Diese Arbeit dokumentiert und analysiert den Anstieg der Staatsausgaben und der Defizite in den 90er Jahren.Die unmittelbaren Ursachen des Anstiegs sind bekannt: höhere Ausgaben für die Altersvorsorge undandere Bereiche der sozialen Sicherheit sowie Kostensteigerungen im Gesundheitswesen...

Wissenschaftliche und praktische Erfahrungen in politischen und ökonomischen Teilbereichen der Gesellschaft zeigen, daß sich die momentane Situation durch eine turbulente und dynamische Umwelt auszeichnet. Auch Kommunen (als Schnittstelle beider Teilbereiche) sind davon betroffen. Hilfe bei...

This paper asks whether tax cycles can represent the optimal policy in a model without any extrinsic uncertainty. I show, in an economy without capital and where labor is the only choicevariable (a Lucas-Stokey economy), that a large class of preferences exists, where cycles are optimal, as well...

The influence of capital gains taxes on investment decisions is a central issue of accounting and public finance research. However, the implications of capital gains taxes on investors' willingness to invest in irreversible projects with entry and exit flexibility have not yet been a focal...

This article offers a critical review of recent literature on Chinese legal tradition and argues that some subtle but fundamental differences between the Western and Chinese legal traditions are highly relevant to our explanation of the economic divergence in the modern era. By elucidating the...

From 1945 to 1975, fifteen Western European countries passed school-leaving age laws that raised the number of years of compulsory schooling for the first time after the Second World War. In order to understand the driving forces behind the increase in compulsory schooling and to explain the...

In this paper we review as well as contribute to the empirical literature on the impact of landreform on agricultural productivity in India. We find that, overall for all states, land-reform legislation had anegative and significant effect on agricultural productivity. However, this hides...

The Latin principle pacta sunt servanda (‘‘agreementsmust be kept’’) serves as a cornerstone of socialinteraction, peace, and justice. If a breach of contractdid not have some sort of ramification, the motivationto stick to the stipulations of the treaty would decreasegreatly, the...