Das renommierte Institut für Wirtschaftsforschung (ifo) an der Universität München gibt dieses sehr gut aufgemachte, stabile, preisgünstige Handbuch und Nachschlagewerk heraus mit 120 konzentrierten Beiträgen in 12 Themenkomplexen zu wichtigen, zukunftsweisenden Themen - verpflichtet dem...

The upcoming demographic crisis in Germany demands fundamentalreforms of the pension system. In a democracy, reforms are, however, onlyfeasible when they are supported by the majority of the electorate. Todetermine whether the majority is in favor of reforms of the pension system,we calculate...

As shown in Sinn and Wollmershäuser (2012a), during the European balance-of-payments crisis, inter-governmental credit and Target credit granted by core-country central banks have replaced private international capital flows in financing the crisis countries' current account deficits, and even...

Based on German hourly feed-in and consumption data for electric power, this paper studies the storage and buffering needs resulting from the volatility of wind and solar energy. It shows that joint buffers for wind and solar energy require less storage capacity than would be necessary to buffer...