Andreas Peichl

Research Fellow

Ludwig-Maximilians-Universität München

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Research Interests

Andreas is Director of the ifo Center for Business Cycle Analysis and Surveys and Professor of Economics at the University of Munich. From 20013-2017 he was Head of the Research Group "International Distribution and Redistribution" at ZEW Mannheim and Professor of Public Economics at the University of Mannheim. From 2008--2013 he was a Senior Research Associate and Deputy Program Director for the research area "Future of Labor" (since 2009) at the Institute for the Study of Labor (IZA) in Bonn, Germany. He is also a Research Associate at the Institute for Social and Economic Research (ISER), University of Essex, UK (since 06/2008) and a Research Affiliate at Center for Economic Studies (CESifo) of the University of Munich, Germany (since 01/2010).

Andreas has been involved in various research projects conducted on behalf of national ministries, the European Commission, the European Parliament, the European Central Bank and the OECD. His research focuses on empirical public and labor economics. His current research interests include (empirical) public economics, labor economics and welfare economics with particular reference to optimal taxation, tax reforms and their empirical evaluation, tax benefit microsimulation and the analysis of income distributions. His research has been published in various academic journals.

Andreas received his PhD (summa cum laude) for his thesis on "Could the World be Flat? Simulating Flat Tax Reforms in Western Europe" from the University of Cologne (Prof. Dr. C. Fuest) in May 2008. From January 2005 until August 2008 he was PhD student at the University of Cologne and worked as a research assistant at the Cologne Center for Public Economics (CPE). In Spring 2008 he was a visiting scholar at the Institute for Social and Economic Research (ISER) at the University of Essex, UK. Prior to his doctoral studies, he studied economics at the Philips-University of Marburg and the University of Cologne and graduated in December 2004 (Diplom-Volkswirt, equiv. M.A. Economics).

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IZA Publications

IZA Discussion Paper No. 16056
Downward Revision of Investment Decisions after Corporate Tax Hikes
Sebastian Link, Manuel Menkhoff, Andreas Peichl, Paul Schüle
IZA Discussion Paper No. 15361
Can the Labor Demand Curve Explain Job Polarization?
Andreas Peichl, Martin Popp
IZA Discussion Paper No. 15149
Multidimensional Equality of Opportunity in the United States
Paul Hufe, Martyna Kobus, Andreas Peichl, Paul Schüle
IZA Discussion Paper No. 15115
Inequality and Income Dynamics in Germany
Moritz Drechsel-Grau, Andreas Peichl, Johannes Schmieden, Kai D. Schmid, Hannes Walz, Stefanie Wolter
IZA Discussion Paper No. 15090
Information Frictions among Firms and Households
Sebastian Link, Andreas Peichl, Christopher Roth, Johannes Wohlfart
IZA Discussion Paper No. 14680
Lower and Upper Bound Estimates of Inequality of Opportunity for Emerging Economies
Paul Hufe, Andreas Peichl, Daniel Weishaar
IZA Discussion Paper No. 11714
Tax Morale and the Role of Social Norms and Reciprocity: Evidence from a Randomized Survey Experiment
Philipp Doerrenberg, Andreas Peichl
IZA Discussion Paper No. 11601
Measuring Unfair Inequality: Reconciling Equality of Opportunity and Freedom from Poverty
Paul Hufe, Ravi Kanbur, Andreas Peichl
IZA Discussion Paper No. 11425
The Sensitivity of Structural Labor Supply Estimations to Modeling Assumptions
Max Loeffler, Andreas Peichl, Sebastian Siegloch
IZA Discussion Paper No. 11033
Tax Refunds and Income Manipulation Evidence from the EITC
Florian Buhlmann, Benjamin Elsner, Andreas Peichl
published in: International Tax and Public Finance, 2018, 25(6), 1490-1518
IZA Discussion Paper No. 9840
Wellbeing Evidence for the Assessment of Progress
Paul Anand, Laurence Roope, Andreas Peichl
IZA Discussion Paper No. 9606
Do Higher Corporate Taxes Reduce Wages?
