Overall economic production in East Germany grows slightly despite international cyclical weakness
Hans-Ulrich Brautzsch, Brigitte Loose, Udo Ludwig
Wirtschaft im Wandel,
No. 7,
2001
Abstract
The article deals with the economic development in East Germany up to the
year 2002. It is shown the strong influence of the capacity adjustments in construction
and state sectors on the economic growth. Moreover the article analyzes
in detail the chances and problems of the sectors “manufacturing“ and “construction“ with productivity and unit labor costs playing the central part in restoring their competetiveness.
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The Effect of Expected Effective Corporate Tax Rates on Incremental Financing Decisions
Reint E. Gropp
IMF Staff Papers,
No. 4,
1997
Abstract
This paper uses U.S. panel data to estimate the effect of expected effective corporate tax rates on the amount of debt issued by firms. The paper directly estimates expected corporate tax rates using rational expectations. The estimated measures of expected effective tax rates of firms are related to a continuous measure of incremental debt financing. The paper finds that expected effective tax rates are significantly and positively related to a higher level of debt financing. Simulations suggest that debt issues would double if firms were unable to shield profits and actually faced the statutory tax rate.
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Neighborhood Action as a Social Movement: Perspectives on Trends in the United States and West Germany
Peter Franz, Donald I. Warren
Comparative Political Studies,
1987
Abstract
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