1. Refereed Journal // 2018

    Input and Output Additionality of R&D Subsidies

    This article analyses the effects of public R&D subsidies on R&D input and output of German firms. We distinguish between the direct impact of subsidies on R&D investment and the indirect effect on innovation…

  2. Refereed Journal // 2018

    Firm capabilities, technological dynamism and the internationalisation of innovation: A behavioural approach

    We develop a behavioural framework of bounded rational decision-making under uncertainty to analyse the role of technological dynamism in the firm’s environment for its decision to internationalise innovation.…

  3. Refereed Journal // 2018

    On the Performance of Rule-Based Contribution Schemes Under Endowment Heterogeneity

    We experimentally test different rule-based contribution mechanisms in a repeated 4-player public goods game with endowment heterogeneity and compare them to a VCM, distinguishing between a random and an…

  4. Refereed Journal // 2018

    Storm Damage and Risk Preferences: Panel Evidence from Germany

    Individuals’ risk preferences may change after experiencing external socio-economic or natural shocks. Theoretical predictions and empirical studies suggest that risk taking may increase or decrease after…

  5. Refereed Journal // 2018

    Do Fiscal Rules Constrain Fiscal Policy? A Meta-Regression-Analysis

    We implement a meta-regression-analysis for the budgetary impact of numerical fiscal rules based on 30 studies published in the last decade. The existing empirical evidence points to a constraining effect of…

  6. Refereed Journal // 2018

    Settlements and Appeals in the European Commission's Cartel Cases: An Empirical Assessment

    The introduction of the European Union (EU) Settlement Procedure in 2008 aimed at promoting the speed and efficiency of cartel investigations by the European Commission (EC). We use a data set that…

  7. Refereed Journal // 2018

    An Unemployment Insurance Scheme for the Euro Area? A Comparison of Different Alternatives using Microdata

    This is the first paper that assesses the importance of different stabilization channels of an unemployment insurance system for the euro area (EA). We provide insights into the potential added value of common…

  8. Refereed Journal // 2018

    Information Exchange Through Non-binding Advance Price Announcements: An Antitrust Analysis

    We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with horizontal products and asymmetric information, we find that such announcements can…

  9. Refereed Journal // 2018

    The Effect of Emission Information on Housing Prices: Quasi-experimental evidence from the European Pollutant Release and Transfer Register

    The Effect of Emission Information on Housing Prices: Quasi-experimental evidence from the European Pollutant Release and Transfer Register

  10. Contributions to Edited Volumes and Conference Proceedings // 2017

    Kosten des Klimawandels und Auswirkungen auf die Wirtschaft

    Klimawandelbedingte Kosten entstehen in einer Kaskade von Wirkungsmechanismen und -kreisläufen, die jeweils mit zahlreichen Unsicherheiten verbunden sind. Die Menge der Treibhausgasemissionen bestimmt, wie sich…