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Persistent link: https://www.econbiz.de/10001724862
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
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...
Persistent link: https://www.econbiz.de/10014396131
Collection of working documents drawn up for European Parliament's Temporary Committee to consider the impact of the process of German unification on the European Community. Series of working documents brought out by the Directorate General for Research of the European Parliament to assist the...
Persistent link: https://www.econbiz.de/10015320073
Supplement 4/90 to the Bulletin covers the extension of Community membership to the former Democratic Republic on the occasion of German reunification. Two communications from the Commission cover respectively its views on the implications for the Community of unification and of the German State...
Persistent link: https://www.econbiz.de/10015321397
While the DPRK (North Korea) is on its way ahead to reform the socialist based economic system, since a few years the Republic of Korea (South Korea) is integrating into East Asian economic structures like "ASEAN plus 3". In this way a possible reunification of Korea as well as a single...
Persistent link: https://www.econbiz.de/10009488027
The paper argues that economic integration causes problems for the labor market of high-wage countries due to cross-border labor mobility and the accompanying increase in labor supply. Empirical evidence is provided from an analysis of regional labor market effects of German re-unification. In...
Persistent link: https://www.econbiz.de/10011402446
Persistent link: https://www.econbiz.de/10011617289
Persistent link: https://www.econbiz.de/10011560226
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