The Federal Ministry proposes a new basic exemption for income tax purpuses. In the article it is shown that the interplay of this exemption with the so-called exemption with progression implies marginal tax rates beyond one hundred percent.

The article concerns new tax rules for home offices.

This investigation draws on detailed, longitudinal sample survey data to examine declining fertility in East Germany. Since the unification of Germany in 1990, the fertility rate in East Germany has been halved-falling well below that of West Germany, which was already among the lowest in the...

The article analyses the incentive effects of the German system of intergovernmental grants.

The paper analyzes the possible efficiency base of intergovernmental grants between rich and poor regions in a federal state.

The article analyzes the welfare impact of Germany's tenant protection law. It shows why tenants do not demand protection in a market equilibrium, notwithstanding that moving expenses may be considerable. Under this assumption, tenant protection enforced by the law makes tenants worse off in the...

The authors outline a public pension reform where contribution rates are reduced to zero over a very long horizon and in a Pareto-improving fashion.

The article reminds of two seminal contributions by Fritz Walter Meyer and Paul Anthony Samuelson who showed that Hume's price specie flow is logically incorrect.

The article demonstrates that it is possible to convert a pay-as-you-go pension scheme into a capital reserve pension scheme in a Pareto-improving fashion and in finite time.

Using two examples we have shown that large fluctuations in real exchange rates cannot normally be attributed to "overshooting" in the Dornbusch sense. We proposed to use the interest differential between to countries as a direct and reliable measure of the extend of overshooting. Observing that...