Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more up-to-date. However, for many emerging and developing countries there is a lack of such surveys. This gap can, at least partly, be filled by the Ifo World Economic Survey (WES)....

In this paper, we examine the role of global and domestic credit supply shocks in macroeconomic fluctuations for Emerging Markets. For this purpose, we impose a set of zero and sign restrictions within a medium-scale Bayesian Vector Auto-Regressive model. Quarterly data from South Africa and G-7...

Dieses Papier diskutiert das System der Lastenverteilung des Greenhouse Development Rights-Modells. Nach dem Modell müssen alle Länder einen Beitrag zum Klimaschutz leisten. Aber den wohlhabenden und emissionsintensiven Ländern wird ein überproportional hohes Minderungsziel abverlangt, damit...