"Die meisten Menschen sind die meiste Zeit über glücklich" stellt in einer Zusammenfassung vieler empirischer Studien Biswas-Diener (2009) fest. Sogar nach einschneidenden Negativerlebnissen wie Arbeitslosigkeit oder dem Verlust des Partners passen sich die meisten Menschen recht schnell an...

This paper assesses the limitations that the Stability and Growth Pact has imposed on Italy's economic recovery and its debt reduction. By evaluating Germany's fiscal policy since 1997, the paper offers recommendations for the Italian authorities. Measures put forward by European Union...

This paper analyses the distributive impacts of various regulatory and institutional settings of European schemes of social assistance. For this purpose, two sets of classifications of European schemes of social assistance are introduced that classify the systems according to regulatory...

This paper summarizes the main findings of the literature on the relationship between financial and economic development (the known knowns), points to directions for future research (the known unknowns), and then speculates on the third Rumsfeldian category. The known knowns section organizes...

Recent contributions to the literature of national innovation systems (NIS) reflect growing research interests in cross-country comparisons, in particular so in performance comparisons across national innovation systems. Although such comparisons differ significantly in terms of methodological...

This paper deals with the effects of labour market institutions on labour market performance. We analyse as an indicator for the labour intensity of output growth the employment threshold (the minimum growth rate of output necessary to keep employment constant). We show for a sample of 17 OECD...