The assumption behind popular data on national capital stocks, and therefore total factor productivity, is that countries were in a steady state in the first year that investment data became available. This paper argues that this assumption is highly implausible and is necessarily responsible...

The weaknesses of the Common European Asylum System have led to conflicts of interest between the EU's external border states and the main destination countries, such as Germany. After years of negotiations, the reform of the European asylum policy was formally adopted by the European Parliament...

The weaknesses of the Common European Asylum System have led to conflicts of interest between the EU's external border states and the main destination countries, such as Germany. After years of negotiations, the reform of the European asylum policy was formally adopted by the European Parliament...