Zusammenfassung: In diesem Beitrag wird untersucht, wie private Haushalte auf Niedrig- bzw. Nullzinsen reagieren. Dabei wird angenommen, dass die Haushalte sich an Nominalwerten orientieren. Die stark expansive Geldpolitik mit sehr geringen Zinsen verzerren die Ersparnisbildung und die...

The German system of public broadcasting has arrived at a crisis point: too many lightweight channels, too many soap operas and boulevard magazines, too little on culture and too much on celebrity. Wasted investments, product placements, misappropriation of funds and fraud led to public...

In this paper, the economic structure of illegal markets with special reference to the markets for illegal drugs and arms is analyzed. Analytical tools of System Dynamics are employed to emphasize the dynamic aspects of these markets. The results of our analysis enable us to evaluate state...