The sixteen essays in this book were written to celebrate the ninetieth birthday of Richard Musgrave and to commemorate the tenth anniversary of CES, the Center for Economic Studies at the University of Munich. Musgrave is considered to be a founding father or modern public economics. He belongs...

Hedonische Immobilienpreisindizes, die auf Transaktionsdaten basieren, stellen einen vielversprechenden Indikator für institutionelle Investoren dar. Ihr Vorteil ist, dass durch Qualitätsbereinigungen der Heterogenität der Immobilien besser Rechnung getragen werden kann. Üblicherweise gibt...

Highlighting the revival of industrial-policy thinking in an era of globalisation and disenchantment with free trade, this paper reviews alternative and, in part, competing theoretical foundations of industrial policy: neoclassical foundations, structuralist approaches, and pragmatic approaches...