We exploit proprietary information on severed correspondent banking relationships (due to the stricter enforcement of financial crime regulation) to assess how payment disruptions impede cross-border trade.…
We suggest an alternative indicator that can lead to price reductions in the public procurement market for goods, i.e., the elasticity of prices to quantities purchased. We apply the analysis to the procurement…
Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We…
This paper explores the connection between the proliferation of cashless, or e-money, payments and value-added tax (VAT) compliance. We present both visual and descriptive evidence that illustrates a negative…
In the past decade, the Creator Economy has witnessed unprecedented growth. This dynamic ecosystem thrives on a multi-sided business model, connecting content creators, users, and advertisers. However, matching…
Ein ereignisreiches Jahr neigt sich dem Ende zu. In der letzten Ausgabe des ZEW Monthly in diesem Jahr blicken wir daher zurück auf das, was 2023 am ZEW Mannheim geprägt hat. Dazu gehören unsere redaktionellen,…
2023 war ein turbulentes Jahr. Waren es anfangs noch die Inflation und die Angst um eine Gasmangellage, stehen gegen Ende des Jahres das Karlsruher Urteil zur Schuldenbremse, die daraus folgende Debatte um die…