further thought in several areas of pre- and post unification aspects by deriving inspiration from Germany's historical … experience. The pre-unification phase and, specifically, the post-unification experience in Germany are of value to both Koreas …

When did Germany become economically integrated? Within the framework of a gravity model, based on a new data set of … about 40,000 observations on trade flows within and across the borders of Germany over the period 1885-1933, I explore the … internal fragmentation resulted from cultural heterogeneity, from administrative borders within Germany, and from geographical …

access shock due to reunification was accompanied by a labor supply shock due to migrants and commuters from eastern Germany … shock due to the increase in market access and a labor supply shock due to migrants and commuters from eastern Germany. …

The obsolete capital stock in eastern Germany has to be rebuilt. This will increase the capital demand in Germany for … Germany produces pressure for a higher longterm interest rate in Germany; this implies that the mark appreciates, which has …

This paper examines data on trade flows between West German Bundesländer (federal states) and East Germany to explore … a home bias of about factor 2.2; West German shipments to East Germany are about 120% larger than deliveries to an …

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 …