Published by De Gruyter Oldenbourg

Volume 59 Issue 2

Issue of Review of Economics

Contents
Journal Overview

April 19, 2016

Education, Research and the Impact of Tuition Fees

A Simple Model of a Public University

Peter Michaelis

Page range: 77-93

April 19, 2016

Grundeinkommen vs. Kombilohn: Beschäftigungs- und Finanzierungswirkungen und Unterschiede im Empfängerkreis

Clemens Fuest, Andreas Peichl

Page range: 94-113

Abstract

The economic literature often argues that basic income schemes and low wage subsidies to employees are just special cases of a negative income tax. In this debate, it is ignored that these concepts target different population subgroups. This paper investigates the different target groups and the particular implications on government budget and labour supply. A basic income scheme doubles the number of net benefit receiving persons whereas a more targeted wage subsidy increases this number by only 10 %. These differences explain why wage subsidy programs can be financed and evoke positive labour supply effects, while basic income schemes either lead to high costs or to negative employment effects.

April 19, 2016

Markt – Staat – Wettbewerb in der Sozialwirtschaft

Ein Versuch zur Klärung mancher Irrtümer und Halbwahrheiten in der aktuellen Diskussion

Dirk Meyer

Page range: 114-140

Abstract

The article shows the different forms of the legal relation in the welfare state in a three level system. The system change in the social economy from a corporate system to a competitive system occurs centrally by two instruments: First by personalized budgets respectively cash value vouchers instead of payments in kind and second by public tender of services in a competitive award procedure. In case examples the practical implementation and efficiency of competitive instruments is shown under completely different framework.

April 19, 2016

„Does Distribution Matter?”

Ein Diskussionsbeitrag zu den Auswirkungen der Konzentration der Einkommensverteilung auf die Staatstätigkeit und die ihr zugrundeliegenden Wertvorstellungen

Renate Neubäumer

Page range: 141-148

Abstract

In this paper consequences of a rising income inequality for state activities and the role of economic policy are discussed. Using a simple model it is shown that an increasing income inequality leads to a higher government’s share of GDP though the state does not take over more responsibilities, and a higher tax share though rates of taxation are not increased. That forces economic politicians to act. If they want to prevent an increase of the tax share, transfer share and / or government’s share of GDP, they must move away from socially accepted value judgments upon social standards, the degree of redistribution by taxes and / or an adequate supply with public good.

April 19, 2016

Schuldenbremse oder Schuldenschranke für die deutschen Bundesländer?

Max Groneck, Robert C. Plachta

Page range: 149-175

Abstract

This paper studies two alternative budget rules to overcome the shortcomings of the current laws for the German Länder: The Swiss debt brake as well as a version incorporating a golden rule presented by the German Council of Economic Experts. A simulation analysis reveals the necessary consolidation path, the loss of benefits, and the recursive development of public debt. Extending the standard simulation method we present a politico-economic approach considering the budget rules in their full complexity. The Swiss debt brake yields stronger restrictions on public debt than the version incorporating the golden rule. Yet applying the simulation to both Länder and their municipalities leads to contrasting results.

About this journal

Welcome! As of 2016 the Review of Economics as well as all other journals of Lucius and Lucius Verlagsgesellschaft are published by De Gruyter Oldenbourg.

Aims and Scope
The Review of Economics (Jahrbuch für Wirtschaftswissenschaften) is a peer-reviewed general interest journal and publishes articles from all fields of economics.
Only articles with a strong policy focus are considered for publication. The Review of Economics will consider papers that are based on (i) a well defined theoretical model (ii) an empirical analysis or (iii) an experimental or (iv) an evidence-based framework.
The Review of Economics is also highly interested in survey articles on important policy issues.
Since the Review of Economics intends to deliver a forum for policy contributions and to influence the public debate we guarantee a quick and efficient referee process (the initial publication decision will be made within a maximum of 90 days). The editors may decide to publish papers without a referee process whenever authors send their submissions together with the referee reports and the decision letter of the previous submission and explain how they reacted to the reports. Accepted articles will be pre-published on the internet page of the journal as soon as they are accepted. Because the Review of Economics is not an e-Journal all articles also appear in a regular print version with some delay.

Partner Journal
Czech Journal of Economics and Finance

The Czech Journal of Economics and Finance (ISSN 0015-1920) is an English-language, double-blind refereed academic journal published in Prague since 1951. It devotes special attention to monetary economics, public finance, financial economics, and international economics, but it is open to high-quality papers from all fields of modern economics. The editors prefer empirically oriented papers, but do not exclude review articles or theoretical contributions provided that they are of high quality and relevant to the journal's aims.