Bøker i Kieler Studien - Kiel Studies-serien

The integration of the Central and Eastern European transition countries into the European Union is one of the most exciting economic policy issues of today. Furthermore, he estimates the potential income and welfare effects of EU integration for Poland, the largest transition country with EU candidate status.

This book offers a framework for analyzing the increased economic integration of countries which is mainly driven by multinational enterprises.

The question whether investment subsidization as a core policy instrument is a suitable measure to initiate a self-sustaining upswing in the Eastern German economy and an improvement of living standards has been reason for dispute since the beginning of transition.

This book offers a new explanation why venture capital in investments differ substantially between countries. By contrast, this book shows by using simulations of a general equilibrium model that interactions between venture capitalists' reputation building and experience accumulation lead to different levels of venture capital investments.

This book analyzes the dynamic macroeconomic effects of public capital in industrialized countries. The theoretical analysis based on a dynamic general equilibrium model shows that the effects of public capital depend crucially on the way the government chooses to finance additional spending.

The internationalization of financial markets is one of the focal points in the discussion about recent globalization trends. Also, the book uses European financial integration as a case study for general integration trends.

The year-long consultations on Basel II mirror the international popularity of capital requirements as a regulatory instrument. Yet, the impact of capital requirements on banks' behavior is not fully understood. The aim of this study is to contribute to this understanding.

Fueled by the ongoing debate about the distributive effects of the Washington Consensus, the dynamics of poverty and inequality have returned to the center of attention of academic scholars, policymakers, and the public at large.

Having the high unemployment in Germany in mind, this book discusses how macroeconomic theory has evolved over the past forty years.