Frontiers in Economics
Economic Theory, academic policy analysis and public policy design are becoming more interdependent. Hence, the demands for close interactions between the policy community and the research community have been rising significantly. This book assesses how r
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Springer-Verlag Berlin Heidelberg GmbH
Klaus F. Zimmermann Editor
Frontiers in Economics
With 19 Figures and 29 Tables
i
Springer
Profcssor Dr. Klaus F. Zimmermann Dcutschcs lnstitut fur Wirtschaftsforschung (DIW Berlin) Konigin-Luise-StraBe 5 14195 Bcrlin, Gcrmany e-mail: [email protected]
Final Report of a Research Project for the German Federal Ministry of Finance
Project Leaders: Lutz Hoffmann· Klaus F. Zimmermann Project Coordinator: Georg Erber Authors: Stefan Bach· Siegfried Berninghaus . Frank Bickenbach Karl-Martin Ehrhard· Hella Engerer . Georg Erber· Harald Hagemann Jurgen von Hagen· Richard Hauser· Bernd Hayo . lngo Fender Annette Kirstein· Lars Kumkar . Stefan Seifert· Rudiger Soltwedel Stefan Voigt· Gert G. Wagner· Wolfgang Wiegard Klaus F. Zimmermann
ISBN 978-3-642-07756-2 ISBN 978-3-540-24739-5 (eBook) DOI 10.1007/978-3-540-24739-5 Library of Congress Cata:ogi:1g·in Publication Data app:ied for Die Deutsche Bibliothek ... CIP·Eir:he;tsaufnahme frontiers in Economics 1 Ed.: Klaus E Zimmerman:1. Barcelona; Hong Kong; Londo,,; Miian; Paris; Tokyo: Spri:1gcr, 2002 This work is subject to copyright. All rights are reserved. whether the whole or part of the material is concerned, specifica!ly the rights of trar:slation, reprinting, reuse of illustrations, recitation. broadcasting, reproduction on microfilm or in any orher way, and storage in data banks. Duplication of this publication or parts thereof:s permitted only under the provisions of the German Copyright Law of September 9, 1965, in its current version, and permission for use must always be obtair:ed :rom Springer-Verlag. Violations are ~iable for prosecl!tion under the German Copyright Law.
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Springer- Verlag Berlin Heidelberg
2002
Originally published by Springer-Verlag Berlin Heidelberg in 2002
Softcover reprint of the hardcover 1st edition
2002
The l!se of general descriptive names, registered names, trademarks, etc. ir: this publication does not :mply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. Cover design: Erich Kirch:1er, Heidelberg
Foreword In 1998, the German Federal Ministry of Finance gave the Gennan Institute for Economic Research (DIW Berlin) the task of carrying out the study presented in this book. The objective was to provide a review of all the important new developments in economics. We were instructed to give special attention to questions of economic relevance and points of view which lead to conclusions on the organisation of economic policy advice. In the light of current international performance standards, we were also asked to discuss the possible consequences of reorganising the research scene as well as university education and training in Germany. The Gennan Wissenschaftsrat (Science Council), during its recent evaluation of economic research institutes, worked out criteria for restructuring the economic empirical research scene in Gennany. University and non-univ
