Von der Steinzeit bis zum frühen Mittelalter: Auch das Wirtschaften hat mal klein angefangen -- Taler, Taler, du musst wandern – das war im Mittelalter manchmal nicht ganz einfach -- Auf dem Weg in das 20. Jahrhundert wandelt sich das Wirtschaften – neue Spielregeln entstehen -- Das große...

The paper contributes to the globalization debate by scrutinizing the international spillover effects which are provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For this purpose a two-country model with imperfect...

Processes of regional economic integration have been shaping the economic relations between countries significantly during the last decades. In addition, an increasing integration of the national economies into the global economy has affected these economic relations, too. In an effort to...

Are the characteristics of the exchange rate regime relevant for the degree of fiscal discipline? What are the conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this paper from a theoretical point of view. After a general...

National and multinational companies coexist in many sectors of all developed countries. However, economic models fail to reproduce this fact because of the assumption of symmetry between companies. To show that the symmetry assumption is the reason for this failure, a two-country general...