The rise of a crisis-prone banking sector and its political power has received significant attention following the most recent financial crisis. The crisis sparked a growing interest in understanding how and why we have created a world of large, unstable banks. Excessive banking activity arose...

This volume was prepared by Inga Heiland while she was working at the Ifo Institute. It was completed in July 2016 and accepted as a doctoral thesis by the Department of Economics at the University of Munich. It comprises five chapters addressing one or more aspects of international trade and...

This volume was prepared by Benedikt Heid while he was working at the ifo Institute and the University of Bayreuth. It was completed in December 2013 and accepted as a doctoral thesis by the Department of Economics at the Ludwig-Maximilians-Universität München. It includes six self-contained...

This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...

Die vorliegende Arbeit analysiert im Rahmen allgemeiner Gleichgewichtsmodelle offener Volkswirtschaften mögliche Wechselwirkungen zwischen zunehmender wirtschaftlicher Integration und national bzw. supranational bestimmter Umweltpolitik. Die Arbeit gliedert sich in 3 Teile. Der erste Teil der...

The phenomenon of child labor is widespread in developing countries and emotionally discussed in the media and public. At present there is a well-developed and fast growing economic literature on child labor which covers the various aspects of child labor. In the first part of the thesis we give...

Beside its membership (1995) in the World Trade Organization (WTO), Egypt joined Regional Trade Agreements (RTAs) such as the Greater Arab Free Trade Area (GAFTA) in 1997, the Common Market for Eastern and Southern Africa (COMESA) in 1998, the European-Mediterranean Partnership Agreement...