Stefanie Gäbler prepared this study while she was working at the ifo Center for Public Finance and Political Economy. The study was completed in March 2020 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of six distinct empirical essays...

Luisa Dörr prepared this study while she was working at the ifo Center for Public Finance and Political Economy. The study was completed in February 2022 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of three distinct empirical essays...

Economic growth is a key issue in economic research and a primary concern in economic policy making. After World War II, Western economies experienced historically high rates of economic growth. However, following the first oil crisis in 1973, a period of stagflation set in and in the 1980s,...