The European Commission recently implemented the minimum tax directive (Pillar 2) to ensure that corporate profits are at least taxed at 15%. At the same time, it proposed a legislative initiative
The ZEW Indicator of Economic Sentiment for Germany again recorded an increase in the current April 2024 survey. At 42.9 points, it is 11.2 points above the March value. In contrast, the assessment of
Job loss is a common shock in low-income countries, but formal insurance against it is typically limited. In the aftermath of a mass layoff in Ethiopia’s Hawassa Industrial Park, the paper present
Minimum wages generate an asymmetric pass-through of firm shocks across workers. We establish this result leveraging employer-employee data on Italian metal manufacturing firms, which face different w
In the context of a growing international economic integration, taxation becomes a more and more central factor in the competition of regions and countries for international investment and skilled
The EU directive on public country-by-country reporting requires multinational corporations to make their tax activities more transparent starting this year. The aim is to create a level playing field
In the context of the war in Ukraine and the deteriorating security situation on the continent, the European defence industrial strategy (EDIS), proposed on 5 March, aims to achieve “EU readiness
Economics lacks a unified general model capable of explaining sexual exchange from an economic perspective and encompassing theories of marriage and paid sex as special cases. The paper presented
On 10 April 2024, the Federal Cabinet acknowledged the final report on the 11th Spending Review, titled “Verbesserung der Wirkungsorientierung im Bundeshaushalt mit einem Schwerpunkt Nachhaltigkeit” (