This paper examines the effects of real estate transfer taxes (RETT) on house prices using a rich micro dataset on German properties covering the period from 2005 to 2018. We exploit a 2006 constitutional reform that allowed states to set their own RETT rates, leading to frequent increases in...

This article sheds light on the impact of the media on economists' expectations for future economic developments. We conducted a worldwide economic expert survey and find that the media provides most economists with valuable information that influences their expectations. This applies...

This paper analyzes behavioral responses to a reform in the German public pension system that allowed individuals with a long contribution history to retire without deductions before reaching the regular retirement age. Following the 2014 reform, individuals with 45 contribution years could...

European countries have the world's most redistributive tax and transfer systems. While they have been well equipped to deal with vertical inequality – that is, fostering redistribution from the rich to the poor – less is known about their performance in dealing with horizontal inequality,...

This paper assesses to which degree housing purchase subsidies are capitalized into property prices. Using a large-scale micro data set on German house prices, I exploit the introduction of a new subsidy scheme in the state of Bavaria. My difference-indifference estimations at the Bavarian...

In this paper, we ask whether it is possible to forecast gross value-added (GVA) and its sectoral subcomponents at the regional level. With an autoregressive distributed lagmodel we forecast total and sectoral GVA for one German state (Saxony) with more than 300 indicators from different...

While output and impact assessments were initially at the forefront of institutional research evaluations, efficiency measurements have become popular in recent years. Research efficiency is measured by indicators that relate research output to input. The additional consideration of research...

In research into higher education, the evaluation of completion and dropout rates has generated a steady stream of interest for decades. While most studies only calculate quotes using student and graduate numbers for both phenomena, we propose to also consider the budget available to...

Im September 2015 veröffentlichten das Handelsblatt und die Frankfurter Allgemeine Zeitung nahezu gleichzeitig ihre Ökonomen-Rankings. Diese zwei inzwischen regelmäßig erscheinenden (zwei-)jährlichen Rankings unterscheiden sich von dem monatlich erscheinenden RePEc-Ranking sowohl im Ansatz...

Im September 2013 veröffentlichte die Frankfurter Allgemeine Zeitung (FAZ) ein neuesÖkonomenranking. Dieses berücksichtigt neben der Forschungsleistung auch nochzwei weitere Aspekte: Medienpräsenz und Politikberatung. In diesem Artikel wird dasFAZ‐Ranking einer kritischen Analyse...