How theory- and evidence-based are political and economic decisions before the backdrop of disruptive technologies and global crises? The contributions collected here examine this question for the areas of health policy, tax policy, antitrust law, commercial law, and corporate accounting before...

In this paper we contextualize Carl Menger's work in relation to the transformations of German political economy from the 1860s to the 1890s. We demonstrate that his Grundsätze ( 49 ) was a culmination of the German subjectivist tradition which had started in the early nineteenth century....

Im Koalitionsvertrag der Bundesregierung ist festgehalten, dass die Details der Schuldenbremse und vor allem die Regeln zur Bestimmung des Produktionspotenzials überprüft werden sollen. Insbesondere die Methodik zur Berechnung der konjunkturellen Defi zite wird diskutiert, da diese...

Statistically significant results are more rewarded than insignificant ones, so researchers have the incentive to pursue statistical significance. Such p-hacking reduces the informativeness of hypothesis tests by making significant results much more common than they are supposed to be in the...

The optimisation of the cyclical adjustment procedure under the German debt brake should focus on how to contribute to a democratically legitimate and sustainable fiscal policy. In this article, we discuss four criteria that should be satisfied: The method must (i) be sufficiently determined,...

The COVID-19 pandemic brought unprecedented policy responses and a large literature evaluating their impacts. This paper re-examines this literature and investigates the role of researchers' degrees-of-flexibility on the estimated effects of mobility-reducing policies on social-distancing...