The unification bonus (malus) in postwall Eastern Germany / Miriam Beblo, Irwin L. Collier and Thomas Knaus
Contributor(s): Resource type: Ressourcentyp: BuchBookLanguage: English Series: Discussion paper ; 01-29 : Labour economics, human resources and social policyPublisher: Mannheim : ZEW, [2001]Description: 37 S. : graph. DarstSubject(s): Genre/Form: Additional physical formats: Erscheint auch als: The unification bonus (malus) in postwall Eastern Germany. Online-Ausgabe Mannheim : ZEW, 2001. 1 Online-Ressource (circa 41 Seiten)Summary: This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person's actual income and his or her counterfactual real income stream forecast for a hypothetical continuation of economic life in a static GDR. The two main issues tackled in this study are the construction of valid deflators for a comparison of real incomes during the transition from a centralized to a market economy and the estimation of plausible counterfactual income streams. Our central result is that 19 percent of East Germans received a present value malus and so can be regarded as unification losers but that the aggregate bonus is ten times the size of the aggregate malus of the sample.Call number: Grundsignatur: 2001 B 629PPN: PPN: 1161945318| Item type | Home library | Shelving location | Call number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Magazinbestand ausleihbar | Bibliothek Campus Süd | Geschlossenes Magazin | 2001 B 629 | Available | 44180270090 |
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