Germany in fundamental macroeconomic disequilibrium - the external surplus
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Gustav A. Horn & Fabian Lindner & Sabine Stephan, 2017. "The Role of nominal wages in trade and current account surpluses," IMK Report 125e-2017, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Ms. Ruo Chen & Mr. Gian M Milesi-Ferretti & Mr. Thierry Tressel, 2012. "External Imbalances in the Euro Area," IMF Working Papers 2012/236, International Monetary Fund.
- Jan Priewe, 2018. "A time bomb for the Euro? Understanding Germany's current account surplus," IMK Studies 59-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- William R. Cline, 2017. "Estimates of Fundamental Equilibrium Exchange Rates, May 2017," Policy Briefs PB17-19, Peterson Institute for International Economics.
- Eckhard Hein & Eckhard Achim Truger, 2017. "Opportunities and limits of rebalancing the Eurozone via wage policies," FMM Working Paper 06-2017, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Oliver Picek & Enno Schröder, 2017. "Euro area imbalances: How much could an expansion in the North help the South?," IMK Working Paper 180-2017, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Christian Dustmann & Bernd Fitzenberger & Uta Sch?nberg & Alexandra Spitz-Oener, 2014.
"From Sick Man of Europe to Economic Superstar: Germany's Resurgent Economy,"
Journal of Economic Perspectives, American Economic Association, vol. 28(1), pages 167-188, Winter.
- Christian Dustmann & Bernd Fitzenberger & Uta Schönberg & Alexandra Spitz-Oener, 2014. "From Sick Man of Europe to Economic Superstar: Germany's Resurgent Economy," RF Berlin - CReAM Discussion Paper Series 1406, Rockwool Foundation Berlin (RF Berlin) - Centre for Research and Analysis of Migration (CReAM).
- Eckhard Hein & Achim Truger, 2017. "Opportunities and limits of rebalancing the Eurozone via wage policies: Theoretical considerations and empirical illustrations for the case of Germany," PSL Quarterly Review, Economia civile, vol. 70(283), pages 421-447.
- Servaas Storm & C.W.M. Naastepad, 2015. "Crisis and Recovery in the German Economy: The Real Lessons," Working Papers Series 10, Institute for New Economic Thinking.
- Storm, Servaas & Naastepad, C.W.M., 2015. "Crisis and recovery in the German economy: The real lessons," Structural Change and Economic Dynamics, Elsevier, vol. 32(C), pages 11-24.
- William R. Cline, 2017. "Estimates of Fundamental Equilibrium Exchange Rates, November 2017," Policy Briefs PB17-31, Peterson Institute for International Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Jan Priewe, 2018. "A time bomb for the Euro? Understanding Germany's current account surplus," IMK Studies 59-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Nora Albu & Heike Joebges & Rudolf Zwiener, 2018. "Increasing competitiveness at any price?," IMK Working Paper 192-2018, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Klug, Thorsten & Mayer, Eric & Schuler, Tobias, 2022.
"The corporate saving glut and the current account in Germany,"
Journal of International Money and Finance, Elsevier, vol. 121(C).
- Thorsten Klug & Eric Mayer & Tobias Schuler, 2018. "The Corporate Saving Glut and the Current Account in Germany," ifo Working Paper Series 280, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Klug, Thorsten & Mayer, Eric & Schuler, Tobias, 2019. "The corporate saving glut and the current account in Germany," W.E.P. - Würzburg Economic Papers 100, University of Würzburg, Department of Economics.
- Klug, Thorsten & Mayer, Eric & Schuler, Tobias, 2019. "The Corporate Saving Glut and the Current Account in Germany," VfS Annual Conference 2019 (Leipzig): 30 Years after the Fall of the Berlin Wall - Democracy and Market Economy 203523, Verein für Socialpolitik / German Economic Association.
- Klug, Thorsten & Mayer, Eric & Schuler, Tobias, 2021. "The corporate saving glut and the current account in Germany," Working Paper Series 2586, European Central Bank.
- Giebel, Marek & Kraft, Kornelius, 2020. "R&D investment under financing constraints," ZEW Discussion Papers 20-018, ZEW - Leibniz Centre for European Economic Research.
- Juan Carlos Cuestas & Javier Ordóñez & Karsten Staehr, 2019.
