This paper examines the evolution of the relative price between tradable and nontradable goods in a group of European countries. A model of an open economy is used to analyze different factors that can account for an increase in the relative price of nontradable goods. These factors are: (a)...

This paper analyses the functioning of the passing-on of price overcharges in damages actions for breaches of EU competition law and aims to give a critical appraisal of the present regulatory framework in Europe. In particular, this paper maintains that the European Directive 2014/104, in order...

Most European Member States, particularly the former EU15 countries, have national systems providing universal access to health care, including pharmaceuticals. Given pressure on public budgets and rising expenditure for healthcare, national governments have introduced mechanisms to regulate...

Die Weltkonjunktur zeigt sich im Frühsommer 2003 leicht aufwärtsgerichtet. Zu einer durchgreifenden Erholung ist es bisher noch nicht gekommen. Belastend wirkten insbesondere die Irak-Krise, der zwischenzeitliche Höhenflug des Erdölpreises, der Ausbruch der Lungenkrankheit SARS sowie die...