Ein konjunkturbezogenes Transfersystem für die Mitgliedsländer des Euroraums könnte einen Beitrag dazu leisten, zyklische Ungleichgewichte zwischen den Ländern auszugleichen. Ein solches System wird hier in der konkreten Form einer europäischen Arbeitslosenversicherung vorgeschlagen. Durch...

The economies of developed countries of the 21st century benefit from the unseen-till-now prosperity; life standard that suffered a hard landing starting with 2007 and that seems to evolve in a chain-saw model for the crisis development. The forecast is based on the first in, last outʺ...

This paper aims to examine the influence of the fiscal and budgetary policy to the labour market and how to determine the movement of filled employment positions from one period to another, the gross job creation, the gross job destruction, the job reallocation and the average job vacancies. The...

This paper investigates the relationship between the magnitude of automatic stabilizers in the tax and transfer systems of 19 EU countries and the US, and discretionary fiscal stimulus packages passed by these countries during the recent economic crisis. In particular, we ask whether countries...

Crude oil has become a prominent indicator for economic activities worldwide, due to its outstanding importance in the supply of the world's energy demands. Many economists believe that there is a strong relationship between the growth rate of a country and oil-prices. As such we attempt to...

Um die Ziele des Energiekonzepts der Bundesregierung von 2010 und des beschleunigten Ausstiegs aus der Kernenergie zu erreichen, bedarf es erheblicher Investitionen zum Umbau der Energieversorgung. Dazu gehören insbesondere Investitionen in Anlagen zur Nutzung erneuerbarer Energien im Strom-...

Die Organisation der Energiewende gehört momentan zu den dringlichsten öffentlichen Aufgaben. Wegen der Ausgaben für die Stabilisierung des Finanzsektors und durch Fiskalpakt beziehungsweise Schuldenbremse ist der Staat allerdings tendenziell finanzierungsbeschränkt. Damit wird die...

This paper analyzes gasoline consumption in Japan for the period 2000– 2007 using the index decomposition analysis (IDA). The changes in gasoline con- sumption in Japan were attributed to five factors: (1) change in the annual average driving distance of new and vintage cars, (2) change in the...

This paper examines both the linear and nonlinear causal relationships between crude oil price changes and stock market returns for the United States. In particular, the study applied a battery of unit root tests to ascertain the time series properties of crude oil price changes and stock market...

This paper presents an empirical analysis of the interactions among energy consumption, real income and energy price in Saudi Arabia using annual data from 1982 to 2007. We analyzed the dynamic interaction by applying widely used time series analysis techniques such as unit root tests, Vector...