Germany : Selected Issues.

This paper analyzes the macroeconomic impact of targeted labor market reforms aimed at boosting employment and labor productivity and the price responsiveness of German residential investment. Germany's population is getting older, and potential growth is set to decline. Demographic projections...

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書目詳細資料
企業作者: International Monetary Fund. European Dept
格式: 雜誌
語言:English
出版: Washington, D.C. : International Monetary Fund, 2016.
叢編:IMF Staff Country Reports; Country Report ; No. 2016/203
在線閱讀:Full text available on IMF
實物特徵
總結:This paper analyzes the macroeconomic impact of targeted labor market reforms aimed at boosting employment and labor productivity and the price responsiveness of German residential investment. Germany's population is getting older, and potential growth is set to decline. Demographic projections suggest that labor force will start declining around 2020, and will drop at an accelerating pace once immigration flows normalize. After years of stagnation, German housing prices and new residential rents have increased more steeply since 2009, especially in large cities. This paper provides econometric evidence that supply response to changes in housing prices has declined over the past several years and discusses how various housing policies can foster this response.
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實物描述:1 online resource (22 pages)
格式:Mode of access: Internet
ISSN:1934-7685
訪問:Electronic access restricted to authorized BRAC University faculty, staff and students