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Persistent link: https://www.econbiz.de/10002782293
by 5%, and even by 20% for liquidity-constrained households. The long-run present value multiplier of the package amounts … to 0.2. Consumption tax cuts and transfers to households primarily stabilize private consumption, and subsidies prevent …
Persistent link: https://www.econbiz.de/10013310308
The Tax Cuts and Jobs Act constitutes the largest change to the US tax system since the 1980s and thoroughly alters the way in which multinational companies are taxed. Current assessments on the reform's international impact vary widely. This article sheds light on the tax reform's expected...
Persistent link: https://www.econbiz.de/10012251340
Persistent link: https://www.econbiz.de/10014580713
In recent times the service sector is often called the driving force of today's economies. This paper analyses the innovative activities of German service firms. We investigate whether firms that receive public subsidies for innovation projects engage more in innovative activities than others....
Persistent link: https://www.econbiz.de/10011445968
This paper analyses the impact of public innovation subsidies on private innovation expenditure. In the empirical economic literature there is still no common support for the hypothesis of either a complementary or a substitutive relationship between public funding and private investment. We...
Persistent link: https://www.econbiz.de/10014070263
This paper analyzes the effect of public R&D subsidies on firms' private R&D investment per employee and new product sales in German manufacturing. Parametric and semiparametric two-step selection models are applied to this evaluation problem. The results show that the average treatment effect...
Persistent link: https://www.econbiz.de/10014071905
In 2009, Germany invested 15.4 Billion Euro in infrastructure to avert the looming recession. In this study, we evaluate whether the German stimulus program was successful in limiting the impact of the crisis on the job market. We exploit exogenous cross-sectional variation to identify the...
Persistent link: https://www.econbiz.de/10010341046
Die vorliegende Studie untersucht den IKT-Sektor in Nordrhein-Westfalen anhand von Sonderauswertungen der amtlichen Statistik des Umsatzsteuerpanels sowie der Daten einer eigenen Unternehmensbefragung. Dabei erweist sich dieses Bundesland als Standort mit einem weitgehend prosperierenden...
Persistent link: https://www.econbiz.de/10010333120
Die vorliegende Studie untersucht den IKT-Sektor in Nordrhein-Westfalen anhand von Sonderauswertungen der amtlichen Statistik des Umsatzsteuerpanels sowie der Daten einer eigenen Unternehmensbefragung. Dabei erweist sich dieses Bundesland als Standort mit einem weitgehend prosperierenden...
Persistent link: https://www.econbiz.de/10010252976