1. ZEW Discussion Paper No. 19-042 // 2019

    Can European Banks’ Country-by-Country Reports Reveal Profit Shifting? An Analysis of the Information Content of EU Banks’ Disclosures

    We create a novel database of hand-collected information from the country-by-country reports (CbCRs) of more than 100 multinational bank groups headquartered in the EU for 2014-2016. We compare this new dataset…

  2. ZEW Discussion Paper No. 19-041 // 2019

    The Real Effects of Bank Distress: Evidence from Bank Bailouts in Germany

    How does bank distress impact their customers’ probability of default and trade credit availability? We address this question by looking at a unique sample of German firms from 2000 to 2011. We follow their…

  3. Refereed Journal // 2019

    Linking savings behavior, confidence and individual feedback: A field experiment in Ethiopia

    In this paper we investigate behavioral constraints to savings among smallholder farmers in rural Ethiopia. Increasing savings by overcoming such behavioral constraints has been documented to have positive…

  4. ZEW Discussion Paper No. 19-040 // 2019

    Incomplete Contracts in Dynamic Procurement

    We analyze the problem of a buyer who purchases a long-term project from one of several suppliers. A changing state of the world influences the costs of the suppliers. Complete contracts conditioning on all…

  5. ZEW Discussion Paper No. 19-039 // 2019

    Inter-Charity Competition Under Spatial Differentiation: Sorting, Crowding, and Spillovers

    We study spatially differentiated competition between charities by partnering with two foodbanks in two neighboring cities to conduct a field experiment with roughly 350 donation appeals. We induce spatial…

  6. ZEW Discussion Paper No. 19-038 // 2019

    Effects of R&D Subsidies on Regional Economic Dynamics: Evidence from Chinese Provinces

    We investigate the impact of research and development (R&D) subsidies on R&D inputs of large- and medium-sized firms and on additional innovation and economic activities in Chinese provinces. A panel vector…

  7. Expertises // 2019

    Towards Better Monitoring of Innovation Strengths, Regional Specialisation and Industrial Modernisation in the EU

    This study on the monitoring of innovation strengths, regional specialisation and industrial modernisation in the European Union has two main aims. The first is to verify whether the existing indicators and data…

  8. ZEW Discussion Paper No. 19-037 // 2019

    Tax Law and the Transfer of Start-up Losses: A European Overview and Categorization

    Most of the European Member States employ anti-loss trafficking rules. They aim to prevent the acquisition of mere corporate shells with high tax loss carryforwards for the tax asset to be utilized in profitable…