This paper considers a setting in which the acquisition of human capital entails a change of location in social space that causes individuals to revise their comparison groups. Skill levels are viewed as occupational groups, and moving up the skill ladder by acquiring additional human capital,...

The article outlines recent developments of German tax policy.

This paper examines the optimal time path of the tax rate, in a model where an increasing ratio of government debt to GDP is projected in the absence of policy changes.

Large-scale business subsidies tied to national industrial development promotion programmes are notoriously difficult to study and are often inseparable from the political economy of large government programmes. We use the Tunisian national firm registry panel database, data on treated firms,...

Der vorliegende Kieler Subventionsbericht konzentriert sich auf die Analyse der Finanzhilfen des Bundes 2021 sowie auf die Frage, inwieweit den Ausgaben in den Jahren 2020 und 2021 im Zusammenhang mit der Corona-Pandemie Subventionscharakter zukommt. Die Autoren zeigen, dass seit dem Jahr 2014...