The Expert Group on Linking Macro and Micro Data for the household sector (EG-LMM) was established in December 2015 within the European System of Central Banks (ESCB) with the aim of comparing and bridging macro data (i.e. National Accounts/Financial Accounts) and micro data (i.e. the Household...

Carbon pricing is a key instrument for achieving Europe's ambitious climate targets. It is therefore not surprising that reform of the EU carbon market is at the heart of the measures proposed by the European Commission (EC). One important policy innovation would be the introduction of a second...

Zur Umsetzung des Europäischen Green Deals plant die Europäische Kommission im Juli 2021 eine umfangreiche Erneuerung der europäischen Klimaschutzinstrumente. Im Rahmen des Fit-For-55-Pakets sind 12 regulatorische Einzelmaßnahmen - von einer Erneuerung der Energieeffizienzstandards bis zu...

Mit der Einführung der EU-Taxonomie möchte die Europäische Kommission den Grundstein zur Finanzierung nachhaltigen Wachstums und zur Umsetzung der europäischen Klimaziele legen. Die für die Umsetzung des EU Green Deals erforderlichen Investitionen für Umwelt- und Klimaschutz bis 2050 sind...

Die Corona-Krise hat die sozialen Probleme in Europa schonungslos offengelegt und deutlich gemacht, wie unverzichtbar eine Stärkung der sozialen Dimension der EU ist. Der Report zeigt auf, welche Schritte dafür notwendig sind. Ziel ist eine Stärkung der Säulen des Europäischen...

The European Central Bank (ECB) is currently conducting a review of its monetary policy strategy. The last formal review took place in 2003. Now the focus is on the extent to which this strategy has contributed in recent years to fulfill the mandate set out in the Treaties of the European Union...

This paper examines the transition process within Eastern Europe and the integration process with the EU and shows that the requirements for the transition towards a market economy overlap with the requirements for EU accession. Furthermore, the economic situation of the candidate countries is...

Using dynamic panel estimations, this paper identifies driving forces of venture capital activity for Western European countries. Driving forces might be the liquidity of stock markets, human capital endowment, and labour market rigidities. The paper shows that these factors do not affect...