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In this paper we present a computer-based model (so-called European Tax Analyzer) for the international computation and comparison of company tax burdens. The methodology follows the forward-looking concepts for the measurement of effective average tax rates (EATR) on the basis of a model-firm....
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German unifikation hit the West German economy in a prosperous and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the main trading partners of West Germany, which may have helped to cushion recessionary trends...
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Using confidential daily data, we analyse how the intervention episode of the Bank of Israel (BOI) from 2013 to 2019 has affected the foreign value of the Israeli new shekel (ILS) and the expectations about its future value. We find that interventions amounting to US dollar (USD) 1 billion are...
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Einwanderungsländern (Österreich, Belgien, Frankreich, Deutschland, Niederlande und Schweden) zwischen 1965 und Mitte der 1990er Jahre. Die … Deutschland befassten sich mit der sprachlichen Integration von Migration bereits lange bevor von einer staatlichen … Integrationspolitik die Rede sein konnte. Die Niederlande, Belgien und Österreich hingegen ignorierten mögliche Verständigungsprobleme von …
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Counterfeit prevention is a major task for central banks, as it helps to maintain public confidence in the currency. It is often maintained that a high quality of the banknotes in circulation helps the public detect counterfeits. However, there has not been any scientific evidence in support of...
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