This paper investigates whether the impact of trade shocks on employment and wages persists across generations. Using survey data with retrospective information on parental employment, we study the causal effect…
Die Standortattraktivität Deutschlands hat in den letzten Jahren abgenommen. Im Länderindex der Stiftung Familienunternehmen liegt Deutschland nur noch auf Platz 18 von 21, in der Kategorie Steuern sogar auf dem…
We estimate short-term capital-market effects of unionization efforts at publicly-listed firms and their subsidiaries in the United States between 2011 and 2019. Our short-horizon event study reports significant…
Der für die Gastronomie aktuell reduzierte Mehrwertsteuersatz soll Ende 2023 auslaufen. Allerdings wünschen sich einige Politiker/innen, Verbände und Gastwirte/-innen eine Entfristung der 7-Prozent-Regelung und…
We study multi-category housing allocation problems: A set of objects, which is sorted into categories of equal size, has to be allocated to a set of individuals, such that everyone obtains exactly one object from…
The availability of social media data is growing and represents a new data source for economic research. This paper presents a detailed study on the use of data from a career-oriented social networking platform…
Policymakers regularly rely on public financial institutions and government offices to provide loans to clean energy projects. However, the market failures that public loan provision addresses and the role it…
This paper proposes a novel estimator for nonparametric instrumental regression while controlling for additive two-way fixed effects. In particular, the Landweber–Fridman regularization, to overcome the…
This paper investigates a unique policy designed to maintain employment during the privatization of East German firms after the fall of the Iron Curtain. The policy required new owners of the firms to commit to…