"Unit labour costs and the dynamics of output and unemployment in the southern European crisis countries,"
Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 46(3), pages 597-616, August.
- Juan Carlos Cuestas & Karsten Staehr & Javier Ordóñez, 2018. "Unit Labour Costs and the Dynamics of Output and Unemployment in the Southern European Crisis Countries," TUT Economic Research Series 41, Department of Finance and Economics, Tallinn University of Technology.
- Landwehr, Jannik J., 2020. "The case for a job guarantee policy in Germany: A political-economic analysis of the potential benefits and obstacles," IPE Working Papers 150/2020, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
- Sokolova, Maria V., 2016.
"Exchange Rates, International Trade and Growth: Re-Evaluation of Undervaluation,"
Conference papers
332790, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
- Maria V. Sokolova, 2016. "Exchange Rates, International Trade and Growth: Re-Evaluation of Undervaluation," IHEID Working Papers 05-2016, Economics Section, The Graduate Institute of International Studies.
- Sokolova, Maria V., 2017. "Exchange Rates, International Trade, and Growth: Re-evaluation of Undervaluation," ADBI Working Papers 684, Asian Development Bank Institute.
- Gadatsch, Niklas & Stähler, Nikolai & Weigert, Benjamin, 2016.
"German labor market and fiscal reforms 1999–2008: Can they be blamed for intra-euro area imbalances?,"
Journal of Macroeconomics, Elsevier, vol. 50(C), pages 307-324.
- Gadatsch, Niklas & Stähler, Nikolai & Weigert, Benjamin, 2014. "German labor market and fiscal reforms 1999 to 2008: Can they be blamed for intra-Euro Area imbalances?," Working Papers 05/2014, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung.
- Gadatsch, Niklas & Stähler, Nikolai & Weigert, Benjamin, 2015. "German labor market and fiscal reforms 1999 to 2008: Can they be blamed for intra-euro area imbalances?," Discussion Papers 29/2015, Deutsche Bundesbank.
- Gadatsch, Niklas & Stähler, Nikolai & Weigert, Benjamin, 2015. "German Labor Market and Fiscal Reforms 1999 to 2008: Can They be Blamed for Intra-Euro Area Imbalances?," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112960, Verein für Socialpolitik / German Economic Association.
- Döpke, Jörg & Fritsche, Ulrich & Müller, Karsten, 2019. "Has macroeconomic forecasting changed after the Great Recession? Panel-based evidence on forecast accuracy and forecaster behavior from Germany," Journal of Macroeconomics, Elsevier, vol. 62(C).
- Taner Akan & Tim Solle, 2022. "Do macroeconomic and financial governance matter? Evidence from Germany, 1950–2019," Journal of Economic Interaction and Coordination, Springer;Society for Economic Science with Heterogeneous Interacting Agents, vol. 17(4), pages 993-1045, October.
- Claudius Gräbner & Philipp Heimberger & Jakob Kapeller, 2019. "Economic Polarisation in Europe: Causes and Options for Action," wiiw Research Reports 440, The Vienna Institute for International Economic Studies, wiiw.
- Pahnke, André & Welter, Friederike, 2019. "The German Mittelstand: Antithesis to the Silicon Valley entrepreneurship model?," Working Papers 01/19, Institut für Mittelstandsforschung (IfM) Bonn.
- Philipp Heimberger, 2017. "Österreichs Staatsausgabenstrukturen im europäischen Vergleich," wiiw Research Reports in German language 8, The Vienna Institute for International Economic Studies, wiiw.
- Bresser-Pereira, Luiz Carlos & Feijó, Carmem & Araújo, Eliane Cristina de, 2022. "The determination of the exchange rate: a new-developmental approach," Textos para discussão 558, FGV EESP - Escola de Economia de São Paulo, Fundação Getulio Vargas (Brazil).
- Michael Berlemann & Vera Jahn & Robert Lehmann, 2022.
"Is the German Mittelstand more resistant to crises?,"
Small Business Economics, Springer, vol. 59(3), pages 1169-1195, October.
- Michael Berlemann & Vera Jahn & Robert Lehmann, 2020. "Is the German Mittelstand More Resistant to Crises? Empirical Evidence from the Great Recession," CESifo Working Paper Series 8777, CESifo.
