It is the objective of this paper to determine the voting premium for French shares by comparing the values of voting and non-voting shares, and to analyze the value of the voting rights. The study uses data for 25 French companies which had both types of shares outstanding and traded on the...

Die Vorstellung, durch eine Orientierung am immateriellen Kundennutzen statt am materiellen Produkt zu einer nachhaltigen Wirtschaftsweise beitragen zu können, wird offenbar von vielen geteilt zumindest aber von zahlreichen Wissenschaftlern untersucht.

Marianna Filandri e Emanuela Struffolino esaminano gli effetti sulla disuguaglianza delle misure sulla casa contenute nella Legge di Stabilità del 2016. Dopo aver ricordato che in Italia la proprietà della casa è molto diffusa e, quindi, ad essa non è sempre associato uno stato di elevata...

Die Besteuerung von selbstgenutztem und vermietetem Wohneigentum folgt in Deutschland sehr unterschiedlichen Regeln. Während selbstgenutzte Immobilien wie ein Konsumgut behandelt werden, gelten vermietete Immobilien als Investitionsgut. Bedingt durch diese Ungleichbehandlung variiert die...

We study an industry in which an upstream monopolist supplies an essential input at a regulated price to several downstream firms. Legal unbundling means that a downstream firm owns the upstream firm but this upstream firm is legally independent and maximizes its own upstream profits. We allow...

We study an industry with a monopolistic bottleneck (e.g. a transmission network) supplying an essential input to several downstream firms. Under legal unbundling the bottleneck must be operated by a legally independent upstream firm, which may be partly or fully owned by an incumbent active in...

This paper provides an overview of the sequential shift towards activating labour market and social policy in Germany. It not only shows the changes in the instruments of active and passives labour market policies but also analyzes the implications of this change for the political economy, the...