IDEAS home Printed from https://ideas.repec.org/a/bin/bpeajo/v22y1991i1991-1p1-106.html
   My bibliography  Save this article

East Germany in from the Cold: The Economic Aftermath of Currency Union

Author

Listed:
  • George A. Akerlof

    (University of California, Berkeley)

  • Andrew K. Rose

    (University of California, Berkeley)

  • Janet L. Yellen

    (University of California, Berkeley)

  • Helga Hessenius

    (University of California, Berkeley)

Abstract

No abstract is available for this item.

Suggested Citation

  • George A. Akerlof & Andrew K. Rose & Janet L. Yellen & Helga Hessenius, 1991. "East Germany in from the Cold: The Economic Aftermath of Currency Union," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 1-106.
  • Handle: RePEc:bin:bpeajo:v:22:y:1991:i:1991-1:p:1-106
    as

    Download full text from publisher

    File URL: https://www.brookings.edu/wp-content/uploads/1991/01/1991a_bpea_akerlof_rose_yellen_hessenius_dornbusch_guitian.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Siebert, Horst & Schmieding, Holger & Nunnenkamp, Peter, 1991. "The transformation of a socialist economy: lessons of German unification," Kiel Working Papers 469, Kiel Institute for the World Economy (IfW Kiel).
    2. Eichengreen, Barry, 1990. "Is Europe an Optimum Currency Area?," Department of Economics, Working Paper Series qt40m5g6pp, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    3. Lilien, David M, 1982. "Sectoral Shifts and Cyclical Unemployment," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 777-793, August.
    4. Kurt Vogler-Ludwig, 1990. "Verdeckte Arbeitslosigkeit in der DDR," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 43(24), pages 03-10, October.
    5. Barry Eichengreen, 1992. "Is Europe an Optimum Currency Area?," Palgrave Macmillan Books, in: Silvio Borner & Herbert Grubel (ed.), The European Community after 1992, chapter 8, pages 138-161, Palgrave Macmillan.
    6. Stephen W. Salant, 1977. "Search Theory and Duration Data: A Theory of Sorts," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 91(1), pages 39-57.
    7. Hans-Werner Sinn, 1991. "Macroeconomic Aspects of German Unification," NBER Working Papers 3596, National Bureau of Economic Research, Inc.
    8. Schelling, Thomas C, 1969. "Models of Segregation," American Economic Review, American Economic Association, vol. 59(2), pages 488-493, May.
    9. International Monetary Fund, 1990. "Tax Policy Options for a United Germany," IMF Working Papers 1990/089, International Monetary Fund.
    10. Siebert, Horst, 1990. "The economic integration of Germany," Kiel Discussion Papers 160, Kiel Institute for the World Economy (IfW Kiel).
    11. International Monetary Fund, 1990. "German Unification; Economic Issues Occasional Paper No. 75," IMF Occasional Papers 1990/008, International Monetary Fund.
    12. Davis, Steven J, 1987. "Allocative Disturbances and Specific Capital in Real Business Cycle Theories," American Economic Review, American Economic Association, vol. 77(2), pages 326-332, May.
    13. Burda, Michael C, 1990. "The Consequences of German Economic and Monetary Union," CEPR Discussion Papers 449, C.E.P.R. Discussion Papers.
    14. Olivier Jean Blanchard & Rudiger Dornbusch & Richard Layard (ed.), 1986. "Restoring Europe's Prosperity: Macroeconomic Papers from the Centre for European Policy Studies," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262523949, April.
    15. Renate Filip-Köhn & Udo Ludwig, 1990. "Dimensionen eines Ausgleichs des Wirtschaftsgefälles zur DDR," Discussion Papers of DIW Berlin 3, DIW Berlin, German Institute for Economic Research.
    16. André Sapir & Daniel Begg & Alasdair Smith & Charles Wyplosz & Carl Hamilton & L. Alan Winters & Francesco Giavazzi & Victor Norman & Jean-Pierre Danthine & Damien Neven, 1990. "Monitoring European integration: the impact of Eastern Europe :a CEPR annual report," ULB Institutional Repository 2013/8224, ULB -- Universite Libre de Bruxelles.
    17. Michael C. Burda & Jeffrey D. Sachs, 1987. "Institutional Aspects of High Unemployment in the Federal Republic of Germany," NBER Working Papers 2241, National Bureau of Economic Research, Inc.
    18. George A. Akerlof, 1970. "The Market for "Lemons": Quality Uncertainty and the Market Mechanism," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 84(3), pages 488-500.
