Two conversion schemes may be employed for assessing income inequality from household equivalent incomes: to weight household units by size or by needs. Using data from the Luxembourg Income Study, we show the sensitivity of country inequality rankings to conversion schemes and explain the...

Most EU member states will adopt fiscal rules that refer to cyclically-adjusted borrowing limits. Under the standard cyclical adjustment procedure, trend increases in public debt based on cyclical components are prevented if the real-time output gaps used to calculate cyclical components balance...

Mit RFID steht seit wenigen Jahren eine Technologie zur Verfügung, die einerseits ein großes wirtschaftliches Potential besitzt, mit deren verbreitetem Einsatz andererseits jedoch auch datenschutzrechtliche Risiken einhergehen. Seit Mai 2009 existiert eine Kommissionsempfehlung zu diesem...

The text is intended to give a flavour of a speech given by Jacqueline Mills, Senior Adviser Leaseurope, during the annual meeting of the German Leasing Research Institute. She reported that the European leasing market was the largest market in the world in 2007. Lessors in Europe granted new...

This paper examines cartel overcharges for the European market. Using a sample of 191 overcharge estimates and several parametric and semi-parametric estimation procedures, the impact of different cartel characteristics and the market environment on the magnitude of overcharges is analyzed. The...

At first glance, the social purpose and the democratic potential of the EU have made progress in the last 15 years. However, this impression is misleading. We argue instead that the social and democratic potentials of the EU are crucially shaped by the heterogeneity of European varieties of...

We provide an empirical assessment of EC cartel enforcement decisions between 2000 and 2011. Following an initial characterisation of our dataset, we especially investigate the determinants of the duration of cartel investigations. We are able to identify several key drivers of investigation...