@techreport{Beblo2001unification,
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.},
address = {Mannheim},
author = {Miriam Beblo and Irwin L. Collier and Thomas Knaus},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {D3; D1; P2; 330; Real income comparison; income distribution and mobility; economies in transition; Kaufkraft; Lebensstandard; Einkommensverteilung; Systemvergleich; Neue Bundesl\"{a}nder; DDR; Nationale Einheit; Lebensstandard; Deutschland},
language = {eng},
number = {01-29},
publisher = {Zentrum f\"{u}r Europ\"{a}ische Wirtschaftsforschung (ZEW)},
title = {The unification bonus (malus) in postwall Eastern Germany},
type = {ZEW Discussion Papers},
url = {http://hdl.handle.net/10419/24450},
year = {2001}
}
