This paper uses the findings of a very recent major international research collaboration on the impact of federal arrangements on the development of the welfare state to explore the possibilities of progress beyond Europe's present diversity of nation-state welfare standards. These findings -...

Eine zentrale Aufgabe der Föderalismuskommission II besteht in der Suche nach geeigneten institutionellen Rahmenbedingungen für eine wirksame Begrenzung der Verschuldung von Bund und Ländern. Welche Erfahrungen wurden im Ausland mit Haftungsbegrenzungen von Staatsschulden gemacht? Wäre...

This paper analyzes the stabilizing properties of alternative monetary policy regimes. In practice there is a choice between two broad types of monetary policy regimes: a fixed exchange rate regime or a floating exchange rate regime. In this paper I compare exchange rate targeting with different...

This paper explores the hypothesis that wage differentials between skill groups across countries are consistent with a demand and supply framework. Using micro data from 15 countries we find that about one third of the variation in relative wages between skill groups across countries is...