Many countries with national health care providers and health insurances regulate the market for pharmaceuticals to steer drug demand and to control expenses. For example, they introduce reference pricing or tiered co-payments to enhance drug substitution and competition. Since 2006, Germany...

Development economists have enjoined Africans to leverage on remittance as their main source of investment financing due to its constant and undisrupted inflows despite structural distortions and economic weaknesses compared to other sources of financial flows in recent time. This ignited the...

Business opportunities-as reflected in the size and growth potential of markets-are the most powerful drivers of foreign direct investment. But investment climate features such as strong institutions and investor friendly regulations also matter and may even boost the development impact of the...

Ziel dieses Papers ist es, die derzeitige Diskussion bzgl. des sog. Merit-Order Effektes der erneuerbaren Energien auf den Strompreis kritisch zu beleuchten. Veröffentlichungen, welche diesen Effekt quantifizieren, weisen für die Jahre 2005 und 2006 einen Großhandels-Strompreis senkenden...

Economic theory does not provide sharp predictions on the welfare effects of banning wholesaleprice discrimination: if downstream cost differences exist, then discrimination shifts productioninefficiently, toward high-cost retailers, so a ban increases welfare; if differences in price...