Although merger and acquisitions (M&As) are acknowledged as an important means to access innovative assets and know-how, firms’ inventive output often declines in the post-M&A period. Financial, managerial and…

What are the effects of austerity on distributional policy? We exploit the autonomy of Italian municipalities in setting non-linear income taxes and the exogenous introduction of a fiscal rule to show that…

• Expectations for Chinese Economy Improve: CEP Indicator Rises to a New Reading of 30.5
• 37 analysts participated in the June survey, which was conducted during the period 9 till 17 June 2020

Who benefits from the evasion of value added taxes (VAT)? Using a reform that enforced VAT on previously non-compliant large retailers in Armenia, we estimate a onethird passthrough of the tax burden on prices.…

• Konjunkturelle Talsohle im Sommer 2020
• Eurozone: Erste Verbesserung der Wirtschaftslage seit Januar 2020
• USA: Dritter Anstieg der Konjunkturerwartungen in Folge
• Japan: Konjunkturerwartungen erneut…

• Socially Responsible Behaviour Can Slow the Spread of the Coronavirus
• Innovative Companies Are More Resilient to Crises and Less Prone to Cut Employment
• Contact-Tracing App: Creating Incentives for Fast and…

We use car-level micro data to provide empirical evidence on the usage of conventional and electric vehicles (EVs) in private and car sharing fleets in Germany. We shed light on both monetary and non-monetary…

As the Covid-19 pandemic causes an all-time high share of people to work from home, this disruptive event is likely to have a long-lasting effect on work arrangements. Given existing research on the effects of…

I investigate the impact of the European Union Emissions Trading Scheme (EU ETS) on fuel efficiency of fossil fuel power plants, using administrative micro data on German power plants from 2003 to 2012. I find…