Changes in exchange rates have become a prominent issue in Germany and Japan - due to the enormous appreciation of the Deutschmark and the Yen. Conventional wisdom suggests that economic activity will be negatively affected if a currency is going through a phase of appreciation. The paper...

This study investigates the connection between mindfulness and prenatal testosterone exposure and explores whether this is related to the relationship between mindfulness and human well-being as captured by three separate measures. In a sample of 90 German student participants, we find that...

This paper deals with alternative policy options for tackling congestion and environmental problems in the German airport sector. The starting point of the discussion is the planned privatisation of several airports in Germany, which is normally justified on productive efficiency grounds....

Rising income inequality is an anglo Saxon problem. For most of the other OECD countries, earnings dispersion is rather persistent. Vertical mobility is to be taken into account. The paper also looks at the relationship of income inequality, growth and employment. It elaborates the point that...

This paper provides a unified vision of a number of results that appeared in three separate streams of literature. The author emphasizes the strong parallelism between the results obtained in a number of papers that analyzed the relationships between price cap regulation, welfare maximization,...

This paper has two sources: One is my own research in three broad areas: business cycles, economic measurement and social choice. In all of these fields I attempted to apply the basic precepts of the scientific method as it is understood in the natural sciences. I found that my effort at using...