We integrate an overlapping generations model into a new monetarist framework and show that the Friedman rule is not optimal. This is because inflation makes saving for retirement less attractive, such that young agents optimally choose to increase their consumption at the expense of lower...

Wie verstehen Organisationen Kontexte, welche schlicht noch gar nicht existieren? Diese Dissertation untersucht mit einer Strategy as Practice Perspektive wie strategisches Sensemaking in Bezug auf zukünftige Situationen und entstehende Kontexte stattfinden kann. Während sich die existierende...

This paper examines the implications associated with a recent Supreme Court ruling, Kelo v. City of New London. Kelo can be interpreted as supporting eminent domain as a means of transferring property rights from one set of private agents - landowners - to another private agent - a developer....

This paper examines the implications associated with a recent Supreme Court ruling, Kelo v. City of New London. Kelo can be interpreted as supporting eminent domain as a means of transferring property rights from one set of private agents - landowners - to another private agent - a developer....

This paper examines the implications associated with a recent Supreme Court ruling, Kelo v. City of New London. Kelo can be interpreted as supporting eminent domain as a means of transferring property rights from one set of private agents — landowners — to another private agent — a...