In their introduction to the special issue of the Review of Economic Dynamics on Great Depressions of the 20th Century (Vol. 5, 2002), Timothy J. Kehoe and Edward C. Prescott argue that in the last few years great depressions have hit two rich countries: New Zealand and Switzerland. We briefly...

In their introduction to the special issue of the Review of Economic Dynamics on "Great Depressions of the 20th Century" (Vol. 5, 2002), Timothy J. Kehoe and Edward C. Prescott argue that in the last few years "great depressions" have hit two rich countries: New Zealand and Switzerland. We...

Pro Jahr verlassen 0,8 Prozent der Bevölkerung Deutschland, das sind etwa 650 000 Personen. Das Medienecho auf diese Auswanderung ist überzogen schrill, denn die meisten Auswanderer haben bereits einen Migrationshintergrund und setzen ihre Migration fort oder kehren in ihre Heimatländer...