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http://dspace.mediu.edu.my:8181/xmlui/handle/10419/17724| Title: | Minimum Wages and Employment: The Case of German Unification |
| Keywords: | P23 E24 ddc:330 Minimum Wages Employment German Unification Lohnniveau Mindestlohn Kleines-offenes-Land Handelbares Gut Nicht-handelbares Gut Lohnverhandlungen Beschäftigungseffekt Schätzung Neue Bundesländer |
| Issue Date: | 16-Oct-2013 |
| Publisher: | Kiel Institute for the World Economy (IfW) Kiel |
| 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. |
| URI: | http://koha.mediu.edu.my:8181/xmlui/handle/10419/17724 |
| Other Identifiers: | http://hdl.handle.net/10419/17724 ppn:329919296 |
| Appears in Collections: | EconStor |
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