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dc.contributor.authorBeblo, Miriamen_US
dc.contributor.authorCollier, Irwin L.en_US
dc.contributor.authorKnaus, Thomasen_US
dc.coverage.temporal1991-1998en_US
dc.date.accessioned2009-02-16T14:56:18Z-
dc.date.available2009-02-16T14:56:18Z-
dc.date.issued2001en_US
dc.identifier.urihttp://hdl.handle.net/10419/24450-
dc.description.abstractThis 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.en_US
dc.language.isoengen_US
dc.publisherZentrum für Europäische Wirtschaftsforschung (ZEW) Mannheimen_US
dc.relation.ispartofseriesZEW Discussion Papers 01-29en_US
dc.subject.jelD3en_US
dc.subject.jelD1en_US
dc.subject.jelP2en_US
dc.subject.ddc330en_US
dc.subject.keywordReal income comparisonen_US
dc.subject.keywordincome distribution and mobilityen_US
dc.subject.keywordeconomies in transitionen_US
dc.subject.stwKaufkraften_US
dc.subject.stwLebensstandarden_US
dc.subject.stwEinkommensverteilungen_US
dc.subject.stwSystemvergleichen_US
dc.subject.stwNeue Bundesländeren_US
dc.subject.stwDDRen_US
dc.subject.stwNationale Einheiten_US
dc.subject.stwLebensstandarden_US
dc.subject.stwDeutschlanden_US
dc.titleThe unification bonus (malus) in postwall Eastern Germanyen_US
dc.typeWorking Paperen_US
dc.identifier.ppn330555952en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:zewdip:5384-
Appears in Collections:Publikationen von Forscherinnen und Forschern des ZEW
ZEW Discussion Papers

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