Ist gesellschaftlicher Wohlstand ohne ökonomisches Wachstum möglich? Dieses Paper gibt einen Überblick über jüngere wissenschaftliche Veröffentlichungen zum Thema. Schwerpunkte sind Begründungen und Ausprägungen von Wachstumsskepsis, alternative Wohlstandsindikatoren und Alternativen zur...

"According to the "compensation theory", market forces should assure a complete compensation of the initial labour-saving impact of process innovations. In this paper a critique of this approach is proposed through a detailed survey of the theoretical and empirical literature on the subject. The...

A healthy financial system encourages the efficient allocation of capital and risk. The collapse of the house price bubble led to the financial crisis that started in 2007. There is a large empirical literature concerning the relation between asset price bubbles and financial crises. I evaluate...

The combination of research and development units following a merger or an acquisition usually requires a broad and widespread integration project to ensure that a company’s innovative capabilities are carried forward into the future. Previous research has shown, however, that the combined...