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Berkeley Economist Zucman to Present His Book on Tax Dumping at ZEW Mannheim

Third Digital #ZEWBookTalk via Livestream

10.03.2021 · ZEW (ksd/ggr)

Public Events

In our third digital #ZEWBookTalk on 10 March 2021 at 5 pm CET, the influential Berkeley economist Gabriel Zucman will present his new book “The Triumph of Injustice: Taxes and Inequality in the 21st Century“, which he co-authored with Emmanuel Saez. The two renowned economic experts not only show a close interconnection between declining top marginal tax rates and inequality, they also formulate groundbreaking proposals for fairer tax systems in a globalised world.

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Women on the Board Have a Positive Impact on Companies’ Value

05.03.2021 · ZEW (vme/lra/sel)

Research

Women on the board of companies have a positive impact on their value. Crucially, the quota for women in corporate management – also known as a boardroom quota – primarily results in the scaling down inefficient corporate processes. These are the findings of a study conducted by ZEW Mannheim and the New Economic School in Moscow. The study examined both the corporate board structure and the characteristics of its board members in seven European countries with regulations concerning this quota which range from light to rigorous. A further step was to investigate the effects of the quota on firms’ value and operations, using financial data on the years before the quota was announced and after the compliance date had passed.

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“We Are Facing a Significant Insolvency Gap”

ZEW President Achim Wambach at the Leibniz Economic Summit

04.03.2021 · ZEW (awh)

Comment

The economic consequences of the pandemic will be felt in Germany and around the world for some time to come. Together with the presidents of the six German economic research institutes of the Leibniz Association, the President of ZEW Mannheim, Professor Achim Wambach, today discussed “The Economic Consequences of the Pandemic” at the annual Leibniz Economic Summit:

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Outlook for China Improves Again

CEP Indicator Stands at 64.0 Points

02.03.2021 · ZEW (msc/sel)

China Economic Panel

In the February 2021 survey (16–24 February 2021), the CEP indicator increased by 9.1 points to a new value of 64.0 points, its highest value to date since the survey began in mid-2013. The CEP indicator, based on the China Economic Panel (CEP) and conducted by ZEW Mannheim in cooperation with Fudan University, Shanghai, reflects the economic expectations of international financial market experts for China on a 12-month basis.

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COVID-19 State Aid Leads to Dangerous Backlog of Corporate Insolvencies

26.02.2021 · ZEW (gli/jdo/scw/sel)

Research

In response to the first COVID-19-related lockdown, particularly small and medium-sized enterprises in Germany received easy access to extensive state aid in order to strengthen the liquidity position of cash-strapped firms. For the most part, this was done in a ‘whatever-it-takes’ fashion to rescue as many firms as possible from insolvency. Clearly, it has been necessary to support healthy companies whose financial difficulties have been the result of the pandemic and the associated measures. However, struggling companies whose existence would have been under threat even without the lockdown also received financial aid. Due to the urgency of the measures, they were implemented in an untargeted manner, which – in addition to generating direct costs in the billions – could also have negative consequences for medium-term growth opportunities and productivity development in Germany. As a recent study by ZEW Mannheim shows, the untargeted financial support has contributed to a backlog of corporate insolvencies. In particular, very small, financially weak companies, which under normal economic circumstances would have been highly likely to file for insolvency, were kept alive without the prospect of successful recovery.

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Coronavirus Crisis

Digitalisation

European Integration

Coronavirus Crisis

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Digitalisation

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European Integration

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04.03.2021 · ZEW (ggr/sel)
Comment
Using Experience from Ministerial Authorisation Procedures at European Level
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Dates and News
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“Low Deficit Also a Symptom for High Investment Hurdles” ZEW Economist Friedrich Heinemann on Destatis Figures Concerning Germany’s Government Deficit
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Conferences
ZEW Conference on Ageing and Financial Markets Economists Discuss the Effect of Demographic Change on Household Finances and Banking
22.02.2021 · ZEW (ibe/deg)
Research
COVID-19 Crisis Hampers Companies’ Innovation Activities ZEW Survey on the Impact of the COVID-19 Crisis on Innovation Activity as Part of the EFI Report

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ZEW Discussion Paper No. 21-025

Monetary Incentives and the Contagion of Unethical Behavior

ZEW Discussion Paper No. 21-024

Collaborative Tax Evasion in the Provision of Services to Consumers – a Field Experiment

ZEW Discussion Paper No. 21-023

Gender Diversity in Corporate Boards: Evidence From Quota-Implied Discontinuities

ZEW Discussion Paper No. 21-022

Taxes and Business Philanthropy in Armenia

ZEW Discussion Paper No. 21-021

Disambiguation by Namesake Risk Assessment

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The Distributional Impacts of Real-Time Pricing in the Spanish Residential Electricity Market Joint Seminar ZEW and MISES
08.03.2021 · Scientific Events Research Seminars: Decarbonization Seminar
Speaker: Mar Reguant (Northwestern University, Evanston, USA)
Including Natural Disasters into Macro-fiscal Models and Analyses
10.03.2021 · Scientific Events Research Seminars: SWEEEP Seminar
Speaker: Stephane Hallegatte (The World Bank Group, Washington, DC, USA)
#ZEWBookTalk Gabriel Zucman: “The Triumph of Injustice: How the Rich Dodge Taxes and How to Make Them Pay”
10.03.2021 · Public Events #ZEWBookTalk
Speaker: Gabriel Zucman (University of California, Berkeley, USA)
Where Is Standard of Living the Highest? Local Prices and the Geography of Consumption
10.03.2021 · Scientific Events Research Seminars: Mannheim Applied Seminar
Speaker: Enrico Moretti (Haas School of Business at the University of California, Berkeley, USA)
2021 MaCCI Annual Conference
11. - 12.03.2021 · Scientific Events Conference
Keynote Speakers: Michael Whinston (Massachusetts Institute of Technology (MIT), Cambridge, USA), Herbert Hovenkamp (University of Pennsylvania Law School, Philadelphia, USA)

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Executive Directors Professor Achim Wambach and Thomas Kohl

Executive Directors

Achim Wambach, President
Thomas Kohl, Managing Director

ZEW’s main goals are to

conduct politically relevant research and
provide science-based policy advice.

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10.03.2021 · Online

#ZEWBookTalk

Gabriel Zucman