policies are determined by the median voter. We show that privatization may lead to large efficiency gains by changing the menu …

next period. Theory suggests that the collection efficiency is impacted by political economy considerations greater …This paper evaluates the political economy and structural factors explaining the collection efficiency of the Value … Added Tax [VAT]. We consider the case where the collection efficiency is determined by the probability of audit and by the …

institutions. The euro has operated as a currency without a state, under the dominance of Germany. This has so far allowed the euro … to achieve a number of design objectives, and this may continue, as long as Germany does not shirk its growing … responsibility for the euro's future. Germany's resilience and dominant size within the EU may explain its "muddling …

This paper deals with the labor market entrance of young people in the Federal Republic" of Germany. The main focus is … on failures during this stage. First, an overview of the youth" labor market in Germany is given. Then, the transition …

regular college attainment. Comparing the US to Germany suggests that pushing more students to BA granting colleges may no …

The evolution of unemployment in West Germany and the U. S. stands in sharp contrast, with German unemployment much … big difference berween the two countries is that there is no feedback from wages to prices in Germany, and so high … unemployment does not put downward pressure on the inflation rate. During the 19705 and 19805 in Germany there emerged a growing …

This paper presents a theoretical model dealing with the duration of youth unemployment in West Germany. Duration can …

This study examines the determinants of the reservation wage of unemployed persons in the Federal Republic of Germany …