Wege und Irrwege der neuen Grundsteuerpläne in Deutschland

Wirtschaftsdienst - Das bisherige Verfahren zur Grundsteuererhebung ist 2018 vom Bundesverfassungsgericht als verfassungswidrig erklärt worden. Seither haben fünf Bundesländer...     

Inflation und Schuldenabbau

The European Central Bank (ECB) recently announced its willingness to do whatever is needed to save the euro. This has raised the question whether such a role of the ECB must lead to higher rates of infl ation. Under current recessive macroeconomic conditions in the eurozone, the ECB’s expansionary monetary policy will not lead to higher infl ation. On the contrary, there is a serious danger of defl ation. Higher infl ation would likely occur only if a permanent stabilisation function were assigned to the ECB. Yet historical examples show that mistakes can be made. During the stagnation in Japan, US economists heavily criticised the Bank of Japan’s timid monetary policy response. But in some sense, current Fed policy seems to be a direct copy of that strategy, caused by uncertainty about the proper communication channel. An infl ation tax could help to bring down the mounting public debt in the wake of the fi nancial crisis, but higher wealth taxes have more transparent distributional effects.     

Book Review: A German treatment of Business ethics

Karl Homann & Franz Blome-Drees (1992). Wirtschafts- und Unternehmensethik . Vandenhoeck & Ruprecht. Göttingen. pp. 207. paperback, 19.80 DM. ISBN 3-8252-1721-3     

Merkmale einer vertrauensvollen Kommunikation zwischen Organisationen – eine empirische Analyse

In the business world one of the key drivers to reduce uncertainty is trust. It is based on an empirical study (Kano-analysis, 60% return rate) and identifies relevant factors of a trustful communication in long-term business relationships between organizations. Three types of factors can be identified: Must-be factors are a prerequisite of any relation and have a fundamental character in long-term relationships. The customers expect such factors to be an unquestionable part of any business relation (e.g. honesty). While attractive factors always boost the stability of trust in the relation (e.g. sympathy), one-dimensional factors not only stabilize trust if implemented, but can also deteriorate the relation if ignored (e.g. timeliness).