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Monetary Unification of Germany : Some Implications

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Summary

Examines effects of unified German currency on East Germany's fiscal sovereignty, transition to market-based economy, and real wages, and on West Germany's costs associated with wealth transfer to ...

Examines effects of unified German currency on East Germany's fiscal sovereignty, transition to market-based economy, and real wages, and on West Germany's costs associated with wealth transfer to East Germany, and interest rates.

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