This study on productivity trends in Germany covers a broad discussion of measurement problems (both conceptually and empirically), an comprehensive comparison of productivity patterns between different countries (on the aggregate level as well as on...

The German current account surplus grew markedly over the last 15 years in relation to GDP, most recently reaching historically and internationally extraordinary levels. Apart from a large trade surplus, which has been the focus of numerous studies...

KBW 12: The trend decline of productivity growth in Germany is not due to a single cause but is the result of the interplay of multiple factors with time-varying relative importance.

KBW 16: The German current account surplus in relation to GDP has reached record high levels in historical and international comparison over the last years. From an accounting perspective, the trade and the primary income surpluses, and here net...