1961-1995. More detailed evidence is also presented for Germany, Japan and the United Kingdom. …

business investment. To promote economic convergence of Eastern and Western Germany after reunification, bonus depreciation tax … incentives were granted for investments in Eastern Germany before 1999. Using business establishments in Western Germany as … control group, we address the question if and to what extent these investment tax incentives boosted investment. In line with …

the fertility and marital behavior in Germany, until recently a lowest-low fertility setting. We find that exposure to …

types of investment. We conclude that the higher environmental investments in establishments with councils are largely …

west Germany. Excessively high wages coupled with investment incentives that made the cost of capital negative rank high …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 …