Von Vertrauen wird in der Wirtschaft und in der Politik sehr oft gesprochen, meist ohne viel darüber nachzudenken. Häufig werden negative Entwicklungen und Ereignisse nicht zuletzt auf fehlendes Vertrauen zurückgeführt. Doch es muss klar sein, dass mehr Vertrauen nicht entsteht, indem es...

Several empirical studies derive that personal positions with respect to policy measures are dominated by ideology instead of narrow self-interest. In the present field study we carried out a telephone survey with 1.003 respondents all over Austria. Instead of only measuring self-interest...

Bei diesem Beitrag handelt es sich um die Schriftfassung der Dritten Wilhelm-Röpke-Vorlesung, die der stellvertretende Chefredaktor und Leiter der Wirtschaftsredaktion der Neuen Zürcher Zeitung, Dr. Gerhard Schwarz, am 12. Februar 2009 in der Thüringer Aufbaubank in Erfurt gehalten hat. Die...

Several empirical studies derive that personal positions with respect to policy measures are dominated by ideology instead of narrow self-interest. In the present field study we carried out a telephone survey with 1,003 respondents all over Austria. Instead of measuring selfishness indirectly by...

We study the impact of office and computing machinery (OCM) on the demands for workers with different educational levels. The empirical analysis relies on a system of demand equations that nests the translog, the generalised Leontief and the normalised quadratic specifications. Using panel data...

This paper presents error correction estimates of a simple interdependent model of the labour market using monthly data over 1990-1994 for the industrial sector in Poland and Hungary. The aim is to investigate three issues in the performance of labour markets during transition. First, is there a...

This paper shows that the German monetary union not only had an impact on the stability of the narrow money demand in Germany but also on the stability of the aggregate demand for money in two larger European currency areas, consisting of 3 and 7 EMS-countries. However, despite fears harbored...

The economies of Central and Eastern Europe are undergoing a period of rapid structural change. The general pattern confirms to the J-curve anticipated by several observers at the start of transition. This paper conceptualises the J-curve as the result of a combination of two factors. First,...

This paper investigates price discrimination of German exporters across different foreign markets. We examine the degree of pass-through of exchange rate fluctuations in the pricing of 70 export items. The model is estimated using panel data on export unit values. Parameter estimation relies on...