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Persistent link: https://www.econbiz.de/10003529211
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 unification. Our paper presents results from the estimation...
Persistent link: https://www.econbiz.de/10013428286
Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations with a macroeconometric model. A macroeconometric disequilibriummodel of the West German economy is used to analyze a reform proposal for the tax system. The model was estimated...
Persistent link: https://www.econbiz.de/10000654506
Gegenstand dieses Beitrags ist eine quantitativ orientierte Diskussion einiger Wirkungen einer Umstrukturierung des Steuersystems anhand der neuesten und wesentlich erweiterten Version des Konstanzer aggregierten Ungleichgewichtsmodells für die westdeutsche Volkswirtschaft für den Zeitraum von...
Persistent link: https://www.econbiz.de/10013428105
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 a breakdown of production and employment followed by a...
Persistent link: https://www.econbiz.de/10013428281
The goal of this paper is to evaluate the results of regional economic growth estimates at multiple spatial scales using spatial panel data models. The spatial scales examined are minimum comparable areas, micro-regions, meso-regions and states over the period between 1970 and 2000. Alternative...
Persistent link: https://www.econbiz.de/10012056555
This work calculates coefficients of spatial inequalities of wealth amongst Brazilian municipalities, for each year for the period from 1920 to 2016, states of the federation, from 1939 to 2017, and amongst municipalities from each of the five Brazilians' macro-regions, from 1920 to 2016. The...
Persistent link: https://www.econbiz.de/10014428797
In the paper we analyze the convergence process of the West German Laender from 1970 to 1995 using descriptive tools as well as panel estimation methods. Although there have been some winners in this process, the main finding is that convergence was insufficient in the sense that no gains have...
Persistent link: https://www.econbiz.de/10013428207
The standard New Keynesian model suffers from the so-called .macro-micro pricing conflict: in order to match the dynamics of inflation implied by macroeconomic data, the model needs to assume an average duration of price contracts which is much longer than what is observed in micro data. Here I...
Persistent link: https://www.econbiz.de/10003546364
Persistent link: https://www.econbiz.de/10009724922