Germany is an undervaluation regime, a regime that steers economic behavior towards deterioration of the real exchange rate and thereby towards export surpluses. This regime has brought the eurozone to the brink of collapse. But it is much older than the euro. It was established during the...

This paper compares living and working conditions in the U.S. and Germany for the year 2022 with a focus on economic, social and environmental standards. Twelve dimensions of comparison are used, split into 15 themes, which are examined with 80 indicators. Subjective indicators based on polls or...

Ein Vergleich der Arbeits- und Lebensbedingungen in den USA und in Deutschland im Jahr 2022 zeigt, dass Deutschland bei einer Vielzahl von Indikatoren besser abschneidet als die USA. Gemessen werden die Arbeits- und Lebensbedingungen anhand von zwölf Dimensionen unter Rückgriff auf über 80...

What do citizens of the United States and Germany think about their schools and schoolpolicies? This paper offers the first broad comparison of public thinking on education in the twocountries. We carried out opinion surveys of representative samples of the German andAmerican adult populations...

A financial system can only perform its function of channelling funds from savers to investors if it offers sufficient assurance to the providers of the funds that they will reap the rewards which have been promised to them. To the extent that this assurance is not provided by contracts alone,...

A financial system can only perform its function of channelling funds from savers to investors if it offers sufficient assurance to the providers of the funds that they will reap the rewards which have been promised to them. To the extent that this assurance is not provided by contracts alone,...

This study was prepared by Annika B. Bergbauer while she was working at the Ifo Center for the Economics of Education. It was completed in March 2019 and accepted as a doctoral thesis by the Department of Economics at the University of Munich in July 2019. It consists of four self-contained...

The level of trust inherent in a society is important for a wide range of microeconomic and macroeconomic outcomes. This paper investigates how individuals' attitudes toward social and institutional trust are shaped by the political regime in which they live. The German reunification is a unique...

What are the long-term effects of Communism on economically relevant notions such as social trust? To answer this question, we use the reunification of Germany as a natural experiment and study the post-reunification trajectory of convergence with regard to individuals' trust and risk, as well...

What do citizens of the United States and Germany think about their schools and school policies? This paper offers the first broad comparison of public thinking on education in the two countries. We carried out opinion surveys of representative samples of the German and American adult...