Rüdiger Soltwedel (et al.): Regulierungen auf dem Arbeitsmarkt der Bundesrepublik. Kieler Studien (Band 233), Institut für Weltwirtschaft an der Universität Kiel, herausgegeben von Horst Siebert. Verlag J. C. B. Mohr, Tübingen 1990. 267 Seiten, 66 DM (broschiert), 89 DM (Leinen)

The Great War of 1914-18 constituted a major rupture for the economies of Europe in several respects. It marked the end of almost a century of uninterrupted economic growth. It ended a long period of near-universal currency stability, and set in motion a painful process of de-globalisation. It...

We evaluate explanations for why Germany grew so quickly in the 1950s. The recent literature has emphasized convergence, structural change and institutional shake-up while minimizing the importance of the post-war shock. We show that this shock and its consequences were more important than...