The Role of Economic Fluctuations on Health: Evidence from German Reunification

2015 ◽  
Author(s):  
Otto Lenhart
2014 ◽  
Vol 52 (4) ◽  
pp. 993-1074 ◽  
Author(s):  
Paul Beaudry ◽  
Franck Portier

There is a widespread belief that changes in expectations may be an important independent driver of economic fluctuations. The news view of business cycles offers a formalization of this perspective. In this paper we discuss mechanisms by which changes in agents' information, due to the arrival of news, can cause business cycle fluctuations driven by expectational change, and we review the empirical evidence aimed at evaluating their relevance. In particular, we highlight how the literature on news and business cycles offers a coherent way of thinking about aggregate fluctuations, while at the same time we emphasize the many challenges that must be addressed before a proper assessment of the role of news in business cycles can be established. (JEL D83, D84, E13, E32, O33)


2017 ◽  
Vol 35 (1) ◽  
pp. 42-62 ◽  
Author(s):  

How can we understand German-Russian relations since German reunification? Both the geopolitical positions of the two states and the political and economic ties between them have been transformed over the past twentyfive years. This paper will argue, however, that the role of the two countries’ leaders in shaping these relations has been surprisingly important. Building on the tradition of “first image” analysis in international relations, this paper shows that, along with larger political and economic trends, personal relations between these leaders have helped to set the tenor of bilateral ties. When the leaders were able to build trust and personal friendships, relations improved. Yet more recently, since 2012, relations have soured sharply. While there are obviously larger reasons for this, more negative personal ties between leaders have also played an important role. In short, just as issues of trust and friendship matter in personal ties, they also matter in International Relations.


2022 ◽  
pp. 74-85

The invention of paper money created a major new problem: how to ensure its value. Historically, the most reliable means of preserving and stabilizing the value of paper currency has been for those issuing paper money to guarantee to convert their notes, on demand, into real assets, at a specified rate of exchange. The most common asset used for this has been gold, which has been effective in preserving the value of currency over a century or more, but this has not prevented serious economic fluctuations. Consequently, for more than a century, economists have argued that it would be more effective to make currency convertible on demand into a range of commodities. Unfortunately, efforts to devise a means of achieving this have not succeeded to date.


2012 ◽  
Vol 41 (1) ◽  
pp. 30-45
Author(s):  
Angelos T. Vouldis ◽  
Panayotis G. Michaelides ◽  
John G. Milios

2018 ◽  
Vol 30 (3-2018) ◽  
pp. 247-268
Author(s):  
Michaela Kreyenfeld ◽  
Anja Vatterrott

This paper uses rich administrative data from the Deutsche Rentenversicherung (German Pension Fund) to describe changes in the timing and the spacing of births that occurred in the period following German reunification. We examine differences in the birth dynamics of East Germans, West Germans, and women who migrated between the two parts of Germany in these years. As the pension registers provide monthly records on whether a person is living in East or West Germany, they also allow us to examine the role of regional mobility in birth behaviour. In particular, we test the “salmon hypothesis”, which suggests that migrants are likely to postpone having a child until after or around the time they return to their region of origin. Our investigation shows that a large fraction of the cohorts born in 1965-74 migrated to West Germany after reunification, but that around 50% of these migrants returned to East Germany before reaching age 40. The first birth risks of those who returned were elevated, which suggests that the salmon hypothesis explains the behaviour of a significant fraction of the East German population in the period following German reunification.


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