Showing 1 - 10 of 3,263
We develop an analysis of ex ante monitoring of risky projects in banking. If protected from competition, banks are more concerned about not catching good risk projects when the perceived state of the economy improves, while they are more concerned about being induced to finance bad risk...
Persistent link: https://www.econbiz.de/10011417798
We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the … present-value multipliers for distinct fiscal instruments, and to assess how discretionary fiscal policy in Germany and the …-on-quarter GDP growth substantially, both in Germany and in the rest of the Euro Area. The main drivers of GDP growth in Europe …
Persistent link: https://www.econbiz.de/10010516561
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the framework of a large-scale general equilibrium model for Germany and India where Germany may undertake joint … efficient power plants produced in Germany. This provides positive employment effects and additional income for Germany. For …
Persistent link: https://www.econbiz.de/10013428363
Arbeitsmarktpolitik (AAMP) in Deutschland. Das Grundproblem mikroökonomischer Evaluation besteht darin, den Vergleichsmaßstab bei …Dieser Beitrag gibt einen Überblick der neueren wissenschaftlichen Literatur zur Evaluation der Aktiven … der möglichen Endogenität der AAMP Rechnung tragen. Die meisten Evaluationsstudien für Deutschland zeigen keine signifiant …
Persistent link: https://www.econbiz.de/10013428310
This paper suggests a causal framework for disentangling individual level treatment effects and interference effects, i.e., general equilibrium, spillover, or interaction effects related to treatment distribution. Thus, the framework allows for a relaxation of the Stable Unit Treatment Value...
Persistent link: https://www.econbiz.de/10011626689
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...
Persistent link: https://www.econbiz.de/10012661468
Persistent link: https://www.econbiz.de/10012818352
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...
Persistent link: https://www.econbiz.de/10013175474
Persistent link: https://www.econbiz.de/10010464925