-West productivity gap is associated with a less efficient labor allocation in former East Germany. Yet, we also demonstrate that the …

Rising interest rates will impact municipal budgets in Germany by increasing the cost of loans and making it more diffi … and fundamental challenges for the municipal fi nancial system in Germany- …

mechanisms for policy persistence. Several city mayors serving in democratic Weimar Germany were expelled by the Nazis in 1933 … East Germany and in former German cities in present-day Poland-places where political elites or most of the population …

. In this process, the poorly functioning socialist system of East Germany adopted the formal institutions and organization … of West Germany, a western-style market economy. We investigate the effect of this integration on patenting activity by …, the gap between East and West Germany widened considerably over time. This divergence in innovation activity suggests that …

The article treats the history of Germany’s Great Inflation from 1914 to 1923. It focusses on explaining the turning …

Germany’s hyperinflation resulted from a confluence of several factors, all of which contributed to a temporary …