and firm-level productivity in Germany. In our preferred TFP estimates only a small fraction of this correlation is …

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real … west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …

Italy and Germany have similar geographical differences in productivity - North more productive than South in Italy …; West more productive than East in Germany - but have adopted different models of wage bargaining. Italy sets wages based on … nationwide contracts that allow for limited local wage adjustments, while Germany has moved toward a more flexible system that …

In this paper we first document inequality trends in wages, hours worked, earnings, consumption, and wealth for Germany … from the last twenty years. We generally find that inequality was relatively stable in West Germany until the German …

quantify the aggregate and distributional effects of spatial frictions that hinder worker mobility across regions in Germany … East and West Germany, especially due to the limited ability of workers to obtain job offers from more distant regions …. Despite the large real wage gap between East and West of Germany, removing the spatial frictions leads, in equilibrium, to …

explaining the relative East Germany-West Germany performance during the post-World War II era. We argue that previous work was … prospects of catching up with West Germany during the post-reunification era. We show, first, that the rates of technical change … account for the fact that East Germany was not the socialist showcase for which it was frequently taken before German …