1. ZEW Discussion Paper No. 00-55 // 2000

    The British Foreign Exchange Reserves Puzzle

    The British foreign exchange reserves decreased by 40 percent during the period August 1996-December 1999 although the Pound Sterling is considered a floating exchange rate since it left the EMS in 1992. Since…

  2. ZEW Discussion Paper No. 00-48 // 2000

    Gender Wage Differences in West Germany: A Cohort Analysis

    A comprehensive descriptive analysis of gender wage di erences over a long time period is missing for West Germany. Using an empirical approach which takes into account explicitely changes of wage distributions…