The growth of the German economy intrinsically depends on the development of German exports to the euro area, which is by far the biggest market for German products. The paper estimates a structural equation for the export demand from the EMU member countries, which is suitable for both simulations and short-term forecasts. However, the equation systematically underestimates the export demand for data ...
Housing is a critical component of household well being and the extent to which minority households have achieved parity with Germans is a measure of the extent to which this population is integrated into the larger German society. Specifically we examine whether the housing conditions for immigrants2 has improved between 1985 and 1998 despite the greater barriers to upward mobility for low skill workers ...
Der Wohnungsbau in Deutschland befindet sich in einer Umbruchphase. Längerfristigen Prognosen zufolge wird die Bevölkerung nicht mehr zunehmen, und auch die Zahl der Privathaushalte wird nur noch wenig steigen. Das Wohnungsangebot muss sich also an sinkenden Bedarfszahlen orientieren. Vor diesem Hintergrund darf die seit einiger Zeit rückläufige Neubautätigkeit im Wohnungsbau nicht als Anlass zum Gegensteuern ...
This paper analyzes the process of power utility re-regulation in Eastern Europe and the CIS during the decade of systemic transformation (1990-1999); in particular, it explores reasons why early attempts to introduce competition-oriented reform models have not succeeded. We discuss advantages and disadvantages of various reform models from an institutional economic perspective. The approaches to and ...