30 Jahre nach dem Mauerfall wurde keine volle Konvergenz der Wirtschaftsleistung und der Lebensverhältnisse zwischen Ost- und Westdeutschland erreicht. Das Papier zeigt die unvollständige Konvergenz bei Produktivität, Einkommen, Steueraufkommen und Vermögen auf. Es diskutiert mögliche...

Much of the literature on wage inequality describes increases in wage inequality over time driven by seemingly unstoppable forces of technological change and globalisation, widening the gaps between workers and disadvantaging the lower paid. At the same time institutional protection has...

The currency reform on 20 June 1948, together with a comprehensive liberalisation of prices and the implementation of monopoly control, formed the basis for the West German economic miracle. From then on, the market principles formulated by Walter Eucken und implemented by Ludwig Erhard became...

The authors show that estimated productivities of labor and capital, which rationalize trade flows across countries, are related to total factor productivities, which rationalize output differences across countries. They present evidence that these productivities from trade are related to the...