- Robert Kollmann & Marco Ratto & Werner Roeger & Jan in't Veld & Lukas Vogel, 2015.
"What drives the German current account? And how does it affect other EU Member States?,"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 30(81), pages 47-93.
- Jan in't Veld & Robert Kollmann & Marco Ratto & Werner Roeger & Lukas Vogel, 2014. "What drives the German current account? and how does it affect other EU member states?," Globalization Institute Working Papers 176, Federal Reserve Bank of Dallas.
- Vogel, Lukas & Kollmann, Robert & Ratto, Marco & Roeger, Werner & in 't Veld, Jan, 2015. "What drives the German current account? And how does it affect other EU Member States?," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112810, Verein für Socialpolitik / German Economic Association.
- Robert Kollmann & Marco Ratto & Werner Roeger & Jan in'tVeld & Lukas Vogel, 2014. "What Drives the German Current Account ?And How Does It Affect Other EU Member States ?," Working Papers ECARES ECARES 2014-20, ULB -- Universite Libre de Bruxelles.
- Kollmann, Robert & Roeger, Werner & in t Veld, Jan & Ratto, Marco & Vogel, Lukas, 2014. "What drives the German current account? And how does it affect other EU member states?," CEPR Discussion Papers 9933, C.E.P.R. Discussion Papers.
- Robert Kollmann & Marco Ratto & Werner Roeger & Jan in’t Veld & Lukas Vogel, 2014. "What drives the German current account? And how does it affect other EU member states?," CAMA Working Papers 2014-35, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
- Robert Kollmann & Marco Ratto & Werner Roeger & Jan in’t Veld & Lukas Vogel, 2014. "What drives the German current account? And how does it affect other EU member states?," European Economy - Economic Papers 2008 - 2015 516, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
- Robert Kollmann & Marco Ratto & Werner Roeger & Jan in't Veld & Lukas Vogel, 2015. "What drives the German current account? And how does it affect other EU member states?," ULB Institutional Repository 2013/259411, ULB -- Universite Libre de Bruxelles.
- Gabriel Porcile & Diego Sanchez-Ancochea, 2021.
"Institutional change and political conflict in a structuralist model [Paths to inclusive institutions],"
Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 45(6), pages 1269-1296.
- Porcile, Gabriel & Sánchez-Ancochea, Diego, 2020. "Institutional change and political conflict in a structuralist model," Desarrollo Productivo 45733, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL).
- Kapeller, Jakob & Gräbner, Claudius & Heimberger, Philipp, 2019.
"Economic polarisation in Europe: Causes and policy options,"
ifso working paper series
5, University of Duisburg-Essen, Institute for Socioeconomics (ifso).
- Jakob Kapeller & Claudius Graebner & Philipp Heimberger, 2019. "Economic Polarisation in Europe: Causes and Policy Options," ICAE Working Papers 99, Johannes Kepler University, Institute for Comprehensive Analysis of the Economy.
- Porcile, Gabriel & Sartorello Spinola, Danilo & Yajima, Giuliano, 2020. "Patterns of growth in structuralist models: The role of the real exchange rate and industrial policy," MERIT Working Papers 2020-027, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Sascha Keil, 2021. "The Challenging Estimation Of Trade Elasticities:Tackling The Inconclusive Eurozone Evidence," Chemnitz Economic Papers 042, Department of Economics, Chemnitz University of Technology, revised May 2021.
More about this item
Keywords
balance of payments; global imbalances; real exchange rates; competitiveness; European Monetary Union;All these keywords.
JEL classification:
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
- E6 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook
- F14 - International Economics - - Trade - - - Empirical Studies of Trade
- F15 - International Economics - - Trade - - - Economic Integration
- F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
- F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
- F45 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Macroeconomic Issues of Monetary Unions
NEP fields
This paper has been announced in the following NEP Reports:- NEP-EEC-2018-10-01 (European Economics)
- NEP-INT-2018-10-01 (International Trade)
- NEP-MAC-2018-10-01 (Macroeconomics)
- NEP-OPM-2018-10-01 (Open Economy Macroeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:imk:fmmpap:32-2018. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sabine Nemitz (email available below). General contact details of provider: https://edirc.repec.org/data/fmbocde.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.