We suggest a probabilistic voting model where voters' preferences for alternative public goods display habit formation. Current policies determine habit levels and in turn the future preferences of the voters. This allows the incumbent to act strategically in order to influence the probability...

There is a persistent narrative in European Union politics that presents the EU as 'nonideological'. A closer look, however, reveals that EU integration has been (and still is) the source of multiple ideological struggles, especially for political parties. However, we still know little about how...

In the following article we are going to discuss the phenomenon of political Problem (Or Problems). It is an attempt of philosophical and psychological interpretation of political thinking. Firstly the concept of political thinking and its relation to the identity issue will be examined. The aim...

This Working Paper examines options for the design of a workable fiscal union for the euro area. It provides a comparative study of fiscal institutions in the US and euro area in order to supply lessons from the operation of the US fiscal regime that could inform the design of the, hitherto...

Processes of regional economic integration have been shaping the economic relations between countries significantly during the last decades. In addition, an increasing integration of the national economies into the global economy has affected these economic relations, too. In an effort to...

Mit der Euro-Bargeldeinführung am 1. Januar 2002 wird die europäische Integration für die Bürger physisch greifbar. Die einheitliche Währung gibt es allerdings schon seit dem 1. Januar 1999. Wie sieht die Bilanz von mehr als zwei Jahren gemeinsamer Geldpolitik aus? Gibt es eine Koordination...