We quantitatively assess the macroeconomic effects of country-specific supply-side reforms in the euro area by simulating EAGLE, a multi-country dynamic general equilibrium model. We consider reforms in the labor and services markets of Germany (or, alternatively, Portugal) and the rest of the...

Die Dissertation versucht, durch eine Synthese aus Entwicklungs- und Systemtheorie in Kombination mit Umselt?konomie einen alternativen Ansatz f?r die Erkl?rung von wirtschaftlicher Entwicklung allgemein und den Aufstieg der japanischen Umweltindustrie im besonderen zu finden. Neben einem...

The paper aims to examine the role of institutions relative to economic policy and geography in explaining the differential level of development across countries over time. To that end, it attempts to construct a Development Quality Index (DQI) and an Institutional Quality Index (IQI) by using...

We review the competing explanations of the 2007-2008 global crisis, recall how governments around the world had to depart from established policy stances, and reflect on the legacy of the crisis both in terms of future challenges and changes in policy doctrine. The G-20 has addressed important...