Similar Search Results

Bid-to-cover and yield changes around public debt auctions in the euro area

Beetsma, Roel; Giuliodori, Massimo; Hanson, Jesper; de … - 2017

Earlier research has shown that euro-area primary public debt markets affect secondary markets. We find that more successful auctions of euro area public debt, as captured by higher bid-to-cover ratios, lead to lower secondary-market yields following the auctions. This effect is stronger when...

Persistent link: https://www.econbiz.de/10011804371

Bid-to-Cover and Yield Changes Around Public Debt Auctions in the Euro Area

Beetsma, Roel M. W. J. - 2017

Persistent link: https://www.econbiz.de/10012956251

The disappearing tax base: is foreign direct investment eroding corporate income taxes?

Gropp, Reint E.; Kostial, Kristina - 2000

This paper analyzes the link between Foreign Direct Investment (FDI), corporate taxation, and corporate tax revenues …. We find strong evidence that FDI in (out) flows are affected by tax regimes in the host (home) countries and FDI flows in … turn affect the corporate tax base. Simulations of EU harmonization (isolating the revenue effect of FDI on the tax base …

Persistent link: https://www.econbiz.de/10011604077

Firm responses to employment subsidies: a regression discontinuity approach to the 2012 Spanish labour market reform

Gamberoni, Elisa; Gradeva, Katerina; Weber, Sebastian - 2016

This study focuses on the employment effect of a hiring subsidy available to firms with less than 50 employees, granted in the context of the 2012 Spanish labour market reform. Exploiting the arbitrary firm size threshold using regression discontinuity design, estimates show on average 2...

Persistent link: https://www.econbiz.de/10011606015

Productivity-enhancing reallocation during the Covid-19 pandemic

Lalinsky, Tibor; Meriküll, Jaanika; López-García, Paloma - 2024

This paper studies how the Covid-19 pandemic and the extensive job retention support that accompanied it affected productivity in Europe. The focus is on the reallocation channel and productivity-enhancing reallocation of jobs, following Foster et al., 2016. An extensive micro-distributed...

Persistent link: https://www.econbiz.de/10014565193

Subsidising car purchases in the euro area: Any spill-over on production?

Paredes, Joan - 2017

Due to input-output linkages, an industry level shock can widely transmit to the rest of the economy. We identify government policies on the automobile industry, which change final prices and estimate their effect on sales and production. An example could be the scrappage schemes that many...