The EU member states have committed to achieving climate neutrality, i.e. netzero greenhouse gas (GHG) emissions, by mid-century. The two emissions trading systems (ETSs) in the EU—ETS1 and ETS2—are the lead…
This paper contributes to the ongoing discourse on the taxation of top-income earners by empirically investigating the impact of tax policy changes on pay without performance. Using data on executive…
The global public good nature of climate change mitigation and the resulting free-rider problem require a restructuring of the incentives for countries to price fossil energy consumption. Existing empirical…
The upcoming federal election will influence the political course set for innovation in Germany. Innovation is the key to growth, competitiveness and sustainable progress. Whether artificial intelligence, green…
Reverse engineering allows firms to learn about critical components and design features of competitors' technologies. Historically, reverse engineering has often been used to help technological laggards to…
The labor market integration of asylum seekers remains a contested issue. Using the EU-Labor-Force-Survey, we characterize the state of asylum seekers’ labor market integration in Europe, and provide…
Innovationen sind essenziell für die Wettbewerbsfähigkeit der deutschen Wirtschaft. Kooperationen zwischen Unternehmen und wissenschaftlichen Einrichtungen gewinnen dabei zunehmend an Bedeutung. Unternehmen, die…
We study mechanism design with flexible but costly information acquisition. There is a principal and four or more agents, sharing a common prior over a set of payoff-relevant states. The principal proposes a…
The fundamental challenges that Germany is facing – increasing productivity, combining the transformation to climate neutrality with economic growth, making the economy more resilient – cannot be tackled in…
