We find a substantial and long-lasting positive effect of the introduction of regional minimum wages on training incidence and intensity. We apply a stacked difference-in-differences estimation to identify the…
This study examines the evolving landscape of anti-tax avoidance measures in the European Union (EU), focusing on the interplay between the Anti-Tax Avoidance Directive (ATAD), the EU Blacklist Code of Conduct…
We study how mandatory climate-related disclosure affects bank lending using the phased introduction of the EU Taxonomy Regulation. Exploiting the staggered development and implementation of the regulation, we…
Public procurement requirements and voluntary standards are increasingly used to foster environmental product innovations. However, quantitative evidence on their individual and joint effects is absent, and their…
The German economy has not grown since the coronavirus pandemic began. In their latest annual report, the German Council of Economic Experts therefore calls for prospects to be created for tomorrow, while at the…
The German economy has not grown since the coronavirus pandemic began. In their latest annual report, the German Council of Economic Experts therefore calls for prospects to be created for tomorrow, while at the…
Why are tax systems complex despite a conventional wisdom that simplification is desirable? We study attitudes towards tax simplification using new survey and experimental data. We first document that most…
We examine the long-term regional development effects of the Taiping Rebellion (1850–1864), one of the deadliest civil wars in human history and a critical juncture in China’s path toward modernity. Our analysis…
This paper proposes a game-theoretic model to analyze the strategic behavior of inc-dec gaming in market-based congestion management (redispatch). We extend existing models by considering incomplete information…
