Fabian Schnell develops a model indicating that by keeping real interest rates too low, monetary policy can distort the allocation of resources across firms and potentially delay economic recovery after a recession. This is a new channel of monetary policy that is especially relevant in view of...

Annette Illy entwickelt Bewertungsmaßstäbe zur Messung von Dezentralisierung auf kommunaler Ebene und untersucht mit modernen ökonometrischen Methoden den Einfluss von Gemeindetypen und Gemeindegröße auf die kommunale Effizienz und die Zufriedenheit der Bürger. Dies ist vor allem vor dem...

Innovationen und Entrepreneurship -- Innovationen und Steuersysteme -- Rahmenbedingungen der Steuerpolitik in der EU -- Steuern, Innovationen, Entrepreneurship und Wachstum -- Empirische Analyse der Innovationsaktivität in Europa.

Abstract -- Introduction -- Literature Review and Research Framework -- Effectiveness Study of Chinese Monetary Policy Regulation on Economic Growth and Inflation -- Appropriateness Study of Monetary Policy Regulation on Real Estate Price -- Appropriateness Study of Monetary Policy Regulation on...

One of the most striking macroeconomic developments during the last three decades is the rise and persistence of large fiscal deficits in a number of countries. Despite recent major fiscal reforms around the world, many countries suffer from recurrent large fiscal imbalances that often reflect...