Räumliche versus sektorale Steuerung der Wirtschaft - ein Konzept - Eine wirtschaftshistorische Analyse lokaler Produktionssysteme in der Emilia-Romagna und in Baden-Württemberg - Die Governance-Strukturen lokaler Produktionssysteme in den achtziger Jahren: Bologna und Stuttgart im Vergleich -...

We estimate a New Keynesian DSGE model on French, German, Italian, and Spanish data. The main aim of this paper is to check for the respective sets of parameters that are stable over time, making use of the ESS procedure ('Estimate of Set of Stable parameters') developed by Inoue and Rossi...

The expansion of Western European production accelerated in the first half of 1997. Exports were the main engine, driven by a devaluation of European currencies and strong growth abroad. Domestic demand also picked up somewhat led by investment in machinery and equipment. Inflation remained at...

Research efforts towards new energy sources and towards the efficiency of energy use will be vital to reducing CO2 abatement costs in the long term. Can such efforts be induced by price instruments? Economists often cite induced technological change as a possible consequence of environmental...