Both the developed as well as the developing world have witnessed substantial territorial changes at all tiers of government over the last few decades. However, causal evidence on the economic consequences of…
The research project "Analyses of costs and returns to subject change and university dropout" (AKEFS) examined select causes and economic consequences of changing the field of study or leaving university without a…
Economies and societies worldwide are currently in a digital transformation process. Digitalisation is seen as an important enabler for innovation. However, recent studies show that especially small- and…
Extreme hydrological events, such as those which recently occurred in Austria, Switzerland and Germany have focused the attention of the European community on the vulnerability to natural hazards. In the same…
Increased refugee immigration to Europe in 2015 still constitutes a major policy concern for host countries. At that time, potential impacts of immigration on host countries’ societies and economies were…
Economic activity is increasingly shifting from offline to online markets, which provide enormous opportunities for welfare gains. At the same time, network effects, the availability of big data and other typical…
The purpose of this project is to investigate the influence of tax incentives on the financial structures of acquisitions by multinational entities (MNE). In case of mergers and acquisitions (M&As), purchase…
The world of work is becoming increasingly digitized. This process induces a fundamental change of the world of work, which brings along new challenges for different aspects of social policy. This project focuses…
The benefits and effectiveness of tax incentives must be proven in the same way as direct subsidies. Economic relevance, efficiency, transparency and sustainability are further criteria in which tax reliefs…
Over the years, the importance of digitalization has been increasingly accelerating and influencing production, business processes as well as the creation of new business models. Consequently, it is expected that…
FRAME will develop a new generation of Dynamic Stochastic General Equilibrium (DSGE) models that will advance the state of the art by allowing for the first time realistic estimates of the impact of public…