The conditions under which European monetary policy is likely to be conducted are investigated by means of multi-variate time series modelling using aggregated data of all eleven European Monetary Union member states. A cointegration analysis identifies two stable long-run relationships within a...

In 2001 more than 80 percent of the Swiss electorate voted in favour of a constitutional amendment which aims at stopping the expansion of the public debt. A convincingly simple and seemingly intuitive formula provides an easy-to-implement expenditure rule for the budgetary process. This...

In 2001 more than 80 percent of the Swiss electorate voted in favour of a constitutional amendment which aims at stopping the expansion of the public debt. A convincingly simple and seemingly intuitive formula provides an easy-to-implement expenditure rule for the budgetary process. This...

Corruption is no new phenomenon in international sports. In the first documented case, the athlete Eupolos from Thessalia bribed three of his competitors in fist fightingat the Olympic games of 388 B.C. In modern sports, well documented cases of corruption are e.g the college basketball scandal...

Corruption is no new phenomenon in international sports. In the first documented case, the athlete Eupolos from Thessalia bribed three of his competitors in fist fighting at the Olympic games of 388 B.C. In modern sports, well documented cases of corruption are e.g the college basketball scandal...

Dieser Aufsatz ist der Frage der Weiterentwicklung des SOEP insgesamt gewidmet. Daher nehmen wir in einem ersten Teil eine Bestandsaufnahme der Entscheidungsstrukturen zum Erhebungsprogramm ("Governance") vor. Im zweiten Abschnitt beschäftigen wir uns mit den Inhalten der SOEP-Erhebung - also...

This paper studies the current crisis in the German pension system and discusses the various reform proposals.