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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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-level dataset to study this redistribution in East Germany where the entire state-owned economy was either privatized or liquidated …
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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 …
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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
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 …
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centralized to a market economy and the estimation of plausible counterfactual income streams. Our central result is that 19 …
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