According to the German Federal Statistical Office, 2.9 million people in Germany had a Turkish migration background in 2022. Thus, Turkey represents one of the most important countries of origin for migrants in Germany. In the last decade, however, Turkey has also become an important transit...

The regularity and legality of EU spending, i.e. the conformity of incurred expenditures with relevant legislation, is an important measure of efficiency. It is also a key pre-condition for the effectiveness of EU funds. The present paper aims to understand the main determinants of irregular...

We study whether the sensitivity of economic, health, and livelihood outcomes to climate extremes has declined over the last half century, consistent with adaptation. Understanding whether such adaptation is already occurring is central to anticipating future climate damages, to calibrating the...

Fiscal rules, such as the Excessive Deficit Procedure and the Stability and Growth Pact (SGP), aim at constraining government behavior. Milesi-Ferretti (2003) develops a model in which governments circumvent such rules by reverting to creative accounting. The amount of this depends on the...

Mergers that substantially lessen competition are challenged by antitrust authorities. Instead of blocking anticompetitive transitions straight away, authorities might choose to negotiate with the merging parties and allow the transactions to proceed with modifications that restore or preserve...

This report argues in favour of an economics-based approach to Article 82, in a way similar to the reform of Article 81 and merger control. In particular, we support an effects-based rather than a form-based approach to competition policy. Such an approach focuses on the presence of...