Der Mittelstand bildet mit nahezu 3,5 Millionen Unternehmen die Basis der deutschen Wirt-schaftsstärke. Unternehmensgründungen sind für die ständige Erneuerung der mittelständi-schen Unternehmenslandschaft unerlässlich; innovative Start-ups bringen wichtige Innovatio-nen auf den Markt, die...

This paper investigates whether the socioeconomic status of the head of government helps explain fiscal performance. Applying sociological research that attributes differences in people's ways of thinking and acting to their relative standing within society, we test whether the social status of...

This text focuses on long-term unemployment in the German labor market caused by insufficient work skills capabilities and discusses the deficits of the current policy in improving the situation of job seekers who are repeatedly rejected in their efforts to find a job. For both the German...

This paper investigates whether the socioeconomic status of the head of government helps explain fiscal performance. Applying sociological research that attributes differences in people's ways of thinking and acting to their relative standing within society, we test whether the social status of...

This paper estimates the effect of political power on tax policies in municipal councils under a proportional election system. The main challenge in estimating the causal effect of parties on policy is to isolate the effect of power from underlying voter preferences and the selection effect of...

This paper proposes a break-even tax-subsidy scheme designed with an entry tax and a production subsidy to regulate imperfect competition. The first-best social optimum incorporating marginal cost pricing, minimum-average-cost output, and socially optimal number of firms is achieved. In the...

This paper proposes a theory of regulation by constructing a pseudo production function in the general equilibrium model. The theory shows that the first-best social optimum can be achieved in imperfect markets while free entry and the independent choice of price and output are retained. Three...