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We empirically investigate the effect of procurement oversight on contract outcomes. In particular, we stress a distinction between public and private oversight: the former is a set of bureaucratic checks…

• The OECD Needs Tougher Standards for Tackling Tax Avoidance
• Economists Recommend Policies to Encourage a Sense of European Identity
• Q&A: How Can We Ensure Prosperity for All in the Digital Age?
• Much More Than a…

• Economic Expectations for China Rise, but Uncertainty Remains
• 26 analysts participated in the October survey, which was conducted during the period 2 till 17 October 2018

Does the administrative organization of police affect crime? In answering this question, we focus on the reorganization of local police agencies. Specifically, we study the effects police force reallocation via…

Innovation is essential for economic growth, and governments must encourage firms to increase their investments in innovation. Europe is losing ground to its main Asian competitors when it comes to R&D…

• Ausblick für die deutsche Wirtschaft verschlechtert sich deutlich
• Eurozone: Konjunkturerwartungen verschlechtern sich deutlich
• USA: Abwärtstrend bei den Erwartungen setzt sich fort
• Japan:…

Based on a further development of the ZEW microsimulation model of the German tax and transfer system, this study examines fiscal and individual net returns as well as rates of return from investments in…

We study how consumer search affects pricing in markets with incumbents and entrants using panel data on German electricity retail markets. Consumers observe the baseline price of the incumbent and decide…