NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

International Implications of German Unification

Hans-Werner Sinn

NBER Working Paper No. 5839
Issued in November 1996
NBER Program(s):   IFM

This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to the rest of the world which brought about devaluations of other European currencies. The paper identifies those European currencies which currently are undervalued.

download in pdf format
   (1266 K)

email paper

This paper is available as PDF (1266 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w5839

Published: The Economics of Globalization. Razin, A., and E. Sadka, eds., Cambridge: Cambridge University Press, 1999, pp. 33-58.

Users who downloaded this paper also downloaded these:
Sinn w3596 Macroeconomic Aspects of German Unification
Sinn w7586 Germany's Economic Unification: An Assessment after Ten Years
Krueger and Pischke w4154 A Comparative Analysis of East and West German Labor Markets: Before and After Unification
Krueger and Pischke A Comparative Analysis of East and West German Labor Markets: Before and After Unification
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us