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International spillovers and employment in a disequilibrium macroeconomic model for Germany

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  • Franz, Wolfgang
  • Heidbrink, Gustav W.

Abstract

This paper gives a short overview of the unemployment problem in Germany during the last decade. In a disequilibrium macroeconomic framework there are strong linkages between spillovers of domestic demand on trade flows and labor demand. In the econometric part of the paper these linkages are estimated. For the determination of spillovers special emphasis is put on the trade flows between Germany and a group of four main EEC trading partners. It follows a discussion of employment and labor demand series for Germany and the group of EEC countries with some remarks on possible macroeconomic causes of the German unemployment problem.

Suggested Citation

  • Franz, Wolfgang & Heidbrink, Gustav W., 1992. "International spillovers and employment in a disequilibrium macroeconomic model for Germany," Discussion Papers, Series II 196, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    • Handle: RePEc:zbw:kondp2:196
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    References listed on IDEAS

    as
    1. Sneessens, H. & Dreze, J., 1985. "A discussion of Belgian unemployment, combining traditional concepts and disequilibrium econometrics," LIDAM Discussion Papers CORE 1985040, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    2. Mankiw, N Gregory, 1990. "A Quick Refresher Course in Macroeconomics," Journal of Economic Literature, American Economic Association, vol. 28(4), pages 1645-1660, December.
    3. Franz, Wolfgang & Heidbrink, Gustav W., 1991. "The importance of rationing in international trade: A theoretical and econometric analysis for the Federal Republic of Germany," Discussion Papers, Series II 165, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    4. repec:bla:econom:v:53:y:1986:i:210(s):p:s89-119 is not listed on IDEAS
    5. Baldwin, Richard, 1990. "Hysteresis in Trade," Empirical Economics, Springer, vol. 15(2), pages 127-142.
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