Clemens Fuest, Andreas Peichl, Sebastian Siegloch
revised version published in: American Economic Review, 2018, 108 (2), 393 - 418
IZA Discussion Paper No. 9605
Lower Bounds and the Linearity Assumption in Parametric Estimations of Inequality of Opportunity
Paul Hufe, Andreas Peichl
IZA Discussion Paper No. 9139
Multidimensional Affluence in Income and Wealth in the Eurozone: A Cross-Country Comparison Using the HFCS
Sine Kontbay-Busun, Andreas Peichl
IZA Discussion Paper No. 8598
An Unemployment Insurance Scheme for the Euro Area? A Comparison of Different Alternatives using Micro Data
Mathias Dolls, Clemens Fuest, Dirk Neumann, Andreas Peichl
revised version published in: International Tax and Public Finance, 2018, 25, 273 - 309
IZA Discussion Paper No. 8554
Sufficient Statistic or Not? The Elasticity of Taxable Income in the Presence of Deduction Possibilities
Philipp Doerrenberg, Andreas Peichl, Sebastian Siegloch
revised version published as 'The elasticity of taxable income in the presence of deduction possibilities' in: Journal of Public Economics, 2017, 151, 41 - 55
IZA Discussion Paper No. 8553
Documentation IZAΨMOD v3.0: The IZA Policy Simulation Model
Max Loeffler, Andreas Peichl, Nico Pestel, Sebastian Siegloch, Eric Sommer
IZA Discussion Paper No. 8281
Structural Labor Supply Models and Wage Exogeneity
Max Loeffler, Andreas Peichl, Sebastian Siegloch
revised version available as IZA Discussion Paper No. 11425
IZA Discussion Paper No. 7958
The Own-Wage Elasticity of Labor Demand: A Meta-Regression Analysis
Andreas Lichter, Andreas Peichl, Sebastian Siegloch
revised version published in: European Economic Review, 2015, 80, 94-119
IZA Discussion Paper No. 7698
Steady-State Labor Supply Elasticities: A Survey
Olivier Bargain, Andreas Peichl
published as 'Own-wage labor supply elasticities: variation across time and estimation methods' in: IZA Journal of Labor Economics, 2016, 5, 10 (2016)
IZA Discussion Paper No. 7494
Exporting and Labor Demand: Micro-Level Evidence from Germany
Andreas Lichter, Andreas Peichl, Sebastian Siegloch
revised version published in: Canadian Journal of Economics, 2017, 50 (4), 1161-1189
IZA Discussion Paper No. 7390
Do Higher Corporate Taxes Reduce Wages? Micro Evidence from Germany
Clemens Fuest, Andreas Peichl, Sebastian Siegloch
substantially revised version available as IZA DP 9606
IZA Discussion Paper No. 7215
Comparing Inequality Aversion across Countries When Labor Supply Responses Differ
Olivier Bargain, Mathias Dolls, Dirk Neumann, Andreas Peichl, Sebastian Siegloch
revised version published in: International Tax and Public Finance, 2014, 21(5), 845-873
IZA Discussion Paper No. 7190
Partisan Tax Policy and Income Inequality in the U.S., 1979-2007
Olivier Bargain, Mathias Dolls, Herwig Immervoll, Dirk Neumann, Andreas Peichl, Nico Pestel, Sebastian Siegloch
revised version published as 'Tax Policy and Income Inequality in the United States, 1979–2007' in: Economic Inquiry, 2015, 53 (2), 1061-1085
IZA Discussion Paper No. 6999
Happy Taxpayers? Income Taxation and Well-Being
Alpaslan Akay, Olivier Bargain, Mathias Dolls, Dirk Neumann, Andreas Peichl, Sebastian Siegloch
IZA Discussion Paper No. 6735
Comparing Labor Supply Elasticities in Europe and the US: New Results
Olivier Bargain, Kristian Orsini, Andreas Peichl
revised version published in: Journal of Human Resources, 2014, 49 (3), 723-838
IZA Discussion Paper No. 6585
Fiscal Union in Europe? Redistributive and Stabilising Effects of an EU Tax-Benefit System
Olivier Bargain, Mathias Dolls, Clemens Fuest, Dirk Neumann, Andreas Peichl, Nico Pestel, Sebastian Siegloch
revised version published as 'Fiscal Union in Europe? Redistributive and Stabilizing Effects of a European Tax-Benefit System and Fiscal Equalization Mechanism' in: Economic Policy, 2013, 28 (75), 375-422
IZA Discussion Paper No. 6505
The Impact of Redistributive Policies on Inequality in OECD Countries
Philipp Doerrenberg, Andreas Peichl
revised version published in: Applied Economics, 2014, 46 (17), 2066-2086
IZA Discussion Paper No. 6275
Nice Guys Finish Last: Are People with Higher Tax Morale Taxed More Heavily?
