This study investigates how the duration of the work interruption and the labor market status of mothers upon their return affect the division of housework in couples after a birth. By observing several parental leave policy reforms in Britain and West-Germany, this research also explores how...

In allen Wirtschaftszweigen haben Unternehmen in Europa begonnen, internetgestützte Transaktionen in ihre Geschäftsabläufe zu integrieren. Die Anwendungsmuster unterscheiden sich von Branche zu Branche. Im Dienstleistungssektor hat die Einführung von Informations- und Kommunikationstechniken...

Im Zuge der Föderalismusreform wurden die gesetzlichen Ladenschlussbestimmungen in den meisten deutschen Bundesländern kürzlich gelockert. Dies ist ein Schritt in die richtige Richtung, um einen Anstieg von Produktivität und Wachstum im deutschen Einzelhandel zu bewirken. Allerdings birgt...

This paper studies the behaviour of Internet prices. It compares price rigidities on the Internet and in traditional brick-and-mortar stores and provides a cross-country perspective. The data set covers a broad range of items typically sold over the Internet. It includes more than 5 million...

We estimate the degree of ‘stickiness’ in aggregate consumption growth (sometimes interpreted as reflecting consumption habits) for thirteen advanced economies. We find that, after controlling for measurement error, consumption growth has a high degree of auto-correlation, with a stickiness...

We estimate the sticky information Phillips curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany and the United Kingdom are updated about once a year, in...

This paper investigates the link between fiscal policy shocks and movements in asset markets using a Fully Simultaneous System approach in a Bayesian framework. Building on the works of Blanchard and Perotti (2002), Leeper and Zha (2003), and Sims and Zha (1999, 2006), the empirical evidence for...

We investigate the macroeconomic effects of fiscal policy using a Bayesian Structural Vector Autoregression approach. We build on a recursive identification scheme, but we: (i) include the feedback from government debt (ii); look at the impact on the composition of output; (iii) assess the...

The Environmental impact assessment (EIA) procedure foresees that the information on the environmental effects of a specific activity is used to support the decision on whether to give a project consent, and has the ability to ensure no more than that the decision taken is an informed one. As...