In der Diskussion über notwendige Reformen der Volkswirtschaften werden in der Bundesrepublik und anderen europäischen Ländern die institutionellen Rahmenbedingungen der Vereinigten Staaten zur Nachahmung empfohlen. Gibt es ein marktwirtschaftlich orientiertes Wirtschaftssystem, dessen...

This paper examines the well-known classification of welfare regimes by Esping- Andersen (1990). First, the institutional characteristics of eleven welfare states are examined by means of a principal components analysis. This analysis confirms the existence of three types of welfare state, viz....

Institutional settings and the resulting incentive structures are crucial for economic development. The type of entrepreneurial activity and the entrepreneurial effort are especially dependent on underlying incentive structures. We argue that institutions with better incentive structures for...

We explore the country-specific institutional characteristics likely to influence an individual's decision to become an entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of variables related to protection of property...