The EU Barcelona target assumes a close causal relationship between corporate R&D, the competitiveness of business firms and the economic performance of industrial countries. Testing this hypothesis, this paper contrasts innovation and production activities in four research-intensive...

This paper examines the effects of real estate transfer taxes (RETT) on property prices using a rich micro dataset of roughly 17 million German properties for the period from 2005 to 2019. We exploit a 2006 constitutional reform that allows states to set their own RETT rates, leading to frequent...

Klappentext: Der Standortwahl von High-Tech-Unternehmen, speziell solchen der Mikroelektronik, der Bio- und Softwaretechnologie, kommt weltweit eine große Bedeutung zu. Auch wenn diese Unternehmen primär in Großstädten gegründet worden sind, läßt sich dort jedoch, was Zeitpunkt und Anzahl...

This study approaches the question whether it “pays” to live in big(ger) cities in a three-fold manner: first, it estimates how city size affects worker productivity (agglomeration benefits) in Germany, based on individual-level wage data. Second, it considers whether productivity benefits...