Exploiting the staggered implementation of board gender quotas in Europe, this study examines their effect on firms’ environmental, social, and governance (ESG) performance. I find that firms’ environmental and…
About half of government expenditure in the United States takes the form of government consumption (e.g., education, defense, infrastructure). In many studies of post-tax inequality based on the DINA framework…
We examine financial literacy in Germany and its relevance for financial wellbeing. Using data from the Panel on Household Finances collected in 2021, we show that about 62% of German households answer the Big…
ZEW wouldn't be the same without its alumni. That's why we dedicate the April edition of the ZEW Monthly to our Alumni Network and its over 600 members.
With the final approval of the EU’s Artificial Intelligence Act (AI Act), it is now clear that general-purpose AI (GPAI) models with systemic risk will need to undergo adversarial testing. This provision is a…
We analyze the technology sovereignty of Europe, the US, China, Japan, and Korea, representing the world’s leading innovators. By examining citations from the universe of PCT patent applications between 2000 and…
The global economic landscape has fundamentally shifted from the paradigm of globalization to renewed concerns regarding the risks and rewards of technological interdependence. This shift has sparked a critical…
While many digital technologies provide opportunities for creating business models with an impact on sustainability, some technologies, especially blockchain applications, are often criticized for harming the…
This paper evaluates the Multilateral Convention to implement Pillar I Amount A, released by the OECD in October 2023, and the alternative proposal of Art. 12B for tax treaties suggested by the UN, with a…