Den Landesbanken fehlt ein sinnvolles und tragfähiges Geschäftsmodell. Die internationale Finanzkrise hat dies in aller Schärfe deutlich gemacht. Bereits vor der Abschaffung der umfassenden staatlichen Haftungsbedingungen im Jahr 2005 galten einzelne Kreditinstitute aus der Gruppe der...

Eine leistungsfähige Breitband-Infrastruktur trägt unbestritten zu Wachstum und Beschäftigung bei. In Deutschland ist die Breitband-Infrastruktur im internationalen Vergleich nur von durchschnittlicher Qualität. Um dies zu verbessern, sieht die Breitbandstrategie der Bundesregierung sowohl...

This paper analyses technical efficiency of local electricity distribution in Italy (1994, 1996) by using both econometric (deterministic frontier, stochastic frontier) and linear programming (Data Envelopment Analysis) tools. Cross-sectional data were examined with respect to:(a) ENEL - the...

This paper documents the impact of voter turnout on top marginal tax rates in the 34 OECD countries for the period between 1974 and 2014. Across a number of specifications, I find that increases in voter turnout have a positive and statistically significant effect on top tax rates. This finding...

Relying on the present literature, official statistics, and household survey data in the People's Republic of China, this paper summarizes research findings on the relationship between urbanization, urban-rural inequality, and poverty, and provides further empirical evidence on the role of...

This paper examines the relationship between mega-regional trade Agreements and diet-related health given that such Agreements aim to liberalize 'substantially all trade and investment' that could potentially impact on health through tariff elimination and stronger intellectual property...

In this paper we will analyze the failure of the National Bank of Moldavia, a bank that was chartered by the Principality of Moldavia in 1856, to act primarily as a privileged source of liquidity for its economy. Although the project of a state chartered, privileged bank was planned many years...

Children growing up in disadvantaged neighborhoods tend to perform significantly worse in school compared to children growing up under more favorable circumstances. We examine the impact of a three-year program ("Coaching for Teaching") targeted at ten poorly performing lower secondary schools...