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I Introduction

I Introduction »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

The purposes of this Occasional Paper are twofold: first, to review economic and financial developments in Germany since its reunification nearly five years ago; and, second, to analyze some critical issues...

II External Competitiveness1

II External Competitiveness1 »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

This chapter assesses Germany’s external competitiveness through the summer of 1994. This issue is particularly interesting in light of the substantial real appreciation of the deutsche mark in recent years...

III Unemployment, Wages, and the Wage Structure

III Unemployment, Wages, and the Wage Structure »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

Unemployment is perhaps the most pressing economic problem in Germany. Measured unemployment reached a postwar high of about 4 million people in early 1994, or about 10 percent of the labor force. This figur...

IV Fiscal Policy and Economic Growth

IV Fiscal Policy and Economic Growth »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

Karl Habermeier with Steven Symansky 1 Following German unification, the ratios of public revenue to GDP and expenditure to GDP rose sharply (Table 4-1). Furthe...

United Germany
			: The First Five Years:  Performance and Policy Issues

United Germany : The First Five Years: Performance and Policy Issues »

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

DOI: http://dx.doi.org/10.5089/9781557754721.084

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

This papers reviews economic and financial developments in Germany since its reunification nearly five years ago; and analyzes some critical issues that have featured prominently in the policy debate over this peri...

Back Matter

Back Matter »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

This papers reviews economic and financial developments in Germany since its reunification nearly five years ago; and analyzes some critical issues that have featured prominently in the policy debate over this peri...

Front Matter

Front Matter »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

This papers reviews economic and financial developments in Germany since its reunification nearly five years ago; and analyzes some critical issues that have featured prominently in the policy debate over this peri...

V Indicators of Monetary Conditions

V Indicators of Monetary Conditions »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

The overshooting of the broad money target in recent years begs the question as to whether there is a serious risk of a pickup in inflation down the road. This chapter tries to shed some light on this issue...

VI Prospects for Self-Sustaining Growth in Eastern Germany

VI Prospects for Self-Sustaining Growth in Eastern Germany »

Source: United Germany : The First Five Years: Performance and Policy Issues

Series: Occasional Papers

Author(s): Karl Habermeier , Robert Corker , Robert Feldman , Tessa Van der Willigen , and H. Vittas

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 June 1995

ISBN: 9781557754721

Keywords: unemployment, wage, inflation, wages, employment

Considerable progress has been made in restructuring the economy of eastern Germany. The system of economic planning in existence at the time of economic and monetary union in mid-1990 has been replaced by a...