House price determinants in Liverpool, United Kingdom / Raymond Talinbe Abdulai and Anthony Owusu-Ansah -- Multilevel governance : participatory democracy and civil society's role in governance in the perspective of the Lisbon Treaty / Peter Herrmann -- Transatlantic regulatory cooperation :...

American markets, once a model for the world, are giving up on competition. Thomas Philippon blames the unchecked efforts of corporate lobbyists. Instead of earning profits by investing and innovating, powerful firms use political pressure to secure their advantages. The result is less efficient...

The paper analyses theoretically what role fiscal councils could play and surveys empirically the activities of existing councils. Case studies of the Swedish Fiscal Policy Council and the UK Office for Budget Responsibility are done. It is concluded that fiscal councils should be advisory,...