Philipp Doerrenberg, Denvil Duncan, Clemens Fuest, Andreas Peichl
substantially revised version published in: Kyklos, 2014, 67 (1), 29-53
IZA Discussion Paper No. 6170
Multidimensional Well-Being at the Top: Evidence for Germany
Andreas Peichl, Nico Pestel
revised version published in: Fiscal Studies, 2013, 34 (3), 355-371
IZA Discussion Paper No. 6160
A Challenge for the G20: Globally Stipulated Debt Brakes and Transnational Independent Fiscal Supervisory Councils
Mathias Dolls, Andreas Peichl, Klaus F. Zimmermann
published in: Intereconomics, 2012, 47 (1), 31-38
IZA Discussion Paper No. 6102
Welfare, Labor Supply and Heterogeneous Preferences: Evidence for Europe and the US
Olivier Bargain, André Decoster, Mathias Dolls, Dirk Neumann, Andreas Peichl, Sebastian Siegloch
revised version published in: Social Choice and Welfare, 2013, 41 (4), 789-817
IZA Discussion Paper No. 6080
The Effects of the Recent Economic Crisis on Social Protection and Labour Market Arrangements across Socio-Economic Groups
Gaetano Basso, Mathias Dolls, Werner Eichhorst, Thomas Leoni, Andreas Peichl
published in: Intereconomics, 2012, 47 (4), 217-223.
IZA Discussion Paper No. 5926
Multidimensional Affluence: Theory and Applications to Germany and the US
Andreas Peichl, Nico Pestel
revised version published in: Applied Economics, 2013, 45 (32), 4591-4601
IZA Discussion Paper No. 5910
Tax Policy and Income Inequality in the U.S., 1978-2009: A Decomposition Approach
Olivier Bargain, Mathias Dolls, Herwig Immervoll, Dirk Neumann, Andreas Peichl, Nico Pestel, Sebastian Siegloch
substantially revised version available as IZA DP 7190
IZA Discussion Paper No. 5834
Lower and Upper Bounds of Unfair Inequality: Theory and Evidence for Germany and the US
Judith Niehues, Andreas Peichl
revised version published in: Social Choice and Welfare, 2014, 43 (1), 73-99
IZA Discussion Paper No. 5820
Labor Supply Elasticities in Europe and the US
Olivier Bargain, Kristian Orsini, Andreas Peichl
revised version available as IZA Discussion Paper No. 6735; published in: Journal of Human Resources, 2014, 49(3), 723-838
IZA Discussion Paper No. 5520
The Politicians' Wage Gap: Insights from German Members of Parliament
Andreas Peichl, Nico Pestel, Sebastian Siegloch
revised version published in: Public Choice, 2013, 156(3-4), 653-676
IZA Discussion Paper No. 5440
Tax-Benefit Systems in Europe and the US: Between Equity and Efficiency
Olivier Bargain, Mathias Dolls, Dirk Neumann, Andreas Peichl, Sebastian Siegloch
revised version pubished in 2 parts - as 'Comparing inequality aversion across countries when labor supply responses differ' in: International Tax and Public Finance, 2014, 21, 845 - 873 (also available as IZA DP 7215) and as 'Tax-Benefit Revealed Social Preferences in Europe and the US' in: Annals of Economics and Statistics, 2014, 113/114, 257 -28
IZA Discussion Paper No. 5388
Fair and Efficient Taxation under Partial Control: Theory and Evidence
Erwin Ooghe, Andreas Peichl
revised version available as CESifo Working Paper 3518
IZA Discussion Paper No. 5378
Progressive Taxation and Tax Morale
Philipp Doerrenberg, Andreas Peichl
revised version published in: Public Choice, 2013, 155 (3), 293-316
IZA Discussion Paper No. 5375
Equality of Opportunity and Redistribution in Europe
Lina Dunnzlaff, Dirk Neumann, Judith Niehues, Andreas Peichl
revised version published in: Inequality of Opportunity: Theory and Measurement (Research on Economic Inequality, 19), Bingley, 2011, 99-129
IZA Discussion Paper No. 5350
Accounting for Labor Demand Effects in Structural Labor Supply Models
