Introduction: The Relevance and Conceptualisation of Local Public Finance Regulatory Regimes -- PART I. Concepts of Regulation -- Budget Institutions for Subnational Fiscal Discipline: Local Fiscal Rules in Post-Crisis EU Countries -- Fiscal Rules at the Local Level: The Challenge of Enforcement...

This book is based upon a comparative public administration research project, initiated by the Hertie School of Governance (Germany) and the Bertelsmann Foundation (Germany) and supported by a network of researchers from many EU countries. It analyzes both the regimes and the practices of local...

Unter dem Titel <Die Krise. Politik zu Lasten der Steuerzahler> wird die Verstrickung aller staatlichen Ebenen in die Finanzkrise analysiert. Die Schrift zeigt auf, welche Konsequenzen die Politik ziehen muss, um die Gefahr einer nächsten Krise zu bannen.(Quelle: BdSt Deutschland e.V. / Internet).

Reforms of financial regulation after the crisis of 2007-2009 raise the question of what is the relation between financial regulators and competition authorities. Should competition authorities play a role in financial regulation? Should they co-operate with financial regulators? Or should they...

We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the merging banks decreased interest rates by 3 to 5 percent...

We use project-level information for the largest regional economic development program in German history to study how government subsidies to firms affect credit markets. We identify credit market responses by considering both, bank lending and firm borrowing during 1998-2019. We find that...