Using a unique matched bank-employer-employee administrative dataset for Italy, we construct an exogenous firm-level measure of exposure to the credit shock during the Global Financial Crisis, based on…
After the end of the Cold War, the U.S. withdrew approximately 200,000 soldiers from Germany within a few years. A joint study by the ZEW in Mannheim and the University of Cologne shows that this had significant…
This paper documents the evolution of labor earnings and earnings dynamics in Greece during 2002–2023 using administrative matched employer–employee data from the Greek social security system. The data span the…
This paper analyzes the local economic impacts of troop deployments. We exploit variation from the historic large-scale US troop withdrawal from Germany triggered by the end of the Cold War, to estimate the…
For many mothers, having children leads to a significant drop in income. In the latest episode of the ZEW podcast “Wirklich Wirtschaft,” Dr Lukas Riedel from ZEW's “Inequality and Distribution Policy” research…