We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms 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...

This paper investigates the relationship between personality traits and female labor force participation. While research on the role of cognitive skills for individual labor market success has a long tradition in economics, comparatively little is known about the channels through which...

In the tax policy debate, differentiation of value-added taxes is often justified by distributional concerns. Our quantitative analysis for Germany indicates that such concerns are misplaced. We find that the abolition of VAT differentiation has only negligible redistributive effects. Instead,...

This paper empirically analyses whether both personal and corporate taxation have an impact on companies' capital structure decisions. We investigate the effect of the difference in taxation of debt and equity financing on capital structures. Our empirical results, based on a comprehensive panel...

Der Anfang der 1990er Jahre eingeführte Solidaritätszuschlag ist eine Ergänzungsabgabe zur Einkommensteuer, Kapitalertragsteuer und Körperschaftsteuer in Deutschland. In steuerpolitischen Debatten wird in regelmäßigen Abständen seine Abschaffung gefordert. Als eine Alternative zur...

In this paper we estimate the effects of an unconditional basic income on labor supply and income distribution with a special focus on the incentives to work in the family context. An unconditional basic income guarantees every citizen a minimum income without any means-testing. We simulate a...

This paper compares the work attachment of French and German women after childbirth. Both fertility and employment of mothers are higher in France than in Germany. Since the sample of mothers deciding on employment after a child is born might not be representative for all women, we take account...

Dieser Beitrag untersucht die Entscheidung junger Mütter, die im Jahr vor der Geburt eines Kindes berufstätig waren, in einem Zeitraum von bis zu drei Jahren nach der Geburt auf den Arbeitsmarkt zurückzukehren. Neben dem Einfluss sozioökonomischer Faktoren werden die Auswirkungen...

In this paper, the labour supply of married women in Poland is studied using the Polish Labour Force Survey of February 1993 on three competing econometric models, viz. Tobit, Three Regime Tobit and Heckit. It is shown that the choice of model has an influence on conclusions drawn. In...

In the tax policy debate, differentiation of value-added taxes is often justified by distributional concerns. Our quantitative analysis for Germany indicates that such concerns are misplaced. We find that the abolition of VAT differentiation has only negligible redistributive effects. Instead,...