Almost all countries worldwide closed schools at the outbreak of the Covid-19 crisis. I document that schooling time dropped on average by -55% in the US and -45% in Germany from the onset of the crisis to the summer of 2021. In the US, schools were closed longer in richer than in poorer areas,...

We designed and fielded a survey of New York and Pennsylvania firms to study the impacts of New York's 2018 Paid Family Leave policy on employer outcomes. We match each NY firm to a comparable PA firm and use difference-in-difference models to analyze within-match-pair changes in outcomes. We...

Die deutsche Bundesregierung hat sich das Ziel gesetzt, die Treibhausgasemissionen bis zum Jahr 2020 um 40 Prozent gegenüber 1990 zu senken. Aktuelle Projektionen gehen davon aus, dass dieses Ziel ohne weitere Klimaschutz-Maßnahmen nicht erreicht wird. Im Jahr 2020 muss voraussichtlich eine...

Most studies on Multinational Enterprises (MNEs) focus on the impact of their expansion through inward or outward foreign direct investment (FDI) flows. However, divestments are quite common among the operations of MNEs. In order to derive their effects, we build a computable general equilibrium...