simultaneity between subsidy allocation and the qualitative composition of the innovative output, as well as the endogeneity of … the innovation subsidy; far from 'doing better' as a result of government intervention, supported firms appear to exhaust …

. First, there have been many recent calls for the (relatively new) UK R&D subsidy to be extended to other research activities … of market sector spillovers from intangible investment and from public R&D. We find (a) no evidence of spillover effects … from intangible investment at the market sector level, including from R&D, (b) strong evidence of market sector spillovers …

in East Germany after reunification. We show that a 1-percentage-point decrease in the subsidy rate leads to a 1 …% decrease in manufacturing employment. We document important spillovers for untreated sectors in treated counties, untreated … counties connected via trade and local taxes, whereas we do not find spillovers on counties in the same local labor market. We …

start-up subsidy for unemployed individuals in Germany using propensity score matching under the CIA. Having access to rich …

The German start-up subsidy (SUS) program for the unemployed has recently undergone a major make-over, altering its …-reform subsidy on individual employment prospects and labor market earnings up to 40 months after entering the program. Our results … suggest large and persistent long-term effects of the subsidy on employment probabilities and net earned income. These effects …