Journal of Economics

Submission of a manuscript implies: that the work described has not been published before (except in form of an abstract or as part of a published lecture, review or thesis), that it is not under consideration for publication elsewhere, that its publication has been approved by all co-authors, if any, as well as – tacitly or explicitly – by the responsible authorities at the institution where the work was carried out. Transfer of copyright to Springer becomes effective if and when the article is accepted for publication. The copyright covers the exclusive right and license (for U.S. government employees: to the extent transferable) to reproduce, publish, distribute and archive the article in all forms and media of expression now known or developed in the future, including reprints, translations, photographic reproductions, microform, electronic form (offline, online) or any other reproductions of similar nature.

All articles published in this journal are protected by copyright , which covers the exclusive rights to reproduce and distribute the article (e.g., as offprints), as well as the translation rights. No material published in this journal may be reproduced photographically or stored on microfilm, in electronic data bases, video disks, etc., without first obtaining written permission from the publisher. The use of general descriptive names, trade names, trademarks, etc., in this publication, even if not specifically identified, does not imply that these names are not protected by the relevant laws and regulations.

An author may self-archive an author-created version of his/her article on his/her own website. He/she may also deposit this version on his/her institution's and funder's (funder designated) repository, including his/her final version, provided it is not made publicly available until after 12 months of official publication. He/she may not use the publisher's PDF version which is posted on www.springerlink.com for the purpose of self-archiving or deposit. Furthermore, the author may only post his/her version provided acknowledgement is given to the original source of publication and a link is inserted to the published article on Springer's website. The link must be accompanied by the following text: "The original publication is available at www.springerlink.com".

Please use the appropriate URL and/or DOI for the article. Articles disseminated via SpringerLink are indexed, abstracted and referenced by many abstracting and information services, bibliographic networks, subscription agencies, library networks, and consortia.

The author warrants that this contributions is original and that he/she has full power to make this grant. The author signs for and accepts responsibility for releasing this material on behalf of any and all co-authors.

After submission of this agreement signed by the corresponding author, changes of authorship or in the order of the authors listed will not be accepted by Springer.
While the advice and information in this journal is believed to be true and accurate at the date of its publication, neither the authors, the editors, nor the publisher can accept any legal responsibility for any errors or omissions that may be made. The publisher makes no warranty, express or implied, with respect to the material contained herein.

Special regulations for photocopies in the U.S.A. Photocopies may be made for personal or in-house use beyond the limitations under Section 107 or 108 of U.S. Copyright Law, provided a fee is paid. All fees should be paid to the Copyright Clearance Center, Inc., 222 Rosewood Drive, Danvers, MA 01923, USA, Tel.: +1-978-7508400, Fax: +1-978-6468600, http://www.copyright.com, stating the ISSN 0304-8608, the volume, and the first and last page numbers of each article copied. The copyright owner’s consent does not include copying for general distribution, promotion, new works, or resale. In these cases, specific written permission must first be obtained from the publisher.

The Canada Institute for Scientific and Technical Information (CISTI) provides a comprehensive, world-wide document delivery service for all Springer journals. For more information, or to place an order for a copyright-cleared Springer document, please contact Client Assistant, Document Delivery, CISTI, Ottawa K1A 0S2, Canada (Tel+ 1-613-9939251, Fax +1-613-9528243, e-mail: cisti.docdel@nrc.ca).

Springer-Verlag GmbH Wien is a part of
Springer Science+Business Media

springer.com

Ownership and Copyright
© Springer-Verlag GmbH Wien