This study analyzes the sensitivity of US giving to both business cycle fluctuations and trend growth. With tax revenues as a point of reference, US giving constitutes a relatively stable source of revenue. Total giving is characterized by a business cycle volatility which is comparable to the...

This study analyzes the sensitivity of US giving to both business cycle fluctuations and trend growth. With tax revenues as a point of reference, US giving constitutes a relatively stable source of revenue. Total giving is characterized by a business cycle volatility which is comparable to the...

In this paper, we address the impact of surging unemployment on online public good provision. Specifically, we ask how drastically increased unemployment affects voluntary contributions of content to the online encyclopedia Wikipedia. We put together a monthly country-level data set, which...

In a wide variety of social settings (e.g. crime, education, political activism, technology adoption), players' returns to their efforts depend on how much effort others exert. Modeling these situations as a network game with strategic complementarities, we show that a player's cycle centrality...

We explore the role of the composition of government spending for the cyclical properties of fiscal variables and for the volatility of the business cycles. In the U.S., the fraction of mandatory spending in total government outlays increased from around 0.40 to 0.60 during the last 50 years,...

The cyclicality of economic recessions worsens fiscal stability and increases vulnerability to future shocks. This paper argues that there is need to center the concept of resilience (Boin & Van Eeten, 2013; Duit, 2016) as a frame for public financial management. The study introduces a theoretical...

Economic restructuring provides an opportunity for socially valuable product and process innovation. However, it's not clear whether displaced workers engage in socially useful activities as well. This question is particularly pressing when the advancement of computer technology creates the...

Die Hochkonjunktur, in der sich die deutsche Wirtschaft seit vergangenem Jahr befindet, hat an Schwung verloren. Insbesondere die außenwirtschaflichen Risiken haben deutlich zugenommen. Im laufenden und im kommenden Jahr wird nunmehr mit einem Zuwachs des realen Bruttoinlandsprodukts von 1,8 %...

Die ostdeutsche Wirtschaft bleibt auf Wachstumskurs. Jedoch lähmten im ersten Quartal Streiks und die Grippewelle die Produktion. Zudem nahmen die weltwirtschaflichen Risiken wieder zu, wodurch die Unternehmen geplante Investitionen auf-schieben dürfen. Diese Effekte bremsen das Wachstum....

Nach einer kurzen Verschnaufpause zu Jahresbeginn hat die deutsche Wirtschaft wieder an Schwung gewonnen. Für das laufende und das kommende Jahr ist mit einem Anstieg des realen Bruttoinlandsprodukts von jeweils 1,9% zu rechnen, bevor sich die Konjunktur im Jahr 2020 allmählich abschwächen...