We study the impact of commercial property taxation on vacancy rates and rents in the UK, using a new data-set, and exploiting exogenous variations in property tax rates from reliefs in the UK system: small business rate relief (SBRR), retail relief and empty property relief. We estimate that...

In 2012, the subsidy for electricity produced by wind turbines - introduced with the Renewable Energy Act (REA) in Germany 2000 - amounts to almost 14 billion Euros or roughly 100% of the corporate income tax revenue. The central aim of this subsidy is to foster investment into renewable energy...

What began as a financial crisis in the U.S. in 2007/8 quickly became a massive crisis of the global real economy. We investigate the importance of the bank lending and firm borrowing channel in the international transmission of bank distress to the real economy, in particular to firm...

What began as a financial crisis in the United States in 2007-2008 quickly evolved into a massive crisis of the global real economy. We investigate the importance of the bank lending and firm borrowing channel in the international transmission of bank distress to the real economy-in particular,...

Welche Bedeutung haben Bankkredite für Unternehmensinvestitionen? Eine gemeinsame Studie des DIW Berlin, der Universität Hohenheim und der Freien Universität Berlin zeigt, dass ein Rückgang des Kreditangebots der Hausbanken zu einer geringeren Fremdkapitalaufnahme von Unternehmen führt....

What began as a financial crisis in the United States in 2007-2008 quickly evolved into a massive crisis of the global real economy. We investigate the importance of the bank lending and firm borrowing channel in the international transmission of bank distress to the real economy - in...

Die jüngsten Bemühungen zur Reform der Gemeindefinanzierung sind gescheitert. Die von der Bundesregierung vorgeschlagene kommunale Zuschlagsteuer auf Einkommen- und Körperschaftsteuer wird von den Kommunen abgelehnt. Die Gewerbesteuer bleibt erhalten. Ein Blick auf die kommunale Einnahmeseite...

Tax competition for capital has led to a trend where many countries levy lower taxes on interest income, often introducing differential taxation between interest and business income. This study analyzes the effect on firm debt usage. We exploit Germany's 2009 tax reform, which introduced a final...

In 2013, around 121 billion US-Dollar were spend worldwide to promote the investment into renewable energy sources. The most prominent support scheme employed is a feed-in tariff, which guarantees a fixed price for electricity produced by renewable energies sources, usually for around 15 years...