The European Redemption Pact (ERP), a proposal of the German Council of Economic Experts, describes an exit strategy from the debt crisis which currently plagues the Euro-Area. The pact includes a binding commitment of all participating countries to bring public debt ratios below the reference...

The European Redemption Pact (ERP), a proposal of the German Council of Economic Experts, describes an exit strategy from the debt crisis which currently plagues the Euro-Area. The pact includes a binding commitment of all participating countries to bring public debt ratios below the reference...

In Deutschland besteht seit dem Beschluss des Energiekonzepts der schwarz-gelben Koalition im Jahr 2010 und dem im Jahr 2011 erneut bestätigten Ausstieg aus der Kernenergie ein Konsens, die Stromerzeugung bis zum Jahr 2050 so umzubauen, dass die erneuerbaren Energien daran den Hauptanteil...

In Deutschland besteht seit dem Beschluss des Energiekonzepts der schwarz-gelben Koalition im Jahr 2010 und dem im Jahr 2011 erneut bestätigten Ausstieg aus der Kernenergie ein Konsens, die Stromerzeugung bis zum Jahr 2050 so umzubauen, dass die erneuerbaren Energien daran den Hauptanteil...

This paper considers the decentralized funding of public universities in a federation when students and graduates are mobile. In particular, I discuss whether local governments should be given the right to differentiate tuition fees between in-state and out-of-state students. I develop a model...

This paper provides a model-based analysis of special tax rules for corporations that invest in stocks of other corporations. To avoid double taxation the returns from such stock investments (dividends and capital gains) are usually tax-exempted or taxed at a reduced tax rate. This allows for...

This paper presents a proposal for a regulatory regime aimed at reducing systemic risk effectively and internationally. Systemic relevance should be internalized with a levy (or tax), the level of which (or tax rate) rises with the systemic relevance of an institution (Pigouvian taxation). The...

This paper presents a proposal for a regulatory regime aimed at reducing systemic risk effectively and internationally. Systemic relevance should be internalized with a levy (or "tax"), the level of which (or "tax rate") rises with the systemic relevance of an institution (Pigouvian taxation)....

This paper considers the decentralized funding of public universities in a federation when students and graduates are mobile. In particular, I discuss whether local governments should be given the right to differentiate tuition fees between in-state and out-of-state students. I develop a model...

Seit dem 1. Januar 2009 unterliegen die in § 20 EStG aufgeführten Einkünfte aus Kapitalvermögen, soweit sie bei Einzelveranlagung den Sparer-Pauschbetrag in Höhe von 801 Euro übersteigen, einer einheitlichen Abgeltungsteuer in Höhe von 25 vH. Der Gesetzgeber hat damit das ursprüngliche...