This study discusses the challenges economic policy-makers in Europe have to cope with in order to ensure an economically prosperous and institutionally stable community of Member States of the European Union (EU). At the analytical level, we not only document a process of multi-dimensional...

This paper analyses economic developments in the Eurozone over the period 1999-2016 by developing a theoretical framework that traces divergent path developments across Eurozone countries to the times before the financial crisis. We argue that macroeconomic divergence between core and periphery...

Gegenstand dieser Studie ist eine Bestandsaufnahme des aktuellen Profils der Volkswirtschaftslehre im deutschsprachigen Raum (Österreich, Schweiz und Deutschland). Zu diesem Zweck wurde eine empirische Erhebung durchgeführt, um alle derzeit in den ausgewählten Ländern wirkenden...

This paper introduces a framework to facilitate an interdisciplinary analysis of 'competition'. While such an interdisciplinary analysis can be justified by referencing the various fields of social and economic life in which 'competition' is important, three challenges are found to aggravate...

Despite being a key term in institutional economics, the term 'institution' seems to be used in various different ways. To what extent is this problematic, given that a shared understanding of key terms among scholars is a necessary condition for scientific progress? We review prominent...

This paper discusses the actual relevance and historical origins or 'competition universalism'. In economics, competition is conceptualized as a nearly ubiquitous element of societies, or, at least, used to study a wide array of social and political relations, including competition between firms...

This paper discusses the actual relevance and historical origins or ‘competition universalism’. In economics, competition is conceptualized as a nearly ubiquitous element of societies, or, at least, used to study a wide array of social and political relations, including competition between...