The Unification Bonus (Malus) of East Germans After the Fall of the Berlin Wall

• 영문명: The Unification Bonus (Malus) of East Germans After the Fall of the Berlin Wall
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Miriam Beblo Irwin L. Collier Thomas Knaus
• 간행물 정보: 『Journal of Economic Integration』제27권 제2호, 222~244쪽, 전체 23쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2012.06.30

영문 초록

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. Our central result is that nineteen 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 over this period.

목차

Ⅰ. Back in the GDR: Eastern Incomes in Hindsight

Ⅱ. Static Counterfactual

Ⅲ. Evolution and Distribution of the Unification Bonus (Malus)

Ⅳ. Conclusion

키워드

Real Income Comparison Income Distribution and Mobility Economies in Transition