• Expectations Indicator Rises Sharply, Situation Indicator Almost Unchanged
• Further Significant Recovery in the Office and Hotel Real Estate Segments
• Significant Downturn in Assessments of the Situation in…

The elasticity of taxable income is a key parameter in tax policy analysis. To examine the large variation found in the literature of taxable and broad income elasticities, I conduct a comprehensive…

We design and implement an iterative, program-proposing deferred acceptance mechanism with ties (IDAT) and apply it to childcare assignment in two German cities. The mechanism can accommodate complementarities…

• ZEW-ZEPHYR M&A Index Stabilises as Negative Trend May Come to an End
• Oil Industry Consolidating at Rapid Pace as Number of M&A Deals Hits All-Time Low
• Pandemic Slows M&A Announcements in the German Real…

• Misappropriation of Subsidies Weakens Effectiveness of Chinese Innovation Policy
• Which Measures Promote Energy Savings in Private Households Most Cost-Effectively?
• Debt-Equity Bias Should Be Addressed on…

Chapter of e-book edited by Oriana Bandiera, Erica Bosio  and Giancarlo Spagnolo

To insure policyholders against contemporaneous health expenditure shocks and future reclassification risk, long-term health insurance constitutes an alternative to community-rated short-term contracts with an…