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Thinning out Spectators: Did Football Matches Contribute to the Second COVID-...
The COVID-19 pandemic has decelerated substantial parts of economic and human interaction. This paper estimates football matches’ contribution to the spread of COVID-19 during... -
The Estimation of Reaction Functions under Tax Competition
Most of the empirical literature on tax competition has been using panel models in which each country's tax rate responds to a weighted average of other countries' tax rates,... -
A macro-level analysis of language learning and migration
This article investigates the macro-level drivers of adult-age language learning with a focus on migration based on a new dataset on German language learning in 77 countries... -
The Effects of Financing Rules in Pay-As-You-Go Pension Systems on the Life a...
Empirically, revenues of public pension systems are more volatile than expenditures. Therefore, the question arises how the social security authority should buffer its revenues... -
In search of an appropriate lower bound. The zero lower bound vs. the positiv...
Using a standard New Keynesian model, we show that moderate side effects of zero lower bound (ZLB) policy suffice for positive lower bound (PLB) policy to pay off in terms of...
