Eastern Germany's recovery from the unification shockʺ has been characterized by deep structural change with apparent repercussions for the West as well and an integration process involving both capital deepening (extensive and intensive investment) and labor thinning (net out-migration). I...

Die Auswirkungen der Asien-Krise auf die wirtschaftliche Entwicklung der betroffenen Entwicklungs- und Schwellenländer haben in Teilen der Öffentlichkeit zu einer skeptischen Einschätzung der Wohlstandsgewinne einer "globalisierten Weltwirtschaft" geführt. Dieser Integrationspessimismus hat...

The paper argues that economic integration causes problems for the labor market of high-wage countries due to cross-border labor mobility and the accompanying increase in labor supply. Empirical evidence is provided from an analysis of regional labor market effects of German re-unification. In...