Ausgehend von den Ursachen der massiven Krise im Euroraum und insbesondere der ihr vorangegangenen Preis- und Nominallohnentwicklung in den Mitgliedstaaten analysiert diese Studie gravierende Mängel bestehender - aber auch neu vorgeschlagener - Regelungen und Institutionen der Europäischen...

This study seeks to explain unemployment patterns in western European countries prior to the Great Recession. Criticising the standard view that good unemployment performance is primarily due to liberal labour market institutions, the argument advanced here is that different unemployment...

This study examines major reform proposals of EU fiscal rules from an economic and legal perspective. We disassemble the reform proposals in their components and analyse them in their specific proposed form in comparison, thereby shedding light on what is legally possible, economically sensible,...

Germany has suffered an inflationary shock broadly commensurate with that of the Euro Area as a whole, with energy playing a slightly larger, food a somewhat smaller than average role. Because of differences in consumption patterns, the current inflationary surge hits low-income households...