The debate on the immigration policies in OECD countries has turned its attention towards illegal migrants. Given that migration flows are determined by immigration laws, the probability of potential detection, penalties for unauthorised migrants and their employers, and on income differences...

Genau wie die Sorge den Arbeitsplatz zu verlieren oder schwer zu erkranken, gehört auch die Furcht, Opfer einer Straftat zu werden, zu den größten Ängsten der Deutschen. Wohlstandsindikatoren, die als Alternative zum BIP diskutiert werden, beinhalten daher nicht nur Arbeitslosigkeit und den...

Offenders are more likely than non-offenders to be victims, and victims are more likely than non-victims to be offenders. The overlap between offenders and victims is not well understood in criminology, and in the economics of crime the stylized empirical fact is even widely ignored. The paper...

This article focuses on the relationship between the Dollar and the German stock market. Since there is only weak significance of a stable bivariate long-run relationship, relevant information sets are limited to shorter periods. Using rolling regressions, the results show that direction and...