Um Kosten, Energieimporte und CO2-Emissionen zu reduzieren, ist im Energiekonzept der Bundesregierung vorgesehen, den Wärmebedarf für Gebäude bis 2020 um 20 Prozent und den Primärenergiebedarf bis 2050 um 80 Prozent zu senken. Dazu soll der Anteil der jährlich energetisch sanierten Gebäude...

This paper studies the determinants of house prices in eight transition economies of central and eastern Europe (CEE) and 19 OECD countries. The main question addressed is whether the conventional fundamental determinants of house prices, such as GDP per capita, real interest rates, housing...

While the South East Asian financial crisis spread to Russia and Brazil, the transition economies in Central and Eastern Europe seem to be largely unaffected by international financial contagion. The lack of recent banking crises in Central and Eastern Europe is the more surprising considering...

This report gives an overview of patterns of structural change in Central and Eastern European economies over the decade 1989-1999. The analysis in this paper is restricted to a sub-sample of transition economies, namely the countries of Central and Eastern Europe (CEECs) - with the exception of...

Differences in regional unemployment in post-communist economies are large and persistent. We show that inherited variation in human-capital endowment across the regions of four such economies explains the bulk of regional unemployment variation there and we explore potential explanations for...

On 23 June 2010, the Magyar Nemzeti Bank and SUERF jointly organised a conference on "The Future of Banking in CESEE after the Financial Crisis", incorporating the SUERF Annual Lecture, delivered by Manfred Schepers, Vice President, Finance at the European Bank for Reconstruction and...

Greek governments have supported investments to rural areas financially either by covering part of the investment and/or offering advantages with respect to interest rate loans or tax advantages. This support had been tendered either by nationally financed programs, called Development Laws, or...

Barriers to immigration of low-skilled workers from developing countries into the advanced countries prevent many potential migrants from leaving their countries of origin. With very low home-country wages in relation to the cost of undocumented migration, the opportunity to migrate often hinges...