The standard BRANSON model is modified in a way which allows to focus on the short term dynamics of foreign bonds markets, the money market and the stock market - or alternatively the oil market. This allows to explain the dynamics of the exchange rate and the oil price within a portfolio choice...

This paper analyzes the link between structural change, growth and bazaar effects in the context of open economies. At first we consider the theoretical basis of structural change and discuss the interdependencies between trade, foreign direct investment and innovation dynamics. The empirical...

The standard BRANSON model is modified in a way which allows one to focus on the short term dynamics of foreign bonds markets, the money market and the stock market - or alternatively the oil market. This allows us to explain the dynamics of the exchange rate and the oil price within a portfolio...

The Analysis puts the focus on links between EU-integration and globalization. The EU is active in the process of globalization, particularly through the EU single market and EU eastern enlargement. As regards major other impulses for economic globalization the focus is on technological progress...

Key aspects of economic growth and sustainable consumption are highlighted in the context of a modified neoclassical growth model. If we consider the topic of optimum growth in a broader context the notion of efficient specialization - in accordance with relative factor endowment - has to be...

Der Beitrag geht von der Beobachtung aus, dass es um die Akzeptanz der empirischen Wirtschaftsforschung in der Politikberatung nicht gut bestellt ist. Es wird argumentiert, dass die Ursachen dafür sowohl auf der Nachfrageseite nach Politikberatung als auch auf der Angebotsseite für empirische...

Telecommunications is a key element of the ICT sector which has been shaped by strong innovation dynamics since the 1990s. Market dynamics in selected OECD telecommunications markets are analyzed. We present new ideas about efficient regulation, emphasizing the need to adopt a broader...

We look into liberalization issues in the context of the EU Electricity Liberalization. Taking a look at principal issues reveals that the Community Directive 96/92/EC does not really take into account the interdependencies of energy markets. Moreover, third party access is not effectively...

Die vorliegende Analyse thematisiert die Bankenkrise bzw. die Krise der Finanzmarktaufsicht in Deutschland in 2007. Im Anschluss an eine Skizzierung der Hauptprobleme werden zahlreiche Schlussfolgerungen vorgestellt, die auf eine nationale und internationale Reform der Finanzmarktaufsicht...

This paper presents key figures on innovativeness and export dynamics in selected OECD countries and develops some new ideas on optimum R&D policies in open economies. We take a look at some selected indicators of technological and economic competitiveness in the field of RCAs and export unit...