This paper studies the maturity structure of sovereign debt in the euro area and the penetration of the sovereign debt stock with a new type of collective action clauses (CACs), labeled Creditor Participation…
This paper investigates the impact of energy policies on the export performance of firms. There has been a long policy debate on potentially negative impacts of cost-increasing energy policies on international…
Prices and returns are alternative ways to present financial market information and to elicit financial market expectations. But do investors make sense of prices and returns in the same way? Also, do they state…
We investigate the extent to which complementarities between technical and business skills of founders and employees matter for the generation of market novelties by new ventures. Using data about German…
This paper analyzes externalities of patent box regimes in Europe. Tax reductions in foreign affiliates of a firm that also provide a profit shifting opportunity reduce the user cost of capital and thereby…
One aim of the Innovation Union is to promote Openness and Europe’s Creative Potential. In order to achieve this goal 5 different commitments have been implemented within the Innovation Union: - C19:…
One aim of the Innovation Union is to create a Single Innovation Market. In order to achieve this goal, 5 different commitments have been implemented within the Innovation Union: - C14:…
