German Reunification, Profit and Growth

  • Luigi Paganetto
  • Pasquale L. Scandizzo
Part of the Central Issues in Contemporary Economic Theory and Policy book series (CICETP)


The present international situation is characterized by a mild and long recession in a rather atypical economic cycle. After a long period of expansion, the duration of which has exceeded by about one year the corresponding period of the three preceeding cycles since 1970, first the UK and France, then the USA and gradually the other countries have entered the recessionary stage.


Interest Rate Share Price Profit Share Profit Rate Current Account Surplus 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.


  1. Various Authors, «Altschudden Ost – Eine Schwere Last», Informations Dienst des Instituts der Deutschen Wirtschaft, vol. 17, n. 39, 1991, pp. 6-7. Google Scholar
  2. «Die Kleinen Kommen», Informations Dienst des Instituts der Deutschen Wirtschaft, vol. 17, n. 19, 1991, pp. 4-5.Google Scholar
  3. Bethkenhagen J., «The Privatization and Structural Change in the Economic Transformation of Eastern Germany», paper presented at the 8th German-Korean Conference on Consequences of German Unification and its mplications for a Divided Korea, Seoul, 1991. Google Scholar
  4. Fitoussi J.P. – Phelps E.S., The Slump in Europe, Oxford, Blackwell, 1988. Google Scholar
  5. Gau J., «How Well Does the IS-LM Model Fit the Post-War U.S. Data?», Quarterly Journal of Economics, vol. 107, n. 2, May 1992, pp. 709-38. Google Scholar
  6. Goodwin R., «Innovations and Irregularity of Economic Cycles», Review of Economics and Statistics, May 1946. Google Scholar
  7. Ichimura S., «Towards a General Macrodinamic non Linear Theory of Economic Fluctuations», in Kurihara, K.K. (ed.), Post Keynesian Economics, New Brunowich (NJ), Rutgers University Press, 1954. Google Scholar
  8. Kaldor N., «A Model of the Trade Cycle», Economic Journal, March 1940. Google Scholar
  9. «A Model of Economic Growth», Economic Journal, n. 68, December 1957, pp. 591-624.Google Scholar
  10. «Capital Accumulation and Economic Growth» in Lutz F.A. – Hague D.C. (eds.) The Theory of Capital, International Economic Association Conference, London, MacMillan, New York, St. Martin ’ s, 1961.Google Scholar
  11. Kalecki M. Essays in the Theory of Economic Fluctuations, New York, Russel and Russel, 1939.Google Scholar
  12. Keynes J.M., The General Theory of Employment, Interest and Money, London, MacMillan.Google Scholar
  13. King R.G., «Will the New Keynesian Macroeconomics Resurrect the IS-LM Model?», The Journal of Economic Perspectives, n. 1, Winter 1993, pp. 67-82.Google Scholar
  14. Paganetto L. – Scandizzo P.L., «Quality, International Trade and Endogenous Growth», Rivista di Politim Economica, n. 11, November 1992, pp. 155-76.Google Scholar
  15. Romer D., «The New Keynesian Synthesis», Journal of Economic Perspectives, vol. 7, n. 1, Winter 1993, pp. 5-22.Google Scholar
  16. Stigutz J.E., «Comments: Some Retrospective Views on Growth Theory», in Diamond P. (ed.), Growth, Productivity Unemployment, Cambridge (Mass), London, MIT Press, 1990.Google Scholar
  17. Tobin J., « Price Flexibility and Output Stability: An Old Keynesian View», The Journal of Economic Perspectives, vol. 7, n. 1, Winter 1933, pp. 45-67.Google Scholar

Copyright information

© Servizio Italiano Pubblicazioni Internazionali Srl 1996

Authors and Affiliations

  • Luigi Paganetto
    • 1
  • Pasquale L. Scandizzo
    • 1
  1. 1.Universita “Tor Vergata”RomaItaly

Personalised recommendations