We show that in school systems with grade retention or redshirting birth cohort size is negatively related to the grade-level share of students who are too old for their grade. This compositional effect gives…
Climate change can cause major challenges for Small and Medium-sized Enterprises (SMEs). Responding and adapting to such challenges is crucial, as SMEs are vital for driving economic growth and employment in…
During the post-pandemic inflation surge, many central banks actively used communication about the inflation outlook as a policy tool to limit spillovers from realized to expected inflation. We present novel…
Das Leibniz-Zentrum für Europäische Wirtschaftsforschung (ZEW) erhebt seit 1993 jährlich die Innovationsaktivitäten der deutschen Wirtschaft. Die Erhebung findet im Auftrag des Bundesministeriums für Bildung…
Ob Investoren/-innen Photovoltaikanlagen (PV-Anlagen) einführen, hängt stark davon ab, ob es sich für sie lohnt. Hierbei spielen Subventionen eine starke Rolle. Das deutsche Förderprogramm basiert aktuell auf…
We investigate whether family ownership is associated with a preference for patents or trade secrets. Using a sample of S&P 500 firms, we show that family ownership is negatively associated with patenting and…