The unification bonus (malus) in postwall Eastern Germany


Beblo, Miriam ; Collier, Irwin L. ; Knaus, Thomas


[img]
Preview
PDF
dp0129.pdf - Published

Download (209kB)

URL: http://ub-madoc.bib.uni-mannheim.de/486
URN: urn:nbn:de:bsz:180-madoc-4866
Document Type: Working paper
Year of publication: 2001
The title of a journal, publication series: None
Publication language: German
Institution: Sonstige Einrichtungen > ZEW - Leibniz-Zentrum für Europäische Wirtschaftsforschung
MADOC publication series: Veröffentlichungen des ZEW (Leibniz-Zentrum für Europäische Wirtschaftsforschung) > ZEW Discussion Papers
Subject: 330 Economics
Classification: JEL: D3 D1 P2 ,
Subject headings (SWD): Deutschland <Östliche Länder> , Einkommensentwicklung , Bevölkerungsstruktur , Wirtschaft
Abstract: 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.
Additional information:




Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




Metadata export


Citation


+ Search Authors in

+ Download Statistics

Downloads per month over past year

View more statistics



You have found an error? Please let us know about your desired correction here: E-Mail


Actions (login required)

Show item Show item