The taxation of bequests has long been and still is subject to intensive discussions in many industrialized countries. Triggered by these discussions, Verena Kley analyzes the taxation of bequests from economic perspectives, focusing on wealth transfers of very rich individuals. Given empirical...

Core assumptions underlying the micro portfolio approach to public debt management -- A public finance framework for long-term sovereign funding decisions -- Recommendations for broader debt management objectives -- A new approach to model the shape and dynamics of the term structure of interest...

Preisbildung an Aktienmärkten -- Ausgewählte empirische Untersuchungen zur Erklärung von Information Mirages -- Information Mirages an experimentellen Wertpapierbörsen -- Methodik zur Analyse von Information Mirages an der Computerbörse CAT -- Spezifikation der Information Mirages an der...

Introduction -- A Brief Survey of the Literature -- The Closed Economy: The Solow Model -- Overlapping Generations -- Infinite Horizon -- The Small Open Economy: The Solow Model -- Overlapping Generations -- Two Countries: The Solow Model -- Synopsis -- Conclusion -- Result

This book studies the strategic policy interactions in a monetary union. The leading protagonists are the European Central Bank and national governments. The target of the ECB is low inflation in Europe. The targets of a national government are low unemployment and a low structural deficit....

Die Energiewende, der industrieübergreifende Rohstoffwandel von fossilen zu nachwachsenden Rohstoffen und die aktuellen Entwicklungen an den Rohstoffmärkten geben Anlass, Rohstoffpreise als marktbasierte Einflussfaktoren auf die Diffusion Erneuerbarer Energietechnologien zu untersuchen. Im...

The importance of entrepreneurship for achieving economic growth in contemporary economies is widely recognized, both by policy makers and economists. However, empirical evidence linking entrepreneurship to economic growth is scarce. Empirical Analysis of Entrepreneurship and Economic Growth...

Mit der zu verzeichnenden Internationalisierung der Kapitalmarktkommunikation geht eine Ausrichtung der Wirtschaftsprüfung an internationalen Prüfungsnormen einher. Jochen C. Theis geht der Frage nach, wie der individuelle Kapitalmarktteilnehmer Informationen verarbeitet, die ihm im Rahmen der...