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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 …
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Since the negotiation of the Maastricht Treaty in December 1991 expectations on the new European currency could possibly influence European interest rates. The focus of this paper is both on the theoretical and empirical analysis of the link between European Monetary Union (EMU) and German...
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-level dataset to study this redistribution in East Germany where the entire state-owned economy was either privatized or liquidated …
Persistent link: https://www.econbiz.de/10012287966
their jobs, had changed their occupations and industries, and had moved to West Germany. We partially close the gap in the … data by linking the "Integrated Employment Biographies" - that start in 1992 for East Germany - with the GDR's "Data Fund …
Persistent link: https://www.econbiz.de/10011930765
East and West Germany were far from being randomly selected treatment and control groups. First, the later border is … occupying forces affected East and West differently. Third, a selective fifth of the population fled from East to West Germany …
Persistent link: https://www.econbiz.de/10012236840
German unifikation hit the West German economy in a prosperous and appeared as a huge demand shock at least for the … first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany …. For this purpose, a macroeconomic disequilibrium model for the German economy is extended by submodels for bilateral trade …
Persistent link: https://www.econbiz.de/10013428333