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Minimum Wages and Employment: The Case of German Unification

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dc.creator Heitger, Bernhard
dc.date 2001
dc.date.accessioned 2013-10-16T06:56:30Z
dc.date.available 2013-10-16T06:56:30Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/17724
dc.identifier ppn:329919296
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/17724
dc.description Analysis in terms of the two-sector open economy shows that in bringing the market economy to East Germany, West Germany seems to have disregarded important fundamentals. Premature formation of a currency union led to a substantial real appreciation of the East German currency. Premature implementation of the West German system of wage bargaining resulted in inappropriate minimum wage schedules. Both measures made East German production possibilities and employment decline.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kieler Arbeitspapiere 1045
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject P23
dc.subject E24
dc.subject ddc:330
dc.subject Minimum Wages
dc.subject Employment
dc.subject German Unification
dc.subject Lohnniveau
dc.subject Mindestlohn
dc.subject Kleines-offenes-Land
dc.subject Handelbares Gut
dc.subject Nicht-handelbares Gut
dc.subject Lohnverhandlungen
dc.subject Beschäftigungseffekt
dc.subject Schätzung
dc.subject Neue Bundesländer
dc.title Minimum Wages and Employment: The Case of German Unification
dc.type doc-type:workingPaper
dc.coverage 1991-1994


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