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This paper investigates recent developments in meta-analysis, the tool to quantitatively synthesize research in a certain body of literature. After providing a brief overview on how to do a meta-analysis and discussing recent methodological advancements in the field, I review applied...
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"We analyze the setting of monetary and nonmonetary policies in monetary unions. We show that in these unions a time inconsistency problem in monetary policy leads to a novel type of free-rider problem in the setting of nonmonetary policies, such as labor market policy, fiscal policy, and bank...
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Electoral support for social democracy in Western Europe is in free fall. The implosion of social democracy is largely self- inflicted, because 'Third Way' social democracy alienated its traditional supporters by (a) a deliberate move to the non- reformist, status-quo oriented macroeconomics of...
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-- Arbeitsmarktpolitik -- Ein abgestimmtes Konzept zur Krisenbekämpfung -- Folgen für die Wirtschaftspolitik. …. Im Ergebnis zeigt sich, wie wichtig die Geldpolitik ist, um Panik und Unsicherheit rasch bekämpfen zu können. Sie kommt … aber schnell an ihre Grenzen, wenn sie nicht von einer aktiven Fiskalpolitik und einer Arbeitsmarktpolitik flankiert wird …
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