We hypothesize a particular source of cartel instability and explore its relevance to understanding cartel dynamics. The cartel instability is rooted in the observation that, upon cartel formation, the relative…
We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed and assess their effectiveness to act as an insurance device in the presence of asymmetric…
Germany continues to play a pioneering role in replacing conventional power plants with renewable energy sources. While this might be beneficial with respect to environmental quality, it also implies increasing…
This issue note focusses on distributional consequences of energy sector reform at the household level with a strong focus on energy taxation. Taxation of energy is a prominent instrument in environmental…
The innovation indicator captures the conditions for innovation at the business location Germany and compares these with the worldwide leading industrial states. The innovation performance is captured and…
European countries are currently faced with a variety of challenges, ranging from the new global distribution of economic activity, the diffusion of new, radical technologies to the aging of its population,…
