Although Europe has seen major growth in defined contribution (DC) plans, there has not been a uniform development across countries. The importance, form, regulation and product requirements of DC differ…
Due to substantial international interdependence, economic activity for specific countries cannot be analyzed without a close look on the development of the world economy. However, indicators that reflect …
In recent years, the European real estate markets have been affected by a growing capital market orientation. This is evident, on the one hand, from the financing behaviour of property companies which…
The job market today seems more resistant to crises than it did at the dawn of 2005. Signs of this improvement in market health are supported by the change in long-term unemployment, which is showing a…
Real estate markets are of high overall economic importance. Around 20 percent of overall value added can be traced to real estate activities. The major part of private wealth is held in real estate. In spite…
This project aims at analysing the development of the factor income distribution in Germany and other industrialised countries. In particular, it investigates the role of wage moderation, globalisation,…
The project deals with the topic „Long-run perspectives for the recoverability of residential real estate”. In the long run, the value of real estate depends on a multitude of factors. This project aims at…
The project empirically investigated whether the launch of the EU emissions trading scheme has granted electric utilities strategic options to exert market power. To this end, two methods were used: Laboratory…
This project focuses on typical transaction costs which are faced by investors when they shift the components of their mutual fund portfolios. In consideration of the flat-rate savings tax (Abgeltungsteuer), …