Since the 1990ies several countries abolished the wealth tax, but surprisingly few scholars investigated the effects empirically. Motivated by the theoretical literature, this study estimates the effect of the abolition of the net wealth tax in Germany in 1997 on the household saving rate. The...

In den letzten beiden Dekaden hat sich eine Debatte um das Verhältnis zwischen Wachstum und Wohlstand entsponnen, die zahlreiche neue Konzepte, Indikatoren und Zielbündel hervorgebracht hat. Dies schließt zunehmend die Betonung von Nachhaltigkeitskonzepten mit ein. Verstärkt wird diese...

While past labour market reforms have been successful in terms of employment, the relative poverty risk and income inequality have remained broadly unchanged in recent years. Some social groups remain particularly vulnerable, including individuals in non-regular employment, the unemployed and...

The Covid-19 pandemic has caused major disruptions in international trade and has raised concerns about adverse effects on international supply chains. Using a unique establishment survey matched with administrative data from Germany, we provide novel evidence on how establishments have adjusted...

The Covid-19 pandemic and Russia's war of aggression against Ukraine have posed major challenges - in different ways - to Latin American and Caribbean (LAC) countries as well as to the European Union (EU). At the same time, these international crises have revealed how little resilience there is...