This paper takes a look at the effects of mergers in continental Europe over the past 15 years. We use a large panel of data on mergers to test several hypotheses. The effects of the mergers are examined by comparing the performance of the merging firms with control groups of non-merging and/or...

Die Bürgerinnen und die Bürger können im Staat nicht alles selbst entscheiden. Sie brauchen Repräsentanten. Charles B. Blankart, Humboldt-Universität zu Berlin und Universität Luzern, und Dennis C. Mueller, Universität Wien, stellen in ihrem Kommentar fünf Regierungsmodelle vor und...

Considerable concern has been expressed in recent years about declines in voter participation rates in the United States and in several other major democratic countries. Some feel low participation rates introduce a class bias into the political process and thereby worsen the outcomes from it....

This paper employs the methodology of "constitutional political economy" to examine the definition of citizenship, and the delineation of the rights that accompany citizenship. The concepts developed are then applied to the question of how rights and citizenship should be defined in the European...