International Implications of German Unification

This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to the rest of the world which brought about devaluations of other European currencies. The paper identifies those European currencies which currently are undervalued

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Year of publication:	[2021]
Authors:	Sinn, Hans-Werner
Publisher:	[S.l.] : SSRN
Subject:	Deutschland \| Germany \| Nationale Einheit \| National unity \| DDR \| German Democratic Republic \| Ostdeutschland \| East Germany

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Extent:	1 Online-Ressource (28 p)
Series:	NBER Working Paper ; No. w5839
Type of publication:	Book / Working Paper
Language:	English
Notes:	Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 1996 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10013223325