06855oam 22014294 450 991078766900332120230803031240.01-4755-2249-51-4755-8239-01-4755-1671-1(CKB)2670000000420233(EBL)1587772(SSID)ssj0001037045(PQKBManifestationID)11668217(PQKBTitleCode)TC0001037045(PQKBWorkID)11042732(PQKB)10318612(MiAaPQ)EBC1587772(Au-PeEL)EBL1587772(CaPaEBR)ebr10739469(CaONFJC)MIL490365(OCoLC)843336310(IMF)GISIWEE(IMF)GIAIWEA(EXLCZ)99267000000042023320020129d2013 uf 0engur|n|---|||||txtccrGermany In An Interconnected World Economy /Ashoka ModyWashington, D.C. :International Monetary Fund,2013.1 online resource (282 p.)Description based upon print version of record.1-61635-424-0 Includes bibliographical references and index.Cover; Contents; Foreword; Preface; 1 Tests of German Resilience; The Postwar Catch-Up; The Slowdown; Reemergence; The Great Recession; References; 2 The Crisis's Impact on Potential Growth in Germany: The Nature of the Shock Matters; Introduction; Background: Concepts and Related Literature; Methodology and Results; Germany's Growth Sources through a Growth Accounting Lens; Conclusion; References; Appendix; 3 German Productivity Growth: An Industry Perspective; Introduction; German and United States Productivity: Stylized Facts; An Industry Perspective; Conclusion; References; Appendix4 What Does the Crisis Tell Us about the German Labor Market?Introduction; Background; Recent Developments; Understanding German Labor Market Dynamics; Conclusion; References; Appendix; 5 Growth Spillover Dynamics: From Crisis to Recovery; Introduction; Growth Linkages and Spillovers: Related Literature; Empirical Approach; Results; Channels of Growth Spillover Transmission; Conclusion; References; Appendix; 6 Do Fiscal Spillovers Matter?; Introduction; Literature; Framework; Simulation Results; Conclusion; References; Appendix7 Current Account Imbalances: Can Structural Policies Make a Difference?Introduction; Literature Review; Baseline Model; Structural Policies and the Current Account; Long-Standing Structural Differences and the Current Account; Interaction of Structural Factors and Fundamentals; Implications for Germany; Conclusion; References; Appendix; 8 Discussion; Comment on Chapters 2 and 3; Comment on Chapter 4; Comment on Chapter 5; Comment on Chapter 7; References; About the Contributors; Index; A; B; C; D; E; F; G; H; I; J; K; L; M; N; O; P; R; S; T; U; V; WGermany has been a central player in discussions on the future architecture of Europe, and has been called on to play a larger role in supporting global and, especially, European recovery from the financial crisis that triggered the Great Recession. This book focuses on the possible economic role of Germany and shows that the quantitative effects of a German fiscal stimulus would be small on the heavily indebted euro area periphery countries that most need the boost. The book finds that Germany itself faces a growth challenge and that efforts to raise its own growth potential are important for Germany, and that more rapid growth of domestic demand will more powerfully stimulate European economic growth through its expanded demand for imports.BooksEconomic developmentGermanyExports and ImportsimfLaborimfMacroeconomicsimfPublic FinanceimfProduction and Operations ManagementimfCurrent Account AdjustmentimfShort-term Capital MovementsimfMacroeconomics: ProductionimfExternalitiesimfDemand and Supply of Labor: GeneralimfUnemployment: Models, Duration, Incidence, and Job SearchimfEmploymentimfUnemploymentimfWagesimfIntergenerational Income DistributionimfAggregate Human CapitalimfAggregate Labor ProductivityimfLabourimfincome economicsimfInternational economicsimfPublic finance & taxationimfCurrencyimfForeign exchangeimfSpilloversimfLabor marketsimfProductivityimfTotal factor productivityimfCurrent accountimfFinancial sector policy and analysisimfProductionimfIndustrial productivityimfBalance of paymentsimfInternational financeimfLabor marketimfEconomic theoryimfGermanyEconomic conditionsGermanyimfEconomic developmentExports and ImportsLaborMacroeconomicsPublic FinanceProduction and Operations ManagementCurrent Account AdjustmentShort-term Capital MovementsMacroeconomics: ProductionExternalitiesDemand and Supply of Labor: GeneralUnemployment: Models, Duration, Incidence, and Job SearchEmploymentUnemploymentWagesIntergenerational Income DistributionAggregate Human CapitalAggregate Labor ProductivityLabourincome economicsInternational economicsPublic finance & taxationCurrencyForeign exchangeSpilloversLabor marketsProductivityTotal factor productivityCurrent accountFinancial sector policy and analysisProductionIndustrial productivityBalance of paymentsInternational financeLabor marketEconomic theoryMody Ashoka888386DcWaIMFBOOK9910787669003321Germany In An Interconnected World Economy3866095UNINA