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We combine particular features of the German civil service with the unique event of German reunification to test the theory of precautionary savings and to quantify the importance of self-selection into occupations due to differences in risk aversion. In the presence of self-selection, failing...
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Up to the end of World War II, the political-economic framework had been relatively similar all over Germany. However … area in the West, but about 30 per cent in the East. Following the unconditional surrender of Germany in 1945 and its …Bis zum Ende des 2. Weltkriegs waren die politischen Rahmen in ganz Deutschland einheitlich. Allerdings gab es …
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