The study examines the results and effects of KfW's Covid-19 aid programmes. The KfW Covid-19 aid consisted of four loan programmes: KfW entrepreneur loan, ERP start-up loan, KfW quick loan and KfW
Durch eine abnehmende Bedeutung im internationalen Technologie- und Wissenschaftswettbewerb ist das langfristige wirtschaftliche Wachstum von Deutschland bedroht. Die deutsche Exzellenzförderung
Cohesion policy in the European Union (EU) has been widely accepted as a tool to advance the catch-up process, i.e., helping member countries with lower GDP per capita to grow faster economically in o
The global minimum tax is a bold attempt to curb tax avoidance and international tax competition and has been a reality since January 2024. So far, however, it has only been legally implemented in the
This paper studies the welfare effects of school district consolidation. Using incomplete rank-ordered lists (ROLs) submitted for admission to the Hungarian secondary school system, we estimate comple
Production functions provide a mapping from the firms’ input quantity and productivity to output quantity. This mapping only generates unbiased estimates if input and output quality variation wi
Konjunkturerwartungen sinken zum ersten Mal seit einem Jahr Eurozone: Leichte Erholung bei weiterhin pessimistischem Ausblick USA: Sinkende Inflationserwartungen befeuern
Large language models (LLMs) generate human-like text from vast data, enabling natural language communication even for tasks demanding expert knowledge. As LLMs increasingly become an alternative