The book analyzes the German welfare state. It starts from a theoretical perspective and then develops changes in social security, public health care, and unemployment insurance.

The book offers a compehensive account of traditional and more recent developments in macroeconomic theory. It is written primarily for students at the intermediate level.

The book offers a comprehensive treatment of tax theory and policy. It surveys the German tax system, portrays tax history, and describes principles of tax administration and the construction of schedules. Tax shifting, optimal taxation theory, and questions of tax justice are considered in...

The book compares funded and unfunded pension schemes. This is done within a simple overlapping generations framework.

Europa befindet sich gegenwärtig in einer problematischen Lage. Die Schulden der Euro-Peripherieländer wachsen beständig. Vor allen Dingen haben manche Länder Löhne und Preise, die weit von ihrem wettbewerblichen Niveau entfernt sind. Die Zahlungsbilanzdefizite verschwinden nicht, und die...