Not least due to the change in overall economic conditions, the employment of foreign workers in Western Europe has in recent years become increasingly controversial. The following two articles deal with different aspects of labour migration. Heinz Werner presents a survey of policies towards...

This paper comprehensively studies the health effects of Daylight Saving Time (DST) regulation. Relying on up to 3.4 million BRFSS respondents from the US and the universe of 160 million hospital admissions from Germany over one decade, we do not find much evidence that population health...

A “global saving glut” was invented by Ben Bernanke in 2005 as a label for positive net lending (imports exceeding exports) to the American economy by the rest of the world. This trading situation had already emerged around 1980, and led to the Plaza Accord in 1985. One common explanation is...

The European Union has issued recommendations and benchmarks on the provision of childcare facilities in the member states. In this field Germany is still one of the laggards. In response, federal laws have been adopted in the last few years implementing EU soft law. According to German federal...

In the aftermath of the global financial and economic crisis, the ECB became deeply involved in activities aimed at stabilizing the financial system, over-leveraged banks, and over-indebted governments. This article addresses the costs of these monetary policy measures, which heavily exceed the...