and banking: the German case
Pozdena, Randall
(1987)
FRBSF Economic Letter
Working Paper
The role of real wages, productivity and fiscal policy in Germany's Great Depression 1928-1937
Fisher, Jonas D. M.; Hornstein, Andreas
(2001)
We study the behavior of output, employment, consumption, and investment in Germany during the Great Depression of 1928-37. In this time period, real wages were countercyclical, and productivity and fiscal policy were procyclical. We use the neoclassical growth model to investigate how much these factors contribute to the Depression. We find that real wages, which were significantly above their market clearing levels, were the most important factor for the economic decline in the Depression. Changes in productivity and fiscal policy were also important for the decline and recovery. Even ...
Working Paper Series
, Paper WP-01-07
Conference Paper
Multicountry modeling of financial markets
Cockerline, Jon; Lafrance, Robert; Helliwell, John F.
(1990)
Proceedings
Working Paper
The burden of German unification: a generational accounting approach
Walliser, Jan; Gokhale, Jagadeesh; Raffelhuschen, Bernd
(1994)
An assessment of the generational stance of postunification German fiscal policy and an estimate of the burden of unification-related fiscal measures on West German generations, finding that future generations will bear much larger lifetime net tax burdens than current newborns.
Working Papers (Old Series)
, Paper 9412
Journal Article
German banks as financial department stores
Hoffman, Diether H.
(1971-11)
Review
, Volume 53
, Issue Nov
, Pages 8-13
Conference Paper
Monetary policy rules in practice
Gertler, Mark; Gali, Jordi; Clarida, Richard H.
(1998-03)
Proceedings
, Issue Mar
Conference Paper
Bank monitoring of financial risk management at German nonfinancial firms: the case of Metallgesellschaft
Palmer, David E.; Frankel, Allen B.
(1997)
Proceedings
, Paper 566
Working Paper
Banking relationships in Germany: empirical results and policy implications
Chirinko, Robert S.; Elston, Julie Ann
(1996)
Expanding the range of activities by banks and other financial intermediaries has attracted much attention in the 1990s. Proponents of universal banking point to the benefits of German system of finance. Germany is the prototypical economy where universal banks, which offer a wide-range of financial services, allegedly exert substantial influence over firms and generate beneficial effects for the economy-wide allocation of credit. Arguments for replacing the specialized banking system currently in place in the United States with a universal banking system rely on a favorable evaluation of the ...
Research Working Paper
, Paper 96-05
Journal Article
Money and exchange rates, 1974-79
Keran, Michael W.
(1979-04)
Economic Review
, Issue Spr
, Pages 19-34
Working Paper
More on the international similarity of interindustry wage differentials: evidence from the Federal Republic of Germany and the U.S
Helwege, Jean; Wagner, Joachim
(1991)
Finance and Economics Discussion Series
, Paper 167
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