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Today FDR's New Deal is regarded as the democratic ideal, the positive American response to the economic crisis that propelled Germany and Italy toward Fascism. Yet in the 1930s, these regimes were hardly considered antithetical. Cultural historian Schivelbusch investigates their shared elements...
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First, we demonstrate that structural explanations based on socio-economic factors are insufficient to account for authoritarian regression in two of collapsology’s “crucial cases” – inter-war Germany and post-communist Russia. Instead, (a) a dearth of pro-democratic actors on the elite,...
Persistent link: https://www.econbiz.de/10014192428
This paper asks the question: Why has the ?general-to-specific? cointegrated VAR approach as developed in Europe had only limited success in the US as a tool for doing empirical macroeconomics, where what might be called a ?theory comes first? approach dominates? The reason this paper highlights...
Persistent link: https://www.econbiz.de/10010295269
Over the last few years, worldwide mergers and acquisitions (M&A) have increased sharply both in terms of value and volume. This development has not only been driven by corporate acquirers but also to an increasing extent by private equity investors. In this paper, we analyze differences in...
Persistent link: https://www.econbiz.de/10010297965
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Electric vehicles can reduce carbon dioxide emissions, increase energy efficiency, and help to reduce the dependency on oil imports. However, today's technical and economic challenges are preventing mass-market adoption. In order to create an early market and support economies of scale in...
Persistent link: https://www.econbiz.de/10010301557
This paper investigates interregional differences in cooperative behavior of manufacturing establishments in the field of research and development (R&D). The empirical analysis for eleven European regions reveals a number of significant differences between these regions in the propensity to...
Persistent link: https://www.econbiz.de/10010305672