This paper discusses the externalities and market failures in cryptocurrency markets. In particular, I highlight the significant environmental externalities created by Proof-of-Work (PoW) cryptocurrencies, the most prominent of which is Bitcoin. The main goals of this paper are to quantify these...

The study investigates the effects of Cohesion Policy (CP) which occur in a country other than the one in which CP resources were actually spent. The study estimates that macroeconomic spillovers significantly contribute to the impact of CP. Spillovers directed to EU countries represent around...

Dieser Beitrag liefert erste umfassende empirische Evidenz darüber, welchen Einfluss die Pandemie auf die Wahrnehmung von Klimawandel und Klimapolitik hat, inwieweit die Befragten gesundheitlich und finanziell betroffen sind sowie zur Einschätzung von klimapolitischen Aspekten bei...

We develop a new modelling approach combining micro and macro simulations to analyse distributional and stabilizing effects of a European Unemployment Benefit System (EUBS). We run counterfactual simulations based on micro data for the period 1995 to 2013 to estimate net contributions for...

Recently, some influential empirical studies found evidence in favour of a negative relationship between income inequality and economic growth, implying the conclusion that inequality reducing policies will foster economic growth. The studies have in common that they all rely on the System GMM...

Die zunehmende Ungleichheit in Deutschland habe zu weniger Wirtschaftswachstum geführt: So lautet das Ergebnis einer OECD-Studie, die in Verteilungsdebatten immer wieder zitiert wird. Doch Replikationen dieser Schätzungen zeigen, dass dieser Befund für Deutschland nicht haltbar ist. Zwar...

Dieses Diskussionspapier beleuchtet die PRME-Verpflichtung der Hochschule Pforzheim und die daraus resultierenden Probleme (Abschnitt 2) aus vier Perspektiven: der erkenntnistheoretischen (Abschnitt 3), der erfahrungswissenschaftlichen (Abschnitt 4), der juristischen (Abschnitt 5) und einer...

With reference to the use of material and energy resources, we seek to • underline the need for a marked socio-ecological transition. Business-as-usual will fail in the face of an unprecendented rise in global demand, a rising price level and volatility of raw materials and indications of...

This dissertation deals with the complex and multifaceted issue of climate change and climate policy. Since the problem touches upon many disciplines and also subfields within economics, the present study tries to bridge the gaps between different areas and dimensions of economic analysis....

The periodically returning debates and the disappointing bargaining on the financial perspectives for 2007-2013 have led to the proposal of a comprehensive review of the EU budget in 2008/2009. This provides an opportunity for initiating fundamental reforms of the revenue side of the EU budget....