This book considers the benefits of complexity, suggesting that economists should become a bit less certain in their policy conclusions. A broader range of models would include agent-based models, which use computational power to deal with specification of models that are far beyond analytic...

This is what we've all been waiting for - a book that demystifies the European community's monetary union. Unlike other books, this one provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. The most important case in...

This open access book provides answers to key open questions concerning competition policy in emerging economies, with a focus on South Eastern Europe. The contributions address two major issues. One is the design of competition policy and the national competition authorities that enforce it,...

Marktorientierte Gestaltung des Leistungsaustauschs am Arbeitsmarkt und die Relevanz des Employer Branding -- Theoretische Grundlagen -- Konzeptualisierung eines Gestaltungs- und Wirkungsmodells von Employer Branding -- Empirische Untersuchung zu Gestaltung und Wirkungen des Employer Branding --...

Claudia Lubk analyzes the transferal between the guiding principle of sustainability and the policy field of labor market policy. She discusses both separately to elaborate the most important aspects necessary to make the transition towards sustainable labor market policy. In addition, the...

This book is a revised and expanded edition of Colin Price's seminal original publication, providing a richly comprehensive and up-to-date coverage of landscape economics. Chapters address key issues like natural resources and environmental economics, while presenting a wide and integrative view...

Vera Stolz-Gerhardt untersucht die Notwendigkeit der Rettung systemrelevanter Banken und diskutiert darauf aufbauend die in der Finanzkrise 2007 - 2009 etablierten staatlich induzierten Bankenrettungsmaßnahmen (Bailouts). Sie zeigt auf, dass diese das systemische Risiko insgesamt erhöhen...

Lukas Heim evaluates the performance of a price-level targeting rule compared to that of a standard inflation targeting rule. The comparison is based on a medium-scale DSGE model which has been estimated based on state-of-the-art Bayesian methods. The model for the Swiss economy is an expanded...