The DM and the Ossi Consumer: Price Indexes During Transition

• 영문명: The DM and the Ossi Consumer: Price Indexes During Transition
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Irwin L. Collier
• 간행물 정보: 『Journal of Economic Integration』제27권 제2호, 245~273쪽, 전체 29쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2012.06.30

영문 초록

Family budget data for East and West Germany over the past decade are analyzed in the light of the convergence of relative price structures and the elimination of quantity constraints in the East during the process of eastern economic reconstruction. Exact cost-of-living indexes for generalized Cobb-Douglas preferences are calculated for the missing (index) link between the end of the old German Democratic Republic and the beginning of German economic unification. Exact deflators are provided for the period 1989 through 1998 for low to high income family budgets.

목차

Ⅰ. Introduction

Ⅱ. Data

Ⅲ. Specification of Household Preferences

Ⅳ. Estimation

Ⅴ. Stepping out of Sample

Ⅵ. Exact Deflators using Virtual Prices

Ⅶ. Conclusion

키워드

Transition Economies Price Index Consumer Budgets Virtual Prices Demand Systems East Germany