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This paper attempts to evaluate the impact of current and future immigration flows on major macroeconomic variables of the West German economy. The analysis is based on a macroeconometric disequilibrium model for the West German economy. This model is extended until 1995 and used for several...
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line with intuition. West Germany benefitted from unification by experiencing higher output and employment and so did major …
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The study provides evidence for the rationale of wage rigidity in Germany compared to the United States. Based on a … methods, for example, and find strong support for explanations based on labor union contracts and implicit wages for Germany …
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