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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 w est. However, every third deutschmark spent in the east has been...

Persistent link: https://www.econbiz.de/10009781521

Seignorage wealth in the Eurosystem : eurowinners and eurolosers revisited

Sinn, Hans-Werner; Feist, Holger - 2000

The rules laid down in Article 32 of the Protocol No. 18 on the Statute of the European System of Central Banks and of the European Central Bank of the Maastricht Treaty will significantly redistribute European seignorage income and hence the implicit entitlement to the 352 billion stock of...

Persistent link: https://www.econbiz.de/10009781634

EU enlargement, migration, and lessons from German unification

Sinn, Hans-Werner - 1999

The paper studies the role of international implications after EU enlargement. Based on a formal model with migration costs for both capital and labor, it predicts a two-sided migration from the new to the old EU countries which is later reversed. As the migration pattern chosen by market forces...

Persistent link: https://www.econbiz.de/10009781677

Pension reform and demographic crisis : why a funded system is needed and why it is not needed

Sinn, Hans-Werner - 1999

Based on explicit present value calculations, the paper criticizes the view that the PAYGO system wastes economic resources. In present value terms, there is nothi ng to be gained from a transition to a funded system even though the latter offers a permanently higher rate of return. The sum of...

Persistent link: https://www.econbiz.de/10009781690

Basar-Ökonomie Deutschland - Exportweltmeister oder Schusslicht?

Sinn, Hans-Werner - In: Ifo Schnelldienst 58 (2005) 06, pp. 03-42

Deutschland ist angeblich Exportweltmeister und Schlußlicht beim europäischen Wachstum. Das Land kämpft mit einer …

Persistent link: https://www.econbiz.de/10005013404

Internationaler Vergleich der Arbeitskosten: Warum Deutschland keine starken Lohnerhöhungen verträgt

Sinn, Hans-Werner - In: Ifo Schnelldienst 60 (2007) 04, pp. 54-59

Laut den Zahlen des Statistischen Bundesamtes oder des Instituts der deutschen Wirtschaft hat Deutschland unter den … Lohnnebenkosten sind in Deutschland deutlich niedriger als im EU-Durchschnitt. Die hohen Lohnkosten in Deutschland werden auch nicht … durch die angeblich überlegene Produktivität der deutschen Wirtschaft erklärt. Deutschland hat im internationalen Vergleich …

Persistent link: https://www.econbiz.de/10005055978