European leaders debate the establishment of a “European Recovery Fund” (ERF). The ERF shall help the European economy to restart growth after the COVID-19 pandemic-related recession that is currently unfolding.…
In dieser ZEW-Kurzanalyse analysieren die Autoren/-innen die Webseiten von circa 1,1 Millionen deutschen Unternehmen zwei Mal wöchentlich auf die Nennung des Wortes „Corona“ und entsprechender Synonyme.…
Die Maßnahmen zur Verlangsamung der Verbreitung des Covid-19-Erregers haben die Weltwirtschaft in weiten Teilen zum Erliegen gebracht. Dies wird in Deutschland sowie in vielen anderen Ländern zu einer tiefen…
Using public procurement to promote private innovation activities has attracted increasing attention recently. Germany implemented a legal change in its procurement framework in 2009, which allowed government…
This paper tests for the sensitivity of R&D to financing constraints conditional on restrictions in external financing. Financing constraints of firms are identified by an exogenously calculated rating index.…
We discuss important properties and pitfalls of panel-data event study designs. We derive three main results. First, binning of effect window endpoints is a practical necessity and key for identification of…
