1. Refereed Journal // 2014

    Nice Guys Finish Last: Do Honest Taxpayers Face Higher Tax Rates?

    This paper examines the relationship between 'tax morale' and tax policy. Using a unique cross-country data set based on the World Values Survey and the World Tax Indicators, we nd that income groups with…

  2. Refereed Journal // 2014

    The effect of regulatory scrutiny: Asymmetric cost pass-through in power wholesale and its end

    We find an asymmetric pass-through of European emission allowance (EUA) prices to wholesale electricity prices in Germany and show that this asymmetry disappeared in response to a report on investigations by the…

  3. Refereed Journal // 2014

    Sources of Spillovers for Imitation and Innovation

    We estimate the effect of R&D spillovers on sales realized by products new to the firm (imitation) and new to the market (innovation). It turns out that spillovers from rivals lead to more imitation, while input…