This paper investigates a dynamic general equilibrium model with search. In particular, search externalities are reßected by an increasing returns to scale matching function, which may imply an indeterminate equilibrium. Hence, the model is capable to generate business ßuctuations, driven by...

This guide shows how a life cycle approach can be used to identify and reduce the environmental and health impacts of the products we use. It underlines the importance of considering these issues across the entire life cycle of a product and sets them within the context of policy development,...

This Country Focus studies the development of private consumption in France during the decade before the crisis. Are French consumers greater spendthrifts than their European fellows? In this paper, we estimate a consumption function to show that strong growth of private consumption in France...

In Germany private consumption virtually stagnated for nearly a decade and clearly lagged behind GDP growth. This Country Focus uses the estimation of a consumption function to show that the drop in employment is the most important factor behind the reluctance to consume in the first half of...

Insgesamt erfüllten im Jahr 2011 92,1%der Badegewässer in der EU die von denBadegewässerrichtlinien vorgesehenenMindestanforderungen an die Wasserqualität.Die Badegewässerqualität stieg im Jahr 2011 imVergleich zu 2010 an 0,6%der Standorte. DerAnteil der Badegewässer mit einer...

Die wichtigste Botschaft dieses Berichts ist, dass sichdie Badegewässer in Europa auch im Jahr2012 aufdem gleichen hohen Qualitätsniveau befanden, wie esin den vorigen Badesaisons der Fall war. Bis zu 94%der Badegewässer erfüllten die von den EU-Richtlinienfestgelegten Mindeststandards für...