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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/10011443447
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/10011443482
Germany following German Unification. Using a unique large-scale German administrative data set, we measure individuals …
Persistent link: https://www.econbiz.de/10011444777
This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical...
Persistent link: https://www.econbiz.de/10011446171
This paper investigates the role intangible capital plays for economic growth in different sectors in Germany. It … Germany. In nearly all sectors investments in design and computerized information are larger in the UK. In contrast, German …
Persistent link: https://www.econbiz.de/10010385066
. Steuereinnahmen reagieren sensitiv auf Wirtschaftswachstum und konjunkturelle Schwankungen. Damit stellt sich zunächst die Frage, bis …
Persistent link: https://www.econbiz.de/10008665402
Outsourcing is widely associated with accompanied job losses in the outsourcing firm, at least in the short run. However, the medium and long run effects of outsourcing on employment growth might still be positive. This paper particularly focuses on IT outsourcing and its medium-term effects on...
Persistent link: https://www.econbiz.de/10008901687
Persistent link: https://www.econbiz.de/10001735366
Persistent link: https://www.econbiz.de/10001651402
We contribute to the literature on the long-run effect of fiscal consolidation on economic growth by applying a novel method for quantitative case studies. Relying on a qualitative (narrative) definition of fiscal consolidations based on an examination of historical policy documents and using...
Persistent link: https://www.econbiz.de/10011490895