This paper offers an alternative explanation for the behavior of postwar US inflation by measuring a novel source of monetary policy time-inconsistency due to Cukierman (2002). In the presence of asymmetric preferences, the monetary authorities end up generating a systematic inflation bias...

One way to prepare for EU membership is not just to learn all the EU rules, but also to look at how other countries have coped with the demands of membership and learn from their successes and failures. In essence, preparation for membership requires a sort of risk analysis and market research....

GfK, the German-based market research company, transformed itself into an SE in 2009. Management saw the change as reflecting GfK’s international perspectives and structure, although it also had the side effect of avoiding a major change in the composition of the supervisory board. The...

This study on the functioning of retail electricity markets for consumers in the EU is the follow up to the first market study conducted in 2009/2010, and published by the European Commission in 2010. The objectives of the current study are to investigate if a well-functioning electricity market...

Das Barometer zu den Verbrauchermärkten 2016 bietet auf der Grundlage von Daten, die im Jahr 2015 erhoben wurden, einen Überblick darüber, wie die Bürgerinnen und Bürger der EU die Leistung wichtiger Waren-und Dienstleistungsmärkte der Verbraucher beurteilen. Das Barometer dient zur...