    19. Colin Lawrence & Robert Z. Lawrence, 1985. "Manufacturing Wage Dispersion: An End Game Interpretation," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 16(1), pages 47-116.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Franz, Wolfgang, 1991. "Im Jahr danach: Bestandsaufnahme und Analyse der Arbeitsmarktentwicklung in Ostdeutschland," Discussion Papers, Series II 159, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    2. Siebert, Horst, 1993. "The big bang with the big brother: German unification in its third year," Kiel Discussion Papers 211, Kiel Institute for the World Economy (IfW Kiel).
    3. Siebert, Horst, 1991. "German unification: the economics of transition," Kiel Working Papers 468a, Kiel Institute for the World Economy (IfW Kiel).
    4. Blum, Ulrich, 2011. "An Economic Life in Vain − Path Dependence and East Germany’s Pre- and Post-Unification Economic Stagnation," IWH Discussion Papers 10/2011, Halle Institute for Economic Research (IWH).
    5. Charles Wyplosz, 1991. "On the real exchange rate effect of German unification," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(1), pages 1-17, March.
    6. Siebert, Horst, 1992. "Real adjustment in the transformation process: Risk factors in East Germany," Open Access Publications from Kiel Institute for the World Economy 1915, Kiel Institute for the World Economy (IfW Kiel).
    7. Eichengreen, Barry, 1993. "A Marshall Plan for the East: Options for 1993," Center for International and Development Economics Research (CIDER) Working Papers 233185, University of California-Berkeley, Department of Economics.
    8. Esther Eiling & Raymond Kan & Ali Sharifkhani, 2018. "Sectoral Labor Reallocation and Return Predictability," Working Papers 2018-006, Human Capital and Economic Opportunity Working Group.
    9. Horst Feldmann, 1997. "Economic and political risks of European Monetary Union," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 32(3), pages 107-115, May.
    10. repec:zbw:bofrdp:1997_008 is not listed on IDEAS
    11. Giovanni Gallipoli & Gianluigi Pelloni, 2013. "Macroeconomic Effects of Job Reallocations: A Survey," Review of Economic Analysis, Digital Initiatives at the University of Waterloo Library, vol. 5(2), pages 127-176, December.
    12. Patrick Artus, 1992. "Passage à l'union économique et monétaire en Europe : effets sur la croissance et les politiques budgétaires," Économie et Prévision, Programme National Persée, vol. 106(5), pages 123-137.
    13. Jeffrey A. Frankel., 1992. "The Evolving Japanese Financial System, and the Cost of Capital," Center for International and Development Economics Research (CIDER) Working Papers C92-002, University of California at Berkeley.
    14. Paqué, Karl-Heinz, 1989. "Wage gaps, hysteresis and structural unemployment: The West German labour market in the seventies and eighties," Kiel Working Papers 358, Kiel Institute for the World Economy (IfW Kiel).
    15. D. О. Mikhalev & E. A. Sergeev, 2021. "The European Union and Italy relations in the context of supranational fscal regulation," RSUH/RGGU BULLETIN. Series Economics. Management. Law, Russian State University for the Humanities (RSUH), issue 3 ч. 2.
    16. Jean-Paul Fitoussi & Marc Flandreau, 1994. "Le Système monétaire international et l'Union monétaire européenne," Revue de l'OFCE, Programme National Persée, vol. 51(1), pages 167-181.
    17. Lars Jonung & Eoin Drea, 2010. "It Can't Happen, It's a Bad Idea, It Won't Last: U.S. Economists on the EMU and the Euro, 1989–2002," Econ Journal Watch, Econ Journal Watch, vol. 7(1), pages 1-4–52, January.
    18. Scharpf, Fritz W., 2011. "Monetary union, fiscal crisis and the preemption of democracy," MPIfG Discussion Paper 11/11, Max Planck Institute for the Study of Societies.
    19. König, Jörg, 2016. "Von der Währungs- zur Transferunion," Argumente zur Marktwirtschaft und Politik 132, Stiftung Marktwirtschaft / The Market Economy Foundation, Berlin.
    20. Casella, Alessandra, 1993. "Trade as an Engine of Political Change. A Parable," CEPR Discussion Papers 779, C.E.P.R. Discussion Papers.
    21. Engel, Charles, 2001. "Optimal Exchange Rate Policy: The Influence of Price Setting and Asset Markets," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 33(2), pages 518-541, May.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bin:bpeajo:v:22:y:1991:i:1991-1:p:1-106. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Haowen Chen (email available below). General contact details of provider: https://edirc.repec.org/data/esbrous.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.