Thomas Piketty's Capital in the Twenty-First Century is the most widely discussed work of economics in recent history, selling millions of copies in dozens of languages. But are its analyses of inequality and economic growth on target? Where should researchers go from here in exploring the ideas...

With the increasing frequency and intensity of extreme weather events due to climate change, assessing the potential long-term effects of these events for affected households is critically important. This study analyzes to what extent a one-off extreme weather event can have persistent effects...

Or Paradox Regained? The answer is Paradox Regained. New data confirm that for countries worldwide long-term trends in happiness and real GDP per capita are not significantly positively related. The principal reason that Paradox critics reach a different conclusion, aside from problems of data...

In diesem Aufsatz wird der ökonometrisch geschätzte Beitrag von Preisniveaustabilität, Beschäftigung und Wachstum zum subjektiven Wohlergehen (Well- Being) verwendet, um einen Erfolgsindex für die makroökonomische Performanz der EU12- Länder im Zeitraum 1990-2009 zu ermitteln. Durch einen...