Publications of the Research Unit Corporate Taxation and Public Finance

  1. ZEW Discussion Paper No. 05-16 // 2005

    Neighborhood Influence and Political Change: Evidence from US School Districts

    This paper investigates how local jurisdictions in a federal system influence each other in the adoption of policy innovations. We look at school districts in Michigan and their participation in a public…

  2. ZEW Discussion Paper No. 05-12 // 2005

    Planning or Propaganda? An Evaluation of Germany’s Medium-term Budgetary Planning

    In Germany, the medium-term financial planning (“Mifrifi”) was introduced at the end of the sixties. This study scrutinizes the experience of the German Bund with more than thirty years of financial planning. …

  3. ZEW Discussion Paper No. 05-11 // 2005

    Yardstick Competition and Policy Innovation

    A simple model of yardstick competition between jurisdictions is presented. Governments of jurisdictions face the alternative to choose between an old and a new policy with stochastic payoffs. The new policy…

  4. ZEW Discussion Paper No. 05-08 // 2005

    Policy Innovation in Local Jurisdictions: Testing the Neighborhood Influence Against the Free-Riding Hypothesis

    Before making di±cult decisions, individuals tend to collect information on decision makers in reference groups. With respect to policy innovations in a decentralized public sector, this may give rise to…

  5. ZEW Discussion Paper No. 05-01 // 2005

    The Costs of Supervisory Fragmentation in Europe

    Financial markets in Europe become more and more integrated. The persisting fragmentation of financial supervision, however, constitutes a lasting obstacle to integration. The aim of this paper is to assess…

  6. ZEW Economic Studies Vol. 28 // 2005

    The Effective Tax Burden of Companies in European Regions

    The tax burden on investment or companies is an important factor for the attractiveness of a country or a region. In particular, business location and investment decisions are influenced by the relative tax…