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...

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...

Seit der Ankündigung des Mietendeckels haben sich die Mietpreise von Wohnungen, die vom Mietendeckel betroffen sind, und jenen, die nicht unter die Regulierung fallen, auseinanderentwickeln. Während die Mieten von regulierten Wohnungen seit Juli 2019 langsamer steigen als in anderen deutschen...

We investigate the degree of (a)symmetry of macroeconomic fluctuations within the euro area (EA). Our findings indicate, first, a high degree of co-movement of cyclical GDP across EA member states. However, the amplitudes of national business cycles appear to vary notably, meaning that booms and...

This paper contributes to the current debate how a faster implementation of structural reforms fostering the process of economic convergence in Europe can be achieved. We discuss the rationale and potential adverse effects of providing financial incentives for structural reforms. After a...

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...

Vor rund einem Jahr wurde der Berliner Mietendeckel für verfassungswidrig erklärt. Dieser Beitrag untersucht die Auswirkungen seiner Einführung und Aufhebung auf die Miet- und Kaufpreise für Wohnungen sowie die Zahl an Miet- und Kaufannoncen in Berlin. Hierfür vergleichen wir die...

We present a novel approach for analyzing the effects of EU cohesion policy on local economic activity. For all municipalities in the border area of the Czech Republic, Germany and Poland, we collect project-level data on EU funding in the period between 2007 and 2013. Using night light emission...

We present a novel approach for analyzing the effects of EU cohesion policy on local economic activity. For all municipalities in the border area of the Czech Republic, Germany and Poland, we collect project-level data on EU funding in the period between 2007 and 2013. Using night light emission...