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German Abstract: In ihrer Studie «Der bilaterale Weg – eine ökonomische Bestandsaufnahme» untersucht die KOF in acht Kapiteln die wirtschaftlichen Auswirkungen der bilateralen Abkommen («Bilaterale») mit der Europäischen Union. Im Fokus steht dabei das Personenfreizügigkeitsabkommen...
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The paper reconstructs the origins of the quantity theory of money and its applications. Against the background of the history of money, it is shown that the theory was flexible enough to adapt to institutional change and thus succeeded in maintaining its relevance. To this day, it is useful as...
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The "law and finance theory" predicts that the common law system provides the best basis for financial development and economic growth, followed by Scandinavian and German origin civil law and finally French origin civil law. This paper summarises the key points of the theory as well as a number...
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