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Unification fundamentally changed the terms of quantitative macroeconomic analysis for Germany. Two main areas … concerned are data availability for the eastern part of Germany and structural changes within the behavioural equations after … Germany. The challenge is to handle the structural break in the time series and the economic model by applying a SUR estimator …
Persistent link: https://www.econbiz.de/10013428286
The macroeconomic development in West Germany in the aftermath of unification was characterized by a boom period in … 1990/1991, a deep recession in 1992/1993 and a slow recovery since then. In East Germany, in contrast, unification induced … unification are reported. The estimates are based on a disequilibrium model formerly developed for West Germany and extended in …
Persistent link: https://www.econbiz.de/10013428281
first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany … in other countries leading to a feedback on Germany. The paper provides a short overview over the basic model. The …
Persistent link: https://www.econbiz.de/10013428333
The rising trends both in drug addiction and crime rates are of major public concern in Germany. Surprisingly, the … economic theory of crime seems to ignore the drugs-crime nexus, whereas the criminological literature considers illicit drug …
Persistent link: https://www.econbiz.de/10013428420