This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to...

This paper advances the hypothesis that the EMS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the U.S. resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative...

This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to...