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Germany's economic unification : an assessment after ten years

Sinn, Hans-Werner - 2000

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real incomes in the east have now reached the western level, and investment per capita has been much higher than in the w est. However, every third deutschmark spent in the east has been...

Persistent link: https://www.econbiz.de/10009781521

Lohnpolitik im Spannungsfeld außenwirtschaftlicher Ungleichgewichte und volatiler Konjunktur

Lesch, Hagen - In: IW-Trends : Vierteljahresschrift zur empirischen … 39 (2012) 1, pp. 55-69

Seit Mitte der 1990er Jahre verfolgen die Tarifparteien in Deutschland überwiegend eine moderate Lohnpolitik. Diese hat … die Lohnpolitik im Zusammenspiel mit den Arbeitsmarktreformen der Jahre 2003 bis 2005 den Beschäftigungsaufbau der letzten … Produktivitätszuwachs aus. Eine expansive Lohnpolitik zum Abbau außenwirtschaftlicher Ungleichgewichte würde die Investitionsbereitschaft …

Persistent link: https://www.econbiz.de/10009542383

Germany's Economic Unification an Assessment after Ten Years

Sinn, Hans-Werner - 2021

A political miracle occurred when Germany was reunited, and at first glance an economic miracle has followed. Real incomes in the east have now reached the western level, and investment per capita has been much higher than in the west. However, every third deutschmark spent in the east has been...

Persistent link: https://www.econbiz.de/10013321068

The Unexpected Long-Run Impact of the Minimum Wage : An Educational Cascade

Sutch, Richard - 2010

Neglected, but significant, the long-run consequence of the minimum wage - which was made national policy in the United States in 1938 - is its stimulation of capital deepening. This took two forms. First, the engineered shortage of low-skill, low-paying jobs induced teenagers to invest in...

Persistent link: https://www.econbiz.de/10012462301

Rent-sharing, Holdup, and Wages : Evidence from Matched Panel Data

Card, David - 2010

When wage contracts are relatively short-lived, rent sharing may reduce the incentives for investment since some of the returns to sunk capital are captured by workers. In this paper we use a matched worker-firm data set from the Veneto region of Italy that combines Social Security earnings...

Persistent link: https://www.econbiz.de/10012462464