Publications of the Research Unit Corporate Taxation and Public Finance

  1. ZEW Discussion Paper No. 05-70 // 2005

    Does it Pay to Watch Central Bankers’ Lips? The Information Content of ECB Wording

    In this analysis, the informational content of central bank rhetoric is assessed based on the experience with the ECB since 1999. Among the ECB’s communication channels we focus on the monthly press conferences.…

  2. ZEW Discussion Paper No. 05-39 // 2005

    Costs, Preferences, and Institutions: An Empirical Analysis of the Determinants of Government Decentralization

    This paper examines the factors determining vertical government structures. An empirical analysis for a panel of OECD countries indicates that apart from preferences, economies of scale, and other factors,…