Chapter 1. Literature review: The Digital Currencies in the new Global World Order -- Chapter 2. The Introduction of the Digital Euro from a German Perspective -- Chapter 3. The Digital Euro – just a Digital Form of Cash? -- Chapter 4. CBDCs at the Crossroads: Seizing Opportunities and...

We propose a novel framework that integrates the "task approach" for a more precise production modeling into the search-and-matching model with low- and high-skilled workers, and wage setting by labor unions. We establish the relationship between task reallocation and changes in wage pressure,...

Using representative data from the German Socio-Economic Panel (SOEP), this paper finds a statistically significant union wage premium in Germany of almost three percent which is not simply a collective bargaining premium. Given that the union membership fee is typically about one percent of...

The world of work is experiencing multiple transformations driven by automation and digitalization, environmental changes, (de)globalization, and demographic shifts, among other factors. The effects of the COVID-19 pandemic, worsening geopolitical tensions, environmental disasters and armed...