Ziel der Studie ist es, den Einfluß fiskalischer Rahmenbedingungen auf dierelative Vorteilhaftigkeit alternativer Formen der Kapitalanlage unter besondererBerücksichtigung von Wohnungsinvestitionen zu ermitteln. Auf einemKapitalmarkt in einer Welt ohne jegliche Staatseingriffe müßten die...

The main determinants of the financial problems of the German statutory health and longtermcare systems are demographic aging, the medical-technical progress as well as thedisproportionate cost increase in long-term care services. Concerning these factors, onlyreform concepts on the expenditure...

This paper uses the case study example of the recent application by British Aerospace (BAe) for£25m in Regional Selective Assistance (RSA) for its Broughton facility in North Wales andsubsequent granting of £19.5 m in assorted grant aid, to illustrate some of the wider regionalpolicy issues...

This contribution addresses the substantial tax subsidies for businesses introducedby the German Inheritance Tax Act 2009. Advocates in favour of the vast or evenentire tax exemption for businesses stress the potential damage of the inheritancetax on businesses, as those often lack liquid assets...

Im Rahmen des letzten „Gesundheitschecks“ der Gemeinsamen Agrarpolitik der Eu-ropäischen Union (EU) wurden die Direktzahlungen an die Landwirte reduziert und die damit eingesparten Mittel für die Entwicklung des ländlichen Raumes zur Verfü-gung gestellt (EUROPÄISCHE KOMMISSION 2009a)....

The Common Agricultural Policy (CAP) of the European Union has been in a process of reform since the early 1990s. As a result of reforms, agricultural market regulations have become more liberal and direct payments have been introduced which are to a large extent decoupled from production. In...

Bailing out banks requires overcoming debt overhang as well as dealing with adverseselection with respect to the quality of banks' balance sheets, in terms of heterogeneity inboth the likelihood and extent of their potential shortfalls, of future asset values vis-a-viscontractual debt...

The Common Agricultural Policy (CAP) of the European Union has been in a process of reform since the early 1990s. As a result of reforms, agricultural market regulations have become more liberal and direct payments have been introduced which are to a large extent decoupled from production. In...

The article presents a commercial investment analysis of the carbon capture project at theKårstø gas processing plant in south-western Norway. We update an earlier analysis andcritically review the methods used including those applied for cost estimating. Ourconclusion is that carbon capture...

The Common Agricultural Policy (CAP)of the European Union has been in a process ofreform for quite some time. As a result of reforms,agricultural market regulations have become moreliberal and direct payments which are to a largeextent decoupled from production have beenintroduced. In this...