Die Geburtsstunde des Königsteiner Schlüssels war das Königsteiner Staatsabkommen von 1949, in dem die Länder die Aufteilung der Kosten bei der Finanzierung überregionaler Forschungseinrichtungen geregelt haben. Bis heute wird der Schlüssel, den die Gemeinsame Wissenschaftskonferenz (GWK)...

"Fiscal federalism refers to the division or distribution of fiscal powers between different levels of government. In the context of the European Union, it provides a framework to explore the foundations and evolution of the Union's (limited) fiscal powers across different areas of EU...

In this paper we examine how the balance-of-payments constraint can limit output and income distribution in a small economy open to both commercial and financial flows, as well as constrain fiscal and monetary policies. We do so by extending a Sraffian supermultiplier growth model to consider...