The ultimate objective of macroprudential policy is to contribute to financial stability by curbing the build-up of systemic risks and alleviating negative outcomes for the economy should risks materialize . Measuring and communicating whether policy goals are achieved is challenging, as...

The European Union (EU) has pursued an ambitious agenda for regulating the digital economy, and it is now planning to establish a new package of regulations, including the Digital Markets Act (DMA), the Digital Services Act (DSA), and a new regulation of Artificial Intelligence (AI). These...

This volume represents some of the Proceedings of the Annual Meeting of the Research Committee on Development Economics (Ausschuss für Entwicklungsländer) of the German Economic Association (Verein für Socialpolitik) held in Cologne, Germany, in July 2004. The meeting focused on the...

Energiemärkte sind längst Dauerbrenner der öffentlichen wie wissenschaftlichen Regulierungsdebatte geworden. Immer wieder wird die Frage nach effektivem Wettbewerb in der Energieversorgung kontrovers beantwortet, nicht zuletzt unter dem Eindruck steigender Energiepreise. Neben einer rein...

Der vorliegende Sammelband enthält Referate, die auf der Jahrestagung 2003 des Ausschusses für Entwicklungsländer des Vereins für Socialpolitik in Hamburg gehalten wurden. -- Im Mittelpunkt steht die Beurteilung der Entwicklungszusammenarbeit (EZ). Einen ersten Schwerpunkt bilden die in der...

This report provides new projections, to 2026, of remote work rates and the accompanying macroeconomic implications for the EU27, Switzerland, Iceland, Norway, Republic of North Macedonia, Turkey and the UK. Remote work covers a range of practices but few are straightforward to quantify...

This working paper is intended to shed light on a pressing issue: the apparent growth-dependency of European welfare states at a time of weak growth prospects and strong criticisms of growth. Indeed, while the notion of going beyond GDP growth is gaining momentum in the European Union, as...

In this paper, we examine the prospects for, and implications of, the dollar's continued pivotal role in the international financial system. We find, first, that the dollar remains dominant by a wide margin and will likely retain its dominance for the foreseeable future-none of the other...