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Optimal Social Insurance and Health Inequality
This paper integrates into public economics a biologically founded, stochastic process of individual ageing. The novel approach enables us to quantitatively characterize the... -
Thoughts on a Fiscal Union in EMU
Using an estimated large-scale New-Keynesian model, we assess the consequences of introducing a fiscal union within EMU. We differentiate between three different scenarios:... -
Credit Demand and Supply in Greece
Contains data used in the paper "Measuring Credit Demand and Supply: A Bayesian Model with an Application to Greece (2003–2011)" (published in the Jahrbücher für...