Andreas Peichl, Sebastian Siegloch
revised version published in: Labour Economics, 2012, 19 (1), 129-138
IZA Discussion Paper No. 5344
Die Messung von Armut unter Berücksichtigung regional divergierender Lebenshaltungskosten und öffentlicher Leistungen
Tilman Hillringhaus, Andreas Peichl
IZA Discussion Paper No. 5220
Distributional Consequences of Labor Demand Adjustments to a Downturn: A Model-Based Approach with Application to Germany 2008-09
Olivier Bargain, Herwig Immervoll, Andreas Peichl, Sebastian Siegloch
revised version published as 'Distributional consequences of labor-demand shocks: the 2008–2009 recession in Germany' in: International Tax and Public Finance, 2012, 19 (1), 118-138
IZA Discussion Paper No. 4922
The Development of Multidimensional Poverty in Germany 1985-2007
Christopher Busch, Andreas Peichl
IZA Discussion Paper No. 4917
Automatic Stabilizers, Economic Crisis and Income Distribution in Europe
Mathias Dolls, Clemens Fuest, Andreas Peichl
published in: Research in Labor Economics, 2011, 32, 227-256
IZA Discussion Paper No. 4865
Documentation IZAΨMOD: The IZA Policy SImulation MODel
Andreas Peichl, Hilmar Schneider, Sebastian Siegloch
see also IZAΨMOD for more information
IZA Discussion Paper No. 4825
Multidimensional Measurement of Richness: Theory and an Application to Germany
Andreas Peichl, Nico Pestel
substantially revised version available as: IZA DP 5926
IZA Discussion Paper No. 4770
Does Size Matter? The Impact of Changes in Household Structure on Income Distribution in Germany
Andreas Peichl, Nico Pestel, Hilmar Schneider
revised version published in: Review of Income and Wealth, 2012, 58 (1), 118-141
IZA Discussion Paper No. 4520
The Redistributive Effects of Tax Benefit Systems in the Enlarged EU
Clemens Fuest, Judith Niehues, Andreas Peichl
revised version published in: Public Finance Review, 2010, 38 (4), 473-500
IZA Discussion Paper No. 4310
Automatic Stabilizers and Economic Crisis: US vs. Europe
Mathias Dolls, Clemens Fuest, Andreas Peichl
revised version published in: Journal of Public Economics, 2012, 96 (3-4), 279-294
IZA Discussion Paper No. 4197
Demografie und Ungleichheit: Der Einfluss von Veränderungen der Haushaltsstruktur auf die Einkommensverteilung in Deutschland
Andreas Peichl, Nico Pestel, Hilmar Schneider
substantially revised version available as IZA Standpunkt No. 18, published in: Zeitschrift für ArbeitsmarktForschung / Journal for Labour Market Research, 2011, 43(4), 327-338
IZA Discussion Paper No. 4135
Financing Social Security: Simulating Different Welfare State Systems for Germany
Caroline Dieckhoener, Andreas Peichl
IZA Discussion Paper No. 3902
Politicians' Outside Earnings and Political Competition
Johannes Becker, Andreas Peichl, Johannes Rincke
published in: Public Choice, 2009, 140 (3-4), 379 - 394
IZA Discussion Paper No. 3790
Measuring Richness and Poverty: A Micro Data Application to Europe and Germany
Andreas Peichl, Thilo Schaefer, Christoph Scheicher
revised version published in: Review of Income and Wealth, 2010, 56 (3), 597-619
IZA Discussion Paper No. 3721
Effects of Flat Tax Reforms in Western Europe on Income Distribution and Work Incentives
Alari Paulus, Andreas Peichl
revised version published as 'Effects of flat tax reforms in Western Europe' in: Journal of Policy Modelling, 2009, 31 (5), 620-636
IZA Discussion Paper No. 3715
The Benefits of Linking CGE and Microsimulation Models: Evidence from a Flat Tax Analysis
Andreas Peichl
published in: Journal of Applied Economics, 2009, 12 (2), 301-329
IZA Discussion Paper No. 3142
Is a Flat Tax Feasible in a Grown-up Welfare State?
