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...

This study analyses the potential impact of climate change on EU tourism demand and provides long-term (2100) scenarios accounting for adaptation in terms of holiday duration. Our long-term projections for tourism demand are based on hedonic valuation of climatic conditions combining hotel price...

The COVID-19 pandemic has inflicted an economic hardship unprecedented for the modern age. In this paper, we show that the health crisis and ensuing Great Lockdown, came with an unseen level of economic uncertainty. First, using a European dataset on country-level and regional internet searches,...