This paper investigates the effect of shifting taxes from labor income to consumption on labor supply and the distribution of income in Germany. We simulate stepwise increases in the value-added tax (VAT) rate,…

I extend the model-based literature on spillover effects of labour market reforms on foreign (un-)employment by allowing for third-country effects. When the workhorse two-country model is enlarged to include a…

• Unsicherheit dämpft Konjunkturerwartungen
• EZB: Inflationserwartungen legen erneut zu
• USA: Lage und Erwartung weitgehend unverändert
• Japan: Verbesserung der Lageeinschätzung
• Großbritannien: Konjunkturerwartungen kaum…

• Sovereign Debt Crisis in Europe: Haircut Size and Type Are Decisive
• European Banking Regulations Expand Demand for Government Bonds
• Climate Policy Has to Be Socially Balanced
• Increasing Research Productivity in…

Fighting cartels is a major priority of EU competition policy. Acting in concert with national com¬petition authorities in the EU, the European Commission (EC) has made considerable efforts to promote…

• Economic Outlook Expectations Undisturbed by Q1 GDP Contraction
• Expectations of CHF Depreciation Now Less Widespread
• Inflation Rate in Switzerland Expected to Stay Unchanged
• Rise in Long-Term Interest Rates…

Steigende Mengen und sinkende Preise

Die Mengen an transportierten Gütern werden in fast allen Teilbereichen der deutschen Transportwirtschaft in den nächsten sechs Monaten zunehmen. Lediglich bei den Kurier-,…

This study investigates the impact of public R&D subsidies on R&D investment of small and medium-sized enterprises (SMEs) in Germany during the most recent economic crisis. Our analysis is based on firm-level…