Aufbauend auf einem theoretischen Rahmenmodell, das sowohl positive als auch negative Wachstumseffekte des Finanzsektors berücksichtigt, wird die makroökonomische Effizienz des Finanzsektors definiert. Die empirische Untersuchung des theoretischen Modells anhand von 28 west- und...

Angesichts der Individualisierung des Konsumentenverhaltens und der damit verbundenen Fragmentierung der Märkte nimmt die Mehrmarkenstrategie in vielen Branchen eine bedeutende Stellung ein. Neben vielfältigen Chancen offenbart eine parallele Führung mehrerer selbständiger Marken im gleichen...

This publication presents the outcome of a survey among the energy efficiency practitioners on the challenges and solutions for overcoming barriers to energy efficiency investments. The primary geographic focus is the UNECE region comprising 56 member States from Western Europe (members and...

Background: The present study examines the short term dynamics and long term equilibrium relationship among the stock markets of 17 countries in Western Europe as well as the world market, using time series techniques. Methods: Weekly returns of market benchmark indices of the respective...

Die vorliegende Arbeit beschäftigt sich erstmalig mit der Nachhaltigkeitsberichterstattung von Unternehmen aus 13 West-, Mittel- und Osteuropäischen Ländern. Die Arbeit kann in zwei Teile aufgeteilt werden: Zur Darstellung des Status quo und zur Aufdeckung von Unterschieden in der...

Introduction -- The Americans in Paris -- Money coming out of boxes -- For the love of property -- The return of the Europeans -- A rising risk in Europe -- The new relationship with debt -- Blurring the lines -- Crisis hits Germany -- The final party -- Credit crunch, and denial -- Life after...

We use national labor force surveys from 1983 through 2011 to construct hours worked per person on the aggregate level and for different demographic groups for 18 European countries and the US. We find that Europeans work 19% fewer hours than US citizens. Differences in weeks worked and in the...

The paper presents an analysis of real income convergence between the 11 countries of Central Eastern Europe which have joined the European Union (EU11) and 15 countries of Western Europe (EU15) in the period 1993-2015. The evolution of the income gap between the two groups of countries in terms...

In the centuries leading up to the Industrial Revolution, Western Europe gradually pulled ahead of other world regions in terms of technological creativity, population growth, and income per capita. We argue that superior institutions for the creation and dissemination of productive knowledge...

We use national labor force surveys from 1983 through 2011 to construct hours worked per person on the aggregate level and for different demographic groups for 18 European countries and the US. We find that Europeans work 19% fewer hours than US citizens. Differences in weeks worked and in the...

Machine generated contents note: Acknowledgments About the Author Introduction Part I: Theory and Policy Chapter 1: Global Demographic Trends Chapter 2: Demographics and Innovation Chapter 3: Demographics and the Economy Chapter 4: Resource and Environment Chapter 5: Public Policy Part II: The...

An examination of the post-recession responsibilities of central banks, this book proposes adaptations to the central banking model that preserve the advantages in terms of inflation control brought by their independence, while taking into account the long-term consequences of the Great Recession.

While the first half of the 20th century was characterized by total war, the second half witnessed, at least in the Western world, a massive expansion of the modern welfare state. A growing share of the population was covered by ever more generous systems of social protection that dramatically...

Childlessness, a driving force of fertility, has undergone strong variations in 20th-century Europe, and educational attainment has been rising continuously. We analyse how these two factors were related to each other over time. Our study is based on census and largescale survey data from 13...

Discrimination is a problem for both minority groups and the societies in which they live. Perceived group discrimination reflects the direct experiences of immigrants but is also an indicator of the wider societal context and its level of social cohesion. This paper draws on new longitudinal...

This paper analyzes the trends and root causes of extreme working hours in sixteen Western European countries, Canada, and the United States between 1970 and 2010. Earlier literature has revealed increasing trends in extreme working hours in the United States and recognized the negative...

Propagation of rule: a theory of economic success and stagnation -- The propagation of rule -- Historical origins of rule propagation -- Applying the theory: why the West got rich and the Middle East did not -- Bans on taking interest -- Restrictions on the printing press -- Printing & the...

Acknowledgements -- Time line -- A new deal for the world : American plans for the Post-World War II order -- The world America made : towards the Marshall Plan, 1945-1947 -- Creating the European recovery program, 1947-1948 -- The Marshall plan in action and the emergence of European unity,...

This book analyzes how financial liberalization affected the development of the financial crisis in Europe, with particular attention to the ways in which power asymmetries within Western Europe facilitated financial liberalization and distributed the costs and gains from it. The author combines...