This paper studies the impact of environmental innovation on employment growth using firmlevel data for 16 European countries and the period 2006-2008. It extends the model by Harrison et al (2008) in order to distinguish between employment effects of environmental and non-environmental product...

This paper studies the impact of environmental innovation on employment growth using firm-level data for 16 European countries and the period 2006-2008. It extends the model by Harrison et al (2008) in order to distinguish between employment effects of environmental and non-environmental product...

The paper investigates the reaction of public R&D spending on economic crises. We are interested in two counteracting motives: On the one hand, public R&D spending can be seen as a means to fight the crisis, and governments may decide to increase their R&D budgets. On the other hand, a crisis...

The COVID-19 pandemic has affected firms in many economies. Exploiting treatment heterogeneity, we use a difference-in-differences design to causally identify the short-run impact of COVID-19 on innovation spending in 2020 and expected innovation spending in subsequent years. Based on a...

The paper investigates the reaction of public R&D spending on economic crises. We are interested in two counteracting motives: On the one hand, public R&D spending can be seen as a means to fight the crisis, and governments may decide to increase their R&D budgets. On the other hand, a crisis...

We study the cyclicality of public R&D in 28 OECD countries (1995 – 2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes a cyclical during recessions. It is also heterogeneous across countries: Innovation leaders and...

Die Maßnahmen zur Verlangsamung der Verbreitung des Covid-19-Erregers haben die Weltwirtschaft in weiten Teilen zum Erliegen gebracht. Dies wird in Deutschland sowie in vielen anderen Ländern zu einer tiefen Rezession im Jahr 2020 führen. Der konjunkturelle Einbruch wird auch die Bereitschaft...

We study the cyclicality of public R&D in 28 OECD countries (1995-2017). While procyclical on average, public R&D reacts asymmetrically over different phases of the business cycle and becomes acyclical during recessions. It is also heterogeneous across countries: Innovation leaders and followers...