1. Refereed Journal // 2011

    Aid effectiveness and the soft budget constraint: EU development aid to the former Soviet Union

    Aid effectiveness is defined as contractual completeness. EU development aid constitutes the new soft budget constraint in the former Soviet Union. Transnational sovereignty means that development policy is…

  2. Expertises // 2011

    BAK Taxation Index 2011

    The BAK Taxation Index analyses and compares the tax burden for companies and highly skilled manpower in more than 80 locations of highly-industrialized countries. The BAK Taxation Index is updated on a…

  3. Refereed Journal // 2011

    Causal Returns to Schooling and Individual Heterogeneity

    In this paper, human capital investments are evaluated by assuming heterogeneous returns to schooling. We use the potential outcome approach to measure the causal effect of human capital investments on…

  4. Discussion and Working Paper // 2011

    Military spending and economic growth: the case of Iran

    Iranian government budget on military over the last decade has been higher than the average of the world. The current increasing international sanctions aim to reduce the military capabilities and capacities of…

  5. Expertises // 2011

    Housing Markets and Intra-Euro Area Macroeconomic Imbalances: Identifying Policy Instruments

    Main objective of the study is to detect the causes of imbalances on residential property and housing finance markets in order to define policy instruments that help preventing the emergence of market…

  6. ZEW Discussion Paper No. 11-085 // 2011

    How Does the Domiciliation Decision Affect Mutual Fund Fees?

    In this paper, we analyze if the integration of the European mutual funds industry has brought advantages to private and institutional investors. Moreover, we examine the possible determinants of fund fees as…

  7. Expertises // 2011

    Counterfactual Impact Evaluation of Cohesion Policy. Examples from Support to Innovation and Research

    The goal of this project was twofold. The first objective was to find out to what extent publicly available beneficiary data (from managing authorities and commercial databases) could be used for quantitative,…

  8. ZEW Discussion Paper No. 11-084 // 2011

    Market Structure and Market Performance in E-Commerce

    Analyzing the link between market structure and market performance is of central importance in the field of industrial organization. The aim is to understand the role of market structure, i.e., the number of…