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Wage Equalization and Regional Misallocation : Evidence from Italian and German Provinces

Boeri, Tito - 2019

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...

Persistent link: https://www.econbiz.de/10012479565

Good bye Lenin (or not?) : The Effect of Communism on People's Preferences

Alesina, Alberto - 2005

Preferences for redistribution, as well as the generosities of welfare states, differ significantly across countries. In this paper, we test whether there exists a feedback process of the economic regime on individual preferences. We exploit the "experiment" of German separation and...

Persistent link: https://www.econbiz.de/10012466972

Germany's Economic Unification : An Assessment after Ten Years

Sinn, Hans-Werner - 2000

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real incomes in the east have now reached the western level, and investment per capita has been much higher than in the west. However, every third deutschmark spent in the east has been...

Persistent link: https://www.econbiz.de/10012471183

The Slow Decline of East Germany

Uhlig, Harald - 2008

Fifteen years after German reunification, the facts about slow regional convergence have born out the prediction of Barro (1991), except that migration out of East Germany has not slowed down. I document that in particular the 18-29 year old are leaving East Germany, and that the emigration has...

Persistent link: https://www.econbiz.de/10012464095

The Aggregate and Distributional Effects of Spatial Frictions

Heise, Sebastian; Porzio, Tommaso - National Bureau of Economic Research - 2021

We develop a general equilibrium model of frictional labor reallocation across firms and regions, and use it to quantify the aggregate and distributional effects of spatial frictions that hinder worker mobility across regions in Germany. The model leverages matched employer-employee data to...

Persistent link: https://www.econbiz.de/10012533341

The Economic Impact of Social Ties : Evidence from German Reunification

Burchardi, Konrad B. - 2011

We use the fall of the Berlin Wall in 1989 to show that personal relationships which individuals maintain for non-economic reasons can be an important determinant of regional economic growth. We show that West German households who have social ties to East Germany in 1989 experience a persistent...

Persistent link: https://www.econbiz.de/10012461472

Financial Literacy and Retirement Planning in Germany

Bucher-Koenen, Tabea - 2011

We examine financial literacy in Germany using data from the SAVE survey. We find that knowledge of basic financial concepts is lacking among women, the less educated, and those living in East Germany. In particular, those with low education and low income in East Germany have little financial...

Persistent link: https://www.econbiz.de/10012461547

Firm Sorting and Spatial Inequality

Lindenlaub, Ilse; Oh, Ryungha; Peters, Michael - National Bureau of Economic Research - 2022

We study the importance of firm sorting for spatial inequality. If productive locations are able to attract the most productive firms, then firm sorting acts as an amplifier of spatial inequality. We develop a novel model of spatial firm sorting, in which heterogeneous firms first choose a...

Persistent link: https://www.econbiz.de/10013462686

Experiences and Coping Strategies of College Students During the COVID-19 Pandemic

Logel, Christine; Oreopoulos, Philip; Petronijevic, Uros - National Bureau of Economic Research - 2021

An emerging literature documents the many challenges faced by college students during the COVID-19 pandemic. Little is … known, however, about how students responded to the adversity. Focusing on two large Canadian universities, we provide some … of the first evidence on the coping strategies students reported and the relationships between their endorsement of …

Persistent link: https://www.econbiz.de/10012533352

The Mid-Life Dip in Well-Being : Economists (Who Find It) Versus Psychologists (Who Don't)!

Blanchflower, David G. - 2020

A number of studies - including our own - find a mid-life dip in well-being. We review a psychology literature that claims that the evidence of a U-shape is "overblown" and if there is such a decline it is "trivial". We find remarkably strong and consistent evidence across countries and US...

Persistent link: https://www.econbiz.de/10012482068

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