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Persistent link: https://www.econbiz.de/10010193620
postponed the adjustment in economic and financial circles. Since then, Germany reabsorbs the imbalances introduced and …
Persistent link: https://www.econbiz.de/10013085292
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...
Persistent link: https://www.econbiz.de/10013223325
We decompose the persistent satisfaction gap between East and West Germany into effects of objective circumstances and …
Persistent link: https://www.econbiz.de/10011999828
specific determinant, the educational system, to explain the heterogeneity in financial literacy scores across Germany. We … suggest that the lower financial literacy observed in East Germany is partially caused by a different institutional framework …
Persistent link: https://www.econbiz.de/10011881632
between East and West Germany declined at a speed not far from empirical estimates of the neoclassical growth model, yet … from those found within West Germany, and net migration has ceased. On this human metric, German unification has been an …
Persistent link: https://www.econbiz.de/10011738775
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...
Persistent link: https://www.econbiz.de/10012472989
Republic of Germany (FRG) and the German Democratic Republic (GDR) allows for taking into account two political regimes and … that in both parts of Germany women’s probability of having a first child is negatively correlated with both employment and …
Persistent link: https://www.econbiz.de/10014201041
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10011446171
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10013428413