Mehr Wirtschaftswachstum bringt mehr Geld. Wer mehr Geld hat, kann sich Wünsche besser erfüllen. Aber machen ein Sportwagen oder eine Luxusyacht glücklich? Forschungsergebnisse sagen: Nein! Mathias Binswanger macht deutlich, dass wir in einer Gesellschaft leben, die Glück geradezu...

This paper investigates whether the degree and the nature of economic and monetary policy interdependence between the United States and the euro area have changed with the advent of EMU. Using real-time data, it addresses this issue from the perspective of financial markets by analysing the...

This brief reviews the evolution of the US and the European labour markets since the beginning of the financial crisis. In the US, the unemployment rate and the share of long-term unemployment grew very fast, during the crisis, thereby reaching levels close to those in the EU. Does that mean...