Anfang dieses Jahres wurde ein Gutachten zur zukünftigen Struktur der Deutschen Bahn AG in Vorbereitung auf den angestrebten Börsengang des Unternehmens vorgelegt. Welches sind die zentralen Aussagen des so genannten PRIMON-Gutachtens, und wie sind sie aus wirtschaftspolitischer Sicht zu bewerten?

This paper reports the results of a survey among private sector economists about credibility and transparency of central banks. In line with the survey of Alan Blinder among central bankers, we asked participants in Ifo s World Economic Survey to answer questions on the importance and...

Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...

Many governments have banned strikes in public transportation. Whether this can be justified depends on whether strikes endanger public safety or health. We use time-series and cross-sectional variation in powerful registry data to quantify the effects of public transit strikes on urban...