Teurer, teurer, wohnen in der Stadt -- Alles nur eine spekulative Blase? -- Viele neue Einwohner, kaum neue Wohnungen -- Weshalb so wenig gebaut wird -- Angebot und Nachfrage: 10 Maßnahmen, die den Markt in Schwung bringen -- Drei Irrwege der Wohnungspolitik -- Zurück aufs Land? --...

Abstract On 5. July 2002 State Secretary Dr. Alfred Tacke gave ministerial approval for the merger of E.ON and Ruhrgas. Previously both the German Cartel Office and the Monopoly Commission had voted against the fusion on the basis of feared restricted competition. According to paragraph 42 § of...

Abstract In this paper Bernd Raffelhüschen gives some insights into the political decision making process which changed the latest German pension reform from a fundamental step towards sustainability into a reform to be reformed. Nevertheless, he explains that the pension reform still bears a...

Abstract For decades, economists have been urging politicians to reform pension systems, but in many cases the proposals have been rejected by referring to unresolved distributional aspects. This dilemma can be avoided by using the concept of constitutional economics, which allows us to address...

Purpose – Because of globalisation and monetary integration the macroeconomic conditions for industrial countries have become more and more equal. This paper aims to discover whether the synchronisation of business cycles also affected the co‐movement of house prices in OECD countries for...

Due to demographic changes, housing markets in Germany differentiate notably. Frequently, shrinking and booming cities are located closely to each other, as in the cases of Wuppertal, Cologne and Dusseldorf. In order to enhance economic efficiency and prevent the demolition of buildings in some...