Sectoral heterogeneity is crucial to address several economic questions. This pap er provides a detailed mapping of sectoral pro duction p ossibility frontiers, using different nesting structures and levels of…
Climate change is one of the most pressing challenges in current environmental policy. Appropriate policies intended to stimulate efficient adaptation and mitigation should not exclusively rely on the assumption…
This paper evaluates the effects of a major Swedish school choice reform. The reform in 1992 increased school choice and competition among public schools as well as through a large-scale introduction of private…
Fiscal federalism in Germany is characterized by lacking sub-national tax autonomy and intensive fiscal equalization. Due to a sunset clause, the current equalization syst em has to be renegotiated by the year…
Die Schätzung der privaten Erträge aus Investitionen in Forschung und Entwicklung (FuE) steht seit langem im Fokus vieler empirischer Arbeiten. Als Ansatz wird zumeist eine Wissensproduktionsfunktion verwendet.…
Die USA sind das letzte Land, das noch Repatriierungssteuern auf ausländische Direktinvestitionen erhebt. Werden Gewinne einer ausländischen Tochtergesellschaft an die Muttergesellschaft ausgeschüttet, besteuern…
Recently Acemolgu, Aghion, Bursztyn and Hemous (AER 2012) formulated a model in which a high macroeconomic elasticity of substitution between clean and dirty production represents a crucial condition for green…