INFER Research Perspectives

The International Network for Economic Research (INFER) was established in 1998 as an independent, non-profit research network. It supports high-profile research in all fields of economics and related areas through congresses, seminars, workshops and publications. The main objective of INFER is to foster interactions among academics, business practitioners, and policy makers with a view to find solutions to economic problems. Further details are available from the INFER web site at: http://www.infer-research.net

The INFER Research Perspectives series publishes leading-edge research findings in all aspects of economics. A multi-stage referee process and a Scientific Advisory Board of distinguished academics, business practitioners, and policy makers ensure the quality of the publications.

edited by

Michael Pickhardt

Scientific Advisory Board:
Ingo Barens (Darmstadt University of Technology),
Reinhard Neck (Klagenfurt University),
John Sell (The College of Wooster, Ohio),
John Wilson (University of South Australia, Adelaide)