For many observers the beginning of a dynamic economic and stock market upswing in the U.S. in the mid 1990s marked the start of a new era, the times of the new economy. This phenomenon has been under intense discussion ever since - both in the political arena as well as among scientists....

Das Interesse an der ökonomischen und gesellschaftlichen Bedeutung von Zuwanderungen hat in Politik, Wissenschaft und Gesellschaft in den letzten Jahren spürbar zugenommen. Dies gilt insbesondere in Deutschland als bevorzugtes Zielgebiet von Immigranten. Die Wanderungsursachen sind mit...

The 1990s were the most prosperous decade in U.S. economic history. The paper analyses to which extent this period fits into preceding cyclical experience. This is done by classifying the period 1991-12 to 2000-12 with the help of a 4-phase classification scheme based on multivariate...