The unification bonus (malus) in postwall Eastern Germany


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


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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
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.
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Das Dokument wird vom Publikationsserver der Universitätsbibliothek Mannheim bereitgestellt.




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Beblo, Miriam ; Collier, Irwin L. ; Knaus, Thomas (2001) The unification bonus (malus) in postwall Eastern Germany. Open Access [Working paper]
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