While the financial protection measures enacted by the ECB and the community of Eurozone members have calmed financial markets, they have left the competitiveness problem of the Eurozone's southern countries and France unresolved. The paper compares price inflation before the crisis with the...

While the financial protection measures enacted by the ECB and the community of Eurozone members have calmed financial markets, they have left the competitiveness problem of the Eurozone's southern countries and France unresolved. The paper compares price inflation before the crisis with the...

Governance- und Wettbewerbstheorien -- Institutionell-strategische Analyse des europäischen Profifußballs -- Systemvergleich der Bundesliga und Premier League -- Empirische Erfolgs- und Effizienzanalyse der Big-5-Ligen -- Profifußball zwischen Kultur und Kommerz.

We reassess the result of unsustainability of the euro with respect to inflation differentials claimed by Wickens (2007) by specifying an open-economy version of a two-region New Keynesian model for EMU and demonstrate that the result by Wickens does not hold in general. We are able to derive a...

In this paper, I study how anti-corruption shocks affect Chinese city leaders through political factions or social networks, or more specifically, how sharing college or workplace connections with government officials who have been investigated for corruption affects the city leaders' economic...

The nineteenth century was a time of substantial changes in the patterns of economic growth and the structure of and allocation of political rights. The concurrence of these changes is not coincidental. We develop a model in which ideological parties representing elites use the allocation of...