Full metadata record
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Jüßen, Falko | - |
dc.date.accessioned | 2006-11-10T07:45:28Z | - |
dc.date.available | 2006-11-10T07:45:28Z | - |
dc.date.issued | 2006-11-10T07:45:28Z | - |
dc.identifier.other | JEL classification: E63, O47, R11, H23 | - |
dc.identifier.uri | http://hdl.handle.net/2003/23075 | - |
dc.identifier.uri | http://dx.doi.org/10.17877/DE290R-8025 | - |
dc.description.abstract | This paper provides empirical evidence of interregional risk sharing in reunified Germany. The focus is on two related questions: First, to what extent do private institutions and the public sector provide insurance against asymmetric shocks to individual regions? Second, to what extent does the public sector reduce long-term differences between regions? While the federal government channel is not found to have a stabilizing effect, private factor income flows provide almost complete insurance against short-term shocks. In sharp contrast, the fiscal transfer system achieves a substantial reduction of long-term disparities between regions. These results show that fiscal transfers in reunified Germany are mainly concerned with redistribution in favor of depressed regions rather than providing insurance against idiosyncratic shocks. | en |
dc.format.extent | 226714 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.language.iso | en | - |
dc.subject | Distribution dynamics | en |
dc.subject | Fiscal redistribution | en |
dc.subject | Interregional risk sharing | en |
dc.subject | Regional disparities | en |
dc.subject.ddc | 004 | - |
dc.title | Interregional risk sharing and fiscal redistribution in reunified Germany | en |
dc.type | Text | de |
dc.type.publicationtype | report | en |
dcterms.accessRights | open access | - |
Appears in Collections: | Sonderforschungsbereich (SFB) 475 |
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File | Description | Size | Format | |
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tr40-06.pdf | DNB | 221.4 kB | Adobe PDF | View/Open |
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