Economics, Econometrics and Finance
8 years ago

Germany's Economic Decline: Rising Unemployment and Inflation Threaten Stability.

Lecture notes in economics and mathematical systems
Alternative Theories of Output, Unemployment, and Inflation in Germany: 1960–1985
Christine Sauer

Paper Summary

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The article discusses different ideas about how the economy of Germany worked between 1960 and 1985. People started to doubt the traditional economic theories during this time because the country's output growth slowed down, unemployment went up, and inflation increased.