market institutions in both the USA and Germany. Particular emphasis is given to the substantial differences between the US … and Germany in the ways important areas are regulated. The authors show that the impact of institutions on economic …

parameter. Applying the proposed concept to empirical energy data on Germany and the U.S. (1980-2004), we find that there is an … inter-temporally increasing gap in the energy supply risk between both countries, with Germany suffering much more from a …

indicators for the US and Germany, we demonstrate that our inflation sentiment indicators improve forecast accuracy in comparison …