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The economic effects of German unification are first discussed in the context of a global saving/investment model. Next, simulations of MULTIMOD are presented, suggesting for the FRG an initial increase in long-term real interest rates equal to 3/4 of a percentage point, increased output, a...
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exploiting the reorganization of the school system in East Germany after reunification. Our identification strategy utilizes …
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postponed the adjustment in economic and financial circles. Since then, Germany reabsorbs the imbalances introduced and …
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exploiting the reorganization of the school system in East Germany after reunification. Our identification strategy utilizes …
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were among the forces that helped shape the social and economic transformation of East Germany. In the volume's volume …
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