Most governments in today's market economies spend significant sums of money on labour market programmes. The declared aims of these programmes are to increase the re-employment chances of the unemployed. This…
This book investigates whether a lack of wage flexibility is at the root of the unemployment problem in West Germany. In the presence of a skill bias in labor demand, only the choice between higher wage…
During the next few years, the German football industry will changedramatically. New distribution channels and initial public offerings willlead to large inflows of capital and hence funds for investment.…
This paper challenges the assertion that European politics would be closer to the citizens preferences if decision power were transferred from the Council of Ministers to the European Parliament. On the one…
We use a stylized model to show that, if transfers to the poor are founded on a security argument, there is a negative trade-off between law enforcement expenditures and criminality. In contrast, if transfers…
The paper considers governments' public procurement decision as a way of influencing industry structure. In a federation in which capital is mobile and capital taxation is harmonized, a home bias in public…