Das Schweizer Bankgeheimnis und die damit verbundenen Möglichkeiten zur Steuerhinterziehung haben in anderen Staaten zu erheblichen Verlusten bei den Haushaltseinnahmen und weitergehenden Wohlfahrtseinbußen geführt. Die Europäische Kommission ist bemüht, die Problematik nachhaltig zu...

Competence behind sovereign ratings is crucial, given that the government bond market may be vulnerable to multiple equilibria and self-fulfilling prophecies. With this in mind, this paper reviews and scrutinises official Standard & Poor's publications that address key issues surrounding the...

The authors review the graphical approach to teaching the real business cycle model introduced in Barro. They then look at where this approach cuts corners and suggest refinements. Finally, they compare graphical and exact models by means of impulse-response functions. The graphical models yield...

<title>Abstract</title> The structure and contents of undergraduate programs in economics and management sciences differ among the major European universities. Based on analyses of curriculums, course syllabuses, and adopted textbooks, the author looks at how much time is spent in pertinent programs, how time...