Showing 1 - 10 of 81
Persistent link: https://www.econbiz.de/10011475662
Persistent link: https://www.econbiz.de/10000980199
Persistent link: https://www.econbiz.de/10000975153
Persistent link: https://www.econbiz.de/10000975181
Private wealth is a crucial factor for the economic well-being of households. Key determinants of private wealth include intergenerational wealth transfers (gifts and inheritances), which are gaining importance since 1990, as research suggests. We conduct a detailed investigation of the...
Persistent link: https://www.econbiz.de/10011440820
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743
This paper reconsiders the theoretical foundations of EU regional policy in economics. It begins with a discussion of … contrasted with a non-equilibrium economics perspective on EU regional policy. Based on this, the existence of market failures … and the relevance of equilibrium economics for a realistic understanding of and policy advice for EU regional policy are …
Persistent link: https://www.econbiz.de/10011487099
Several studies have analyzed the trade and output effects of the Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union, but our paper is the first attempt to study its welfare effects. We measure the welfare effect of TTIP as the percentage of...
Persistent link: https://www.econbiz.de/10011527321
Between 1999 and the onset of the economic crisis in 2008 real exchange rates in Greece, Ireland, Italy, Portugal and …
Persistent link: https://www.econbiz.de/10010221275
Persistent link: https://www.econbiz.de/10011475037