Die Automobilindustrie von heute ist das Ergebnis von einem Jahrhundert Automobilpolitik. Dabei ging es weltweit um den steigenden Beitrag der Branche zu Beschäftigung und Wachstum und zugleich um die Eindämmung der vom Auto ausgehenden Schäden. Das passierte bisher in stabilen politischen...

This paper presents evidence that high speed rail systems, by bringing economic agents closer together, sustainably promote economic activity within regions that enjoy an increase in accessibility. Our results on the one hand confirm expectations that have led to huge public investments into...

The German government provides discretionary investment grants to structurally weak regions to reduce regional disparities. We use a regression discontinuity design that exploits an exogenous discrete jump in the probability of receiving investment grants, to identify the causal effects of the...

The German government provides discretionary investment grants to structurally weak regions to reduce regional disparities. We use a regression discontinuity design that exploits an exogenous discrete jump in the probability of receiving investment grants to identify the causal effects of the...