Driven by the high energy demand for electricity, heating, and cooling, the building sector is a major consumer of fossil fuels and a major emitter of greenhousegases in Germany. Almost a third of the…

That the successful use of process technology crucially depends on the right organizational infrastructure is known for a long time as well as the fact that the adoption of new process technology may need…

While the German wage structure has long been considered relatively stable at lower percentiles, the past two decades have seen a clear tendency towards more earnings inequality at the bottom end of the…

Government bond markets within the euro zone may have fallen victim to a selffulfilling crisis of confidence. A strategy of structural reforms and consolidation is unavoidable. But this strategy alone could be…

• Economic Expectations for Central and Eastern Europe: Pessimism Returns
• Economic Outlook for the CEE Region, Austria, and the Eurozone
• Czech Republic, Poland, and Slovakia: Bearish Stock Market Revision
• Croatia,…

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Investment behavior is influenced by corporate taxation. High taxes hinder investment, whereas low tax rates favor it, especially within a context of cross- border direct investment. This claim is backed by …

On March 16, 2011, the European Commission released the long-awaited Draft Council Directive on a Common Consolidated Corporate Tax Base (CCCTB). With the Draft Council Directive the Commission aims to…