Showing 1 - 10 of 72
The former German chancellor Helmut Schmidt holds that despite the huge transfers from West to East Germany the East German economy does not take off as it was widely expected. We argue it is not despite these transfers but because of them. Building on the common features of the extension of the...
Persistent link: https://www.econbiz.de/10002202979
Persistent link: https://www.econbiz.de/10000586425
Persistent link: https://www.econbiz.de/10000542785
Persistent link: https://www.econbiz.de/10002117349
We investigate how firms' market power affects the price level. In our small macro-model we show, that firms - in addition to hypothesised structural mark-up pricing power - may take advantage of favourable business cycle fluctuations. The paper provides empirical evidence for both these...
Persistent link: https://www.econbiz.de/10002117361
Persistent link: https://www.econbiz.de/10003485011
Persistent link: https://www.econbiz.de/10003463453
Persistent link: https://www.econbiz.de/10003436078
Persistent link: https://www.econbiz.de/10003407723
The spring forecast for Swiss health expenditure covers the years 2008 to 2010 (official data range to 2007). For the year 2008, the forecast assumes a higher-than-average growth in health expenditure. While a still solid growth is expected for the year 2009, a cooling down as a consequence of...
Persistent link: https://www.econbiz.de/10003907488