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Privatization and Deindustrialization in East Germany
Carlin, Wendy - C.E.P.R. Discussion Papers - 1993
The transition in East Germany has been characterized by an extremely rapid privatization of state-owned enterprises …-unification level. This paper argues that the government imposed an inconsistent policy toward employment on the privatization agency …, the Treuhand. Although required to take account of the shadow price of labour in the privatization negotiations (where …
Persistent link: https://www.econbiz.de/10005123788
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Factor Price Distortions and Public Subsidies in East Germany
Sinn, Hans-Werner - C.E.P.R. Discussion Papers - 1995
Economic development in East Germany is not uniform. The building and construction industry is booming but manufacturing industry is stagnating. The paper argues that severe distortions in relative factor prices are the cause of the dichotomous development. These distortions result from...
Persistent link: https://www.econbiz.de/10005791945
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An Exercise in Futility: East German Economic Growth and Decline, 1945-89
Ritschl, Albrecht - C.E.P.R. Discussion Papers - 1994
This paper assembles and reviews data on growth performance for East Germany. Conclusions are only tentative, as data reliability is still poor. Examining factor growth and total factor productivity performance, the paper arrives at three main conclusions. First, large-scale dismantling of...
Persistent link: https://www.econbiz.de/10005792463
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Revenue-sharing Subsidies as Employment Policy: Reducing the Cost of Stimulating East German Employment
Snower, Dennis J. - C.E.P.R. Discussion Papers - 1993
This paper provides a brief overview of the East German employment problem and presents a simple model in which to evaluate two rival policy proposals: wage subsidies and revenue-sharing subsidies. Revenue-sharing subsidies have received little, if any, attention in the ongoing public debate on...
Persistent link: https://www.econbiz.de/10005124179
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East Germany: The Economics of Kinship
von Hagen, Jürgen - C.E.P.R. Discussion Papers - 1995
the main elements of German union: monetary union, fiscal union, legal and administrative union, and rapid privatization …
Persistent link: https://www.econbiz.de/10005114416
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A Tear in the Iron Curtain: The Impact of Western Television on Consumption Behavior
Bursztyn, Leonardo; Cantoni, Davide - C.E.P.R. Discussion Papers - 2012
This paper examines the impact of exposure to foreign media on the economic behavior of agents in a totalitarian regime. We study private consumption choices focusing on former East Germany, where differential access to Western television was determined by geographic features. Using data...
Persistent link: https://www.econbiz.de/10011084275
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Trade Liberalization and Enterprise Restructuring in Bulgaria, 1992-4
Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1995
This paper empirically tests the link between trade openness and enterprise restructuring in Bulgaria. It belongs to a recent line of work in the empirical trade literature that investigates the effects of trade policy on firm behaviour. The trade liberalization following the 1991 economic...
Persistent link: https://www.econbiz.de/10005662077
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Catching Up With Eastern Europe? The European Union's Mediterranean Free Trade Initiative
Djankov, Simeon; Hoekman, Bernard - C.E.P.R. Discussion Papers - 1995
This paper discusses the potential role of a Euro-Mediterranean Agreement (EMA) in helping Middle East and North African governments implement structural economic reforms. The arguments for and against preferential liberalization are summarized, identifying a number of necessary conditions for...
Persistent link: https://www.econbiz.de/10005136673
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Macroeconomic Adjustment Under Bretton Woods and the Post-Bretton-Woods Float: An Impulse-Response Analysis
Bayoumi, Tamim; Eichengreen, Barry - C.E.P.R. Discussion Papers - 1992
We use time-series methods to estimate a simple aggregate supply and demand model in order to analyse the comparative performance of fixed and flexible exchange rate systems and test competing hypotheses designed to explain shifts between exchange rate regimes. The paper provides a coherent...
Persistent link: https://www.econbiz.de/10005136700
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Regulation, Privatization, and Airport Charges: Panel Data Evidence from European Airports
Bilotkach, Volodymyr; Clougherty, Joseph A.; Mueller, … - C.E.P.R. Discussion Papers - 2011
privatization on airport charges in a panel data setting where fixed effects can be employed to mitigate endogeneity concerns. Our …
Persistent link: https://www.econbiz.de/10009351519