Europe has implemented in the year 2005 an emissions trading system in order to fulfill the Kyoto emissions reduction targets. In principle, the instrument should be a cost-efficient measure of climate protection. But within the first implementation phase because of a over-allocation of...

This article presents the results of a survey among the members of the "Verein für Socialpolitik", the association of German speaking economists, containing questions on schools of thought, economic role models and policy issues. A probit analysis is used to identify to what extent ideological...

This paper uses a multivariate analysis to examine how countries' tax morale and institutional quality affect the shadow economy. The literature strongly emphasizes the quantitative importance of these factors in understanding the level of and changes in the shadow economy. Newly available data...

This paper analyses how institutional factors affect satisfaction with democracy (SWD). It employs a panel of observations from Eurobarometers in the time span 1990-2000, and thus is one of the first studies to consider the longitudinal dimension of the driving forces of SWD. We find that...

In order to guarantee a further successful functioning of the enlarged European Union a Federal European Constitution is proposed. Six basic elements of a future European federal constitution are developed: the European commission should be turned into an European government and the European...

Das institutionelle Arrangement eines Landes ist zu einer Standortfrage und zu einer Frage der langfristigen Wettbewerbsfähigkeit einer Ökonomie geworden . Ein stabiles und günstiges makroökonomisches Umfeld ist eine wesentliche Voraussetzung für erfolgreiche wirtschaftliche Tätigkeit von...