WiSt - Wirtschaftswissenschaftliches Studium

In addition to their own tax revenues, the municipal fiscal equalization system determines the financial situation of the municipalities. On the one hand, the financial allocations of the state increase the financial power of the municipal level...

This paper presents the Joint Economic Forecast (Gemeinschaftsdiagnose, GD) of the leading German economic research institutes. The GD provides a reference for the federal government's macroeconomic projections on which the tax estimates are based,...

The idea is not new: in libraries, books have been shared for hundreds of years. With the advent of digitalization, time and location problems in the sharing economy are dissolving. Sharing goods and services saves money and time and is sustainable....

Over the last two years, there has been a very dynamic development of unmanned supermarkets that are accessible 24/7 – also called Smart Stores 24/7. These stores reduce long waiting times at checkouts and make it possible to operate stores in...

Government failure can be understood as the failure of the market for politics. As in ordinary markets for goods and services, externalities, monopoly power, and asymmetric information play a central role on the market for politics. We show how the...

In modern textbooks on capital budgeting, the payback period is usually treated only briefly or not at all. That seems justified since payback has major deficiencies in comparison with net present value. It is all the more surprising that the...

Secondary studies base their value on the analysis of primary and other secondary research findings. Research synthesis represents an appropriate method for extracting and comprehensively analyzing scientific findings from the relevant literature....

The paper examines the ongoing replication crisis in empirical-quantitative economics and business studies in the light of the rising impact of science on society. The crisis comprises two major aspects: First of all, there is simply a significant...

Covid-19 was a global economic challenge, as the shock hit both the demand and supply side simultaneously. This article analyzes the macroeconomic impact of the pandemic in Germany using a stylized new Keynesian model. Based on the Covid-19 shock,...

Robo advice has recently emerged as an innovative form of supplying financial advice to private investors. We explain, from a decision-theoretical point of view, the general rationale of professional financial advice and present pros and cons of...