Publications of the Research Unit Corporate Taxation and Public Finance

  1. Refereed Journal // 2022

    Democracy and the Quality of Economic Institutions: Theory and Evidence

    We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model further suggests that institutional quality varies more across autocracies than across…

  2. ZEW expert brief // 2022

    Magnitudes and Capital Key Divergence of the Eurosystem’s PSPP/PEPP Purchases – Update June 2022

    The ECB is about to discontinue its net asset purchases. In December 2021, the ECB Council had already decided to end net purchases under the Pandemic Emergency Purchase Programme (PEPP) by the end of March…

  3. Refereed Journal // 2022

    Supplier Selection and Contract Enforcement: Evidence from Performance Bonding

    We analyze an important but little-studied institution for balancing supply risk in the management of procurement operations: performance bonding. By adding the surety as a third party that guarantees…

  4. ZEW expert brief // 2022

    Representing the Future in Aging Societies: Policy Implications of the Voting Age Reform in Germany

    Aging societies face a fundamental challenge: How to represent future oriented policies in the politics of today? Voting age reforms and, more generally, policies that encourage the participation of the youth in…

  5. ZEW Discussion Paper // 2022

    Privatizing Disability Insurance

    Public disability insurance (DI) programs in many countries face pressure to reduce their generosity in order to remain sustainable. In this paper, we investigate the welfare effects of giving a larger role to…