Clemens Fuest, Andreas Peichl, Thilo Schaefer
revised version published as "Is a flat tax reform feasible in a grown-up democracy of Western Europe? A simulation study for Germany" in: International Tax and Public Finance, 2008, 15 (5), 620-636
IZA Policy Paper No. 89
Earnings Inequality
Andreas Peichl, Nico Pestel
published in: International Encyclopedia of the Social & Behavioral Sciences, 2nd edition, 2015, Vol. 6, 765-772
IZA Policy Paper No. 74
Labor Demand Effects of Rising Electricity Prices: Evidence for Germany
Michael Cox, Andreas Peichl, Nico Pestel, Sebastian Siegloch
published in: Energy Policy, 2014, 75, 266-277
IZA Policy Paper No. 39
European Fiscal Union: What Is It? Does It Work? And Are There Really 'No Alternatives'?
Clemens Fuest, Andreas Peichl
published in: CESifo Forum, 2012, 13 (1), 3-9
IZA Policy Paper No. 33
A Challenge for the G20: Globally Stipulated Debt Brakes and Transnational Independent Fiscal Supervisory Councils
Mathias Dolls, Andreas Peichl, Klaus F. Zimmermann
published in: Intereconomics, 2012, 47 (1), 31-38
IZA Policy Paper No. 18
Social Protection as an Automatic Stabilizer
Mathias Dolls, Clemens Fuest, Andreas Peichl
revised version published as 'Automatic stabilization and discretionary fiscal policy in the financial crisis' in: IZA Journal of Labor Policy, 2012, 1:4
IZA Policy Paper No. 8
Importing a Successful System? Simulating Different Regimes of Financing Social Security for Germany
Caroline Dieckhoener, Andreas Peichl
IZA World of Labor Article
Flat-rate tax systems and their effect on labor markets
Andreas Peichl
IZA Standpunkt Nr. 60
Ist die Antwort wirklich 42? Die Frage nach dem optimalen Spitzensteuersatz für Deutschland
Johannes Hermle, Andreas Peichl
IZA Standpunkt Nr. 59
Bundestagswahlkampf 2013: Klientelpolitik durch Steuerreform?
Andreas Peichl, Nico Pestel, Sebastian Siegloch, Eric Sommer
revised version published in: Perspektiven der Wirtschaftspolitik, 2014, 14(2), 182-194
IZA Standpunkt Nr. 53
Ist Deutschland wirklich so progressiv? Einkommensumverteilung im europäischen Vergleich
Andreas Peichl, Nico Pestel, Sebastian Siegloch
published in: Vierteljahrshefte zur Wirtschaftsforschung, 2013, 82(1), 111-127
IZA Standpunkt Nr. 49
Effizient, einfach und gerecht: Ein integriertes System zur Reform von Einkommensteuer und Sozialabgaben
Max Loeffler, Andreas Peichl, Nico Pestel, Hilmar Schneider, Sebastian Siegloch
published in: Perspektiven der Wirtschaftspolitik, 2012, 13 (3), 196–213
IZA Standpunkt Nr. 45
Eine Herausforderung für die G20: Global vereinbarte Schuldenbremsen und transnationale fiskalpolitische Aufsichtsgremien
Mathias Dolls, Andreas Peichl, Klaus F. Zimmermann
English version, IZA Policy Paper No 33, published in: Intereconomics, 2012, 47 (1), 31-38
IZA Standpunkt Nr. 44
Einfach ist nicht immer gerecht: Eine Mikrosimulationsstudie der Kirchhof-Reform für die Einkommensteuer
Max Loeffler, Andreas Peichl, Nico Pestel, Hilmar Schneider, Sebastian Siegloch
published in: Vierteljahrshefte zur Wirtschaftsforschung, 2011, 80 (4), 147–160
IZA Standpunkt Nr. 36
Bemessungsgrundlage schlägt Fünf-Stufen-Tarif: Eine Simulationsanalyse des Reformvorschlags nach Rose
Andreas Peichl, Nico Pestel, Hilmar Schneider, Sebastian Siegloch
published in: Wirtschaftsdienst, 2011, 91(5), 328-332
IZA Standpunkt Nr. 27
Alter Wein in neuen Schläuchen: Der Fünf-Stufen-Steuertarif der FDP auf dem Prüfstein
Andreas Peichl, Nico Pestel, Hilmar Schneider, Sebastian Siegloch
IZA Standpunkt Nr. 26
Reform der Hinzuverdienstregeln in der Grundsicherung: Kein Entkommen aus der Transferfalle
Andreas Peichl, Hilmar Schneider, Sebastian Siegloch
revised version published as 'Reform der Hartz IV-Hinzuverdienstregelungen: Ein verfehlter Ansatz' in: Perspektiven der Wirtschaftspolitik, 2011, 12(1), 12-26
IZA Standpunkt Nr. 25
Soziale Gerechtigkeit durch Leistung und Gegenleistung: Workfare im Niedriglohnbereich
Andreas Peichl, Hilmar Schneider
published in: Wirtschaftsdienst, 2010, 90(4), 230-234
IZA Standpunkt Nr. 23
Steuerstrukturreform trotz leerer Kassen?!
