We study the political economy of allocation decisions within a major state investment bank. Our focus is the European Investment Bank (EIB) - "The Bank of the EU" - which is the largest multilateral lending…

We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income…

Organisation capital is a key intangible asset, driving innovation and firm performance. Measuring this asset is notoriously difficult. This paper applies a firm-level production function approach including, in…

International carbon markets are frequently propagated as an efficient instrument for reducing CO2 emissions. We argue that such markets, despite their desirable efficiency properties, might not be in the best…

• Konjunktureinbruch in der Informationswirtschaft
• Viele Unternehmen stellen DSGVO schlechtes Zeugnis aus

Ziel dieser Studie ist es, für die 28 EU-Staaten sowie die Schweiz, Norwegen, Republik Mazedonien, Türkei, USA, Kanada und Japan effektive Steuersätze zu ermitteln. Dabei stützt sich die Berechnung der…

• Coronavirus Pandemic Poses Threat to Existence of Many Businesses
• Lack of Qualified Personnel Becomes a Major Barrier to Innovation
• EU Acceptance Depends on Its Institutions
• Cyberattacks Threaten Company…

• Die Corona-Pandemie gefährdet die Existenz vieler Unternehmen in Deutschland
• Innovative Unternehmen kommen besser durch Krisenzeiten
• Mangel an Fachkräften mit Berufsausbildung schränkt Innovationstätigkeit…