We investigate the misappropriation of R&D subsidies and evaluate its consequences for policy effectiveness. Using Chinese firm-level data for 2001-2011, we identify that 42% of grantees misused R&D subsidies, accounting for 53% of total R&D subsidies. Misappropriation leads to a substantial...

In evaluating the effectiveness of R&D subsidies, the literature has focused on potential crowding out effects, while the possibility of misappropriation of public funds that results from moral hazard behavior has been completely neglected. This study develops a theoretical framework with which...

Bei der Vereinheitlichung der Lebensverhältnisse in Ost- und Westdeutschland spielen die Arbeitseinkommen eine zentrale Rolle. Nach der Übernahme des westdeutschen Tarifsystems werden auch in Ostdeutschland die Arbeitseinkommen durch Tarifverhandlungen von Arbeitnehmer- und...

This paper explores the potential of an approach suggested by Manski of obtaining nonparametric bounds for treatment effects in evaluation studies without knowledge of the participation process. The practical concern is the effects of continuous vocational training in East Germany. The empirical...