This article analyses the link between the wage rate and the incentives to develop and adopt a labour-augmenting innovation in a vertical market. In a model where an upstream monopolist sells the innovation to…
The present research report analyses the fiscal effects that would result from increasing the minimum wage to a level of 12 euros per hour. The calculations are carried out using the ZEW microsimulation model,…
Using novel data on speeches held by members of the European Central Bank’s Executive Board, we investigate whether monetary policy transparency has increased over time. With respect to the general public as the…
Co-producing scientific research with those who are affected by it is an emerging phenomenon in contemporary science. This article summarizes and reflects on both the process and outcome of a novel experiment to…
Host-country policies shape the incentives and opportunities of MNC subsidiaries to innovate. However, prior research largely ignores the agency of foreign MNC subsidiaries receiving government R&D subsidies…
We examine the capital market reaction to the announcement of the European Union (EU) to introduce a public tax country-by-country reporting (CbCR) regime. By employing an event study methodology, we find a…