• German High-Tech Sector Continues to Be Buoyant
• Consumers Worried about Genetically Modified Foods despite Labeling
• Rainforest Conservation Reduces Costs of International Climate Policy
• EU Parliamentarians with…

In the paper we describe in detail how to build linked CGE-microsimulation models (using fictitious data) following three main approaches: one in accordance with the fully integrated approach and the other two…

• Downward movement of the Economic Expectations for CEE Slows Down
• Poland and Slovakia: Economic Expectations Keep on Recovering
• Economic Expectations for Croatia Improve Significantly
• Special Question: Credit…

In a constantly changing economic environment a country's ability to undertake institutional reforms is crucial to maintain economic growth and to promote the welfare of its citizens. A wide range of…

Public procurement has been at the centre of recent discussions on innovation policy on both European and national levels (e.g., Aho-Report, Barcelona Strategy). It has a large potential to stimulate…

• Konjunkturelle Dynamik lässt nach
• EZB: Auch nach dem Zinsschritt bleiben Inflationsrisiken
• USA: Experten erwarten Zinserhöhungen durch die Fed
• Japan: Tankan-Bericht zeichnet trübes Bild der Konjunktur
• Großbritannien…

In this paper we use a simple bureaucracy model of fiscal illusion to analyze the impact of intergovernmental grants on the cost effciency of local jurisdictions. We find that a higher degree of redistribution…