Financial literacy is a key skill in today's world. It influences individual prosperity, which in turn has an impact on the national economy. In view of the increasingly complex financial world and the growing…

We investigate the misuse of R&D subsidies and evaluate its consequences for policy effectiveness. Developing a theoretical framework and using Chinese firm-level data for 2001-2011, we identify that 42% of…

Drawing on a longitudinal database of Belgian firms over the years 2014-2020, this study investigates the joint effect of R&D grants and R&D tax credits on R&D inputs and innovation outputs. We estimate…

Im September 2023 stellte die CDU das Konzept der „Aktiv-Rente“ vor. Die Idee dahinter ist, den Arbeitsverdienst von Rentnerinnen und Rentnern, die neben dem Bezug einer gesetzlichen Rente eine bezahlte…

We study how the threat of entry affects service quantity and quality of general practitioners (GPs). We leverage Germany’s needs-based primary care planning system, in which the likelihood of new GPs reduces by…

Towards the end of 2023, the German Federal Government introduced the Kindergrundsicherung (basic child benefits) into the legislative process. This short article addresses some economic aspects of the reform.…

Though the use of tracking policies to stratify students is commonplace, evidence concerning the effects of ability-based tracking on student performance is mixed. Using rich data from the Hungarian secondary…

After the beginning of the war in Ukraine, energy prices in Germany increased drastically. The paper analyses responses of German firms to this energy price shock. A variety of measures and reactions at the…