This paper contributes with empirical findings to the research on structural inequality and geographic concentration of European inventorship activity at the level of European micro regions. We analyze the spatial structure and dynamics of 43 technology fields (ISI-SPRU-OST concordance) and 6...

Um die fiskalische Nachhaltigkeit der Politik bzw. einzelner Reformmaßnahmen zu messen, hat die Wirtschaftswissenschaft in den letzten Jahren mehrere Instrumente eingeführt. Hierzu zählt auch die Generationenbilanz, die Anfang der 1990er-Jahre in den USA entwickelt wurde. Der vorliegende...

This paper analyzes the stabilizing properties of alternative monetary policy regimes. In practice there is a choice between two broad types of monetary policy regimes: a fixed exchange rate regime or a floating exchange rate regime. In this paper I compare exchange rate targeting with different...

This paper explores the hypothesis that wage differentials between skill groups across countries are consistent with a demand and supply framework. Using micro data from 15 countries we find that about one third of the variation in relative wages between skill groups across countries is...

How do the complex institutions involved in wage setting affect wage changes? The International Wage Flexibility Project provides new microeconomic evidence on how wages change for continuing workers. We analyze individuals’ earnings in 31 different data sets from sixteen countries, from which...