With an increasing number of independent central banks, accountability of central banks is also getting more attention. This paper analyses the possibility of introducing instruments of central bank…

• Economic Expectations Indicator Improves by 3.5 Points, Reaching a Neutral Level
• Eurozone: Interest-Rate Hike on the Horizon
• USA: Economic Recovery Anticipated
• Japan: Moderate Economic Growth
• Great Britain: Awaiting…

Das 20. Jahrhundert war im besonderen Maße von der Entstehung und rasanten Verbreitung neuer Technologien geprägt. Neben der Informations- und Kommunikationstechnologie wurde die Biotechnologie als zukünftige,…

The aim of this paper is twofold. First, we want to examine whether and if so, to what extent, the concept of International Financial Reporting Standards (IFRS) meets the requirements of a Common Consolidated…

Over the past decade, sustainable or “green” innovation has occupied a top-ranking position on the agenda of many firms. Sustainable innovation can be broadly defined as an innovation that has to consider…

• Results of the First Survey: Strong Economic Situation in CEE States
• A Slightly Positive Outlook for the Eurozone, a Better one for the CEE States
• Strong Current Economic Situation in the Czech Republic and…

Description and evaluation of the German tax reform in 2008 decided by the Federal Government on 14th March 2007.

• Anhaltende Dynamik der konjunkturellen Entwicklung in Deutschland
• Die voraussichtliche Lage in der EWU
• ZEW-Finanzmarkttest: Ergebnisse der Maiumfrage 2007
• Dienstleister der Informationsgesellschaft: Unternehmen…

We present a simple two-steps procedure for a within-subject test of the inequity aversion model of Fehr and Schmidt (1999). In the first step, subjects played modified ultimatum and dictator games and were…