The German experience of the crisis was very different compared to those of most other countries in Europe. Germany was hit by a very strong shock which was relatively concentrated in the exporting,…
This report analyses how anti-carbon leakage measures, i.e. Border Carbon Adjustments (BCA), would interact with domestic and foreign firms’ R&D investment. The results of a multi- country multi-sector…
On 26 October 2014, the European Central Bank (ECB) published the results of the comprehensive assessment that comprised both an asset quality review (AQR)as well as a stress test. Banks that have shown capital…
The acquisition of information is an important feature in most auctions where one’s exact private valuation is unknown ex-ante. We conducted the first experiment in testing a risk-neutral expected surplus…
