Die Bundesnetzagentur hat im Rahmen der Frequenzvergabe 2019 für den Mobilfunk die Netzanbieter verpflichtet, einen bestimmten Versorgungsgrad der Bevölkerung zu erreichen. Erstmals wurden dabei auch Kooperationen zwischen verschiedenen Netzanbietern erlaubt. Es wurde jedoch offengelassen,...

In this paper the strategic transport policy assessment instrument HIGH-TOOL is presented. The model has been developed for the European Commission, allowing policy-makers to identify the most advantageous transport policies and to strategically evaluate the impacts of transport policies on...

As part of the 2019 frequency allocation process for mobile communications, the Federal Network Agency required network providers to achieve a certain level of mobile network coverage for the population. Cooperation between different network providers was also permitted for the first time,...

The most important policy instruments of the Bundesbank and of the coming European Central Bank involve lending to domestic credit institutions. In this monetary setup, banks use short-term central bank credits extensively in order to refinance long-term loans to the public, which makes them...

This book provides a balanced presentation of international trends in infrastructure regulation and financing. Based on recent developments in microeconomic theory, it comprehensively discusses the role of the state and the private sector in infrastructure provision.

We examine the role of expectations for interest rates on mortgage loans. Our empirical results, based on cointegration tests, indicate a violation of the expectations hypothesis on the German loan market. In contrast to the capital market, a failure of the expectations hypothesis on the loan...