In addition to a distinct regional concentration of the branch in a few, large metropolitan areas in Germany, Berlin shows inner-city (inner-regional) concentrations of the music industry and its players linked with the value chain as well as branch-relevant institutions. By means of a written...

This paper will show the increasing convergence between cultural and economic discourses. On the one hand, art activities can be seen in an interdependent relationship between cultural industries and knowledge economy. On the other hand, there are regional economic effects of art and culture....

In addition to a distinct regional concentration of the branch in a few, large metropolitan areas in Germany, Berlin shows inner-city (inner-regional) concentrations of the music industry and its players linked with the value chain as well as branch-relevant institutions. By means of a written...

This paper will show the increasing convergence between cultural and economic discourses. On the one hand, art activities can be seen in an interdependent relationship between cultural industries and knowledge economy. On the other hand, there are regional economic effects of art and culture....

This research presents an application of the Hogan, Rosellón and Vogelsang (2010) (HRV) mechanism to promote electricity transmission network expansion in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico Interconectado Nacional). The HRV mechanism combines the...

The financial crisis in 2008/2009 substantially influenced the everyday social and economic life of many Tajik people, including their behavior in the labor market. However, not much is known about the dynamics of the labor markets of the transition economies, especially in the context of the...

In this paper we empirically derive the welfare effects of a shift from joint taxation with full income splitting to a revenue neutral system of individual taxation in Germany. For the empirical welfare evaluation we estimate the preference heterogeneity in the population and use normative...

In this paper we model the volatility of the spread between the overnight interest rate and the central bank policy rate (the policy spread) for the euro area and the UK during the two main phases of the financial crisis that began in late 2007. During the crisis, the policy spread exhibited...

We investigate the role of crude oil spot and futures prices in the process of price discovery by using a cost-of-carry model with an endogenous convenience yield and daily data over the period from January 1990 to December 2008. We provide evidence that futures markets play a more important...

We investigate whether differences in terrorism risk are mirrored on terrorism risk concern across European countries for the period 2003-2007. We find that the average propensity for terrorism risk concern is indeed affected by actual risk levels. Furthermore, country and individual...