Die Verkehrsleistung nahm in den letzten Jahrzehnten stärker zu als das reale Bruttoinlandsprodukt. Gegenüber 1997 wird bis zum Jahr 2015 eine weitere Steigerung der Verkehrleistung auf der Straße von 50 und 79% prognostiziert. Eine Stärkung regionaler Wirtschaftskreisläufe wird als Mittel...

The purpose of this paper is to analyse whether fiscal policies can alleviate the effects of the zero lower bound (ZLB) on interest rates and if they should be coordinated internationally. The analysis is carried out using EAGLE, a DSGE model of the global economy. We consider that the fiscal...

Increasing signs seem to indicate that, in the areas of both politics and thought, the age of neoliberal supremacy is approaching its end. An ideology based exclusively on the free play of the market is bound, ultimately, to lose its attraction. Growing inequality and social exclusion, with new...

Globalization has affected business cycle developments in OECD countries and has increased activities of firms across national borders. This paper analyzes whether these two developments are linked. We use a new firm-level dataset on the foreign activities of German firms to test whether foreign...