Arbeitspapier

(Since when) Are East and West German business cycles synchronised?

This paper analyses whether and since when East and West German business cycles are synchronised. We investigate real GDP, unemployment rates and survey data as business cycle indicators and employ several empirical methods. Overall, we find that the regional business cycles have synchronised over time. GDP-based indicators and survey data show a higher degree of synchronisation than the indicators based on unemployment rates. However, recently synchronisation among East and West German business cycles seems to become weaker, in line with international evidence.

Sprache
Englisch

Erschienen in
Series: IWH Discussion Papers ; No. 7/2019

Klassifikation
Wirtschaft
Multiple or Simultaneous Equation Models: Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes; State Space Models
Business Fluctuations; Cycles
Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
Thema
business cycles
synchronisation
East Germany

Ereignis
Geistige Schöpfung
(wer)
Gießler, Stefan
Heinisch, Katja
Holtemöller, Oliver
Ereignis
Veröffentlichung
(wer)
Leibniz-Institut für Wirtschaftsforschung Halle (IWH)
(wo)
Halle (Saale)
(wann)
2019

Handle
URN
urn:nbn:de:gbv:3:2-107509
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Gießler, Stefan
  • Heinisch, Katja
  • Holtemöller, Oliver
  • Leibniz-Institut für Wirtschaftsforschung Halle (IWH)

Entstanden

  • 2019

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