We use employment data for 2008-12 to analyse the impact of the subprime and Eurozone crises on the British and German financial sector. In the UK the sector contracted and its spatial concentration increased across regions and urban hierarchy, with London as the sole winner. In Germany there...

Using a large international firm-level data set, we estimate separate effects of host and parent country taxation on the location decisions of multinational firms. Both types of taxation are estimated to have a negative impact on the location of new foreign subsidiaries. In fact, the impact of...

The third EU Roaming Regulation (531/2012) took effect on July 1, 2012, replacing Regulation 544/2009. Wholesale and retail price caps for voice, SMS and data have been extended and reduced, with new retail caps for data usage. Anti-bill shock remedies now apply outside the EU. Measures to...

The European Court of Justice upheld the Roaming Regulation (717 2007), rejecting the challenge by the four largest mobile operators that the legal basis on Article 95 EC (now Article 115 TFEU) was invalid and that it violated the principles of proportionality and subsidiarity. The European...

In Europe there has been growing concern over green house gas emissions and energy efficiency. The costs and carbon footprint of telecommunications represent a new set of indicators. Counting cellphones proves more complex than expected, with many being unaccounted for as individuals, even in...

Since the early 1980s, US states have experimented with tax incentives targeted to distressed places to encourage economic development. The literature raised concerns that these expenditures were a net social loss because they would just subsidized a business to move from one location to...

Housing market developments are in the spotlight in Europe. Over-stretched valuations amid tightening financial conditions and a cost-of-living crisis have increased risks of a sustained downturn and exposed challenging trade-offs for macroprudential policy between ensuring financial system...

This paper assesses UK innovation policy impact on a large, population weighted, sample of both service and manufacturing SMEs. By focussing on self-reported innovation the study achieves a wider coverage of the effects of SME innovation policy than possible with more traditional indicators....

We analyse 446 location decisions of foreign affiliates in the R&D sector incorporated in the European Union over 1999-2006. Our results suggest that on average, the location probability increases with the size of demand, agglomeration economies, low production cost, R&D intensity, flexibility...