Nina Hetzer, Andreas Peichl
published in: ifo Schnelldienst, 2010, 63 (1), 28-35
IZA Standpunkt Nr. 21
Die Steuerreformpläne der neuen Bundesregierung und das Bürgergeld: Eine Simulation von Risiken und Nebenwirkungen
Dirk Neumann, Andreas Peichl, Hilmar Schneider, Sebastian Siegloch
published in: Wirtschaftsdienst, 2009, 89(12), 805-812
IZA Standpunkt Nr. 19
Wie wirken die automatischen Stabilisatoren in der Wirtschaftskrise? Deutschland im Vergleich mit der EU und den USA
Mathias Dolls, Clemens Fuest, Andreas Peichl
published in: Perspektiven der Wirtschaftspolitik, 2010, 11 (2), 132-145
IZA Standpunkt Nr. 18
Mehr Ungleichheit durch kleinere Haushalte? Der Einfluss von Veränderungen der Haushaltsstruktur auf die Einkommensverteilung in Deutschland
Andreas Peichl, Nico Pestel, Hilmar Schneider
revised version published in: Journal for Labour Market Research / Zeitschrift für ArbeitsmarktForschung, 2011, 43(4), 327-338
IZA Standpunkt Nr. 11
Grundeinkommen vs. Kombilohn: Beschäftigungs- und Finanzierungswirkungen und Unterschiede im Empfängerkreis
Clemens Fuest, Andreas Peichl
published in: Jahrbuch für Wirtschaftswissenschaften (Review of Economics), 2008, 59 (2), 94-113
IZA Standpunkt Nr. 2
Vollbeschäftigung ist keine Utopie: Arbeitsmarktpolitisches Programm des IZA
Klaus F. Zimmermann, Hilmar Schneider, Werner Eichhorst, Holger Hinte, Andreas Peichl
IZA Research Report No. 47
Geringfügige Beschäftigung: Situation und Gestaltungsoptionen
Werner Eichhorst, Tina Hinz, Paul Marx, Andreas Peichl, Nico Pestel, Sebastian Siegloch, Eric Thode, Verena Tobsch
Basierend auf einem Projekt im Auftrag der Bertelsmann Stiftung, Bonn 2012 (78 Seiten)
IZA Research Report No. 46
Finanzielle und Beschäftigungswirkungen unterschiedlicher Tarifverläufe alternativer Hinzuverdienstregelungen
Hilmar Schneider, Andreas Peichl, Nico Pestel, Sebastian Siegloch, Max Loeffler
Studie im Auftrag des Bundesministeriums für Wirtschaft und Technologie, Bonn 2012 (35 Seiten)
IZA Research Report No. 39
Aktivierung von Fachkräftepotenzialen: Frauen und Mütter
Werner Eichhorst, Michael J. Kendzia, Andreas Peichl, Nico Pestel, Sebastian Siegloch, Verena Tobsch
Kurzexpertise im Auftrag des Bundesministeriums für Arbeit und Soziales, Bonn 2011 (28 Seiten)
IZA Research Report No. 32
Gutachten zur Berechnung von Vorschlägen zur Neuregelung der Erwerbstätigenfreibeträge
Hilmar Schneider, Andreas Peichl, Nico Pestel, Sebastian Siegloch
Gutachten im Auftrag des Bundesministeriums für Arbeit und Soziales, Bonn 2010 (32 pages)
IZA Research Report No. 31
The Role of Social Protection as an Economic Stabiliser: Lessons from the Current Crisis
Werner Eichhorst, Mathias Dolls, Paul Marx, Andreas Peichl, et al.
Report based on a study conducted for the European Parliament, Bonn 2010 (188 pages)
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