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Throughout the period 1871-1938, the average British worker was better off than the average German worker, but there were significant differences between major sectors. For the aggregate economy, the real wage gap was about the same as the labour productivity gap, but again there were important...
Persistent link: https://www.econbiz.de/10014206968
The Protestant Reformation, beginning in 1517, was a first-order economic shock. We document its effects on the sectoral allocation of economic activity in Germany using highly disaggregated data. During the Reformation, particularly in Protestant regions, large numbers of monasteries were...
Persistent link: https://www.econbiz.de/10012965641
The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs Hong Kong, Korea, Singapore and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered by...
Persistent link: https://www.econbiz.de/10011409015
The paper sets up a two-region endogenous growth model to discuss growth and regional convergence of unified Germany. It emphasises the role of private and public capital accumulation during the developing process. The theoretical part derives fiscal policy rules which establish convergence of...
Persistent link: https://www.econbiz.de/10013320947
Throughout the period 1871-1938, the average British worker was better off than the average German worker, but there were significant differences between major sectors. For the aggregate economy, the real wage gap was about the same as the labour productivity gap, but again there were important...
Persistent link: https://www.econbiz.de/10010266982
Persistent link: https://www.econbiz.de/10001780290
Persistent link: https://www.econbiz.de/10010224215
Persistent link: https://www.econbiz.de/10013543850
Die Untersuchungsperiode schließt den Zeitraum vom Beginn des 20. Jahrhunderts bis zu den 1960er Jahren ein, somit beide Weltkriege und die Depression der 1930er Jahre. Erstmals wird der Versuch unternommen, die Vorkriegs-, Zwischenkriegs- und Nachkriegsjahre durch konsistente Langzeitreihen...
Persistent link: https://www.econbiz.de/10014509913
Persistent link: https://www.econbiz.de/10009750150