This contribution revises Monte-Carlo based simulation techniques as used in Business Taxation and Accounting literature, most prominently proposed by fellows of arqus. Therefore, we focus on a methodically orientated discussion. Our results suggest that the standard approach leads to biased...

This paper provides evidence of heterogeneous treatment effects on trade from switching among three types of de-facto exchange rate regimes: freely floating, currency bands, and pegs or currency unions. A cottage literature at the interface of macroeconomics and international economics focuses...

This contribution revises Monte-Carlo based simulation techniques as used in BusinessTaxation and Accounting literature, most prominently proposed by fellows ofTherefore, we focus on a methodically orientated discussion. Our results suggestthe standard approach leads to biased estimates of...

This paper provides evidence of heterogeneous treatment effects on trade from switching among three types of de-facto exchange rate regimes: freely floating, currency bands, and pegs or currency unions. A cottage literature at the interface of macroeconomics and international economics focuses...

Propensity score matching has become a popular empirical method because of its capability of reducing the dimensionality of finding comparable units to conditioning on a scalar quantity. The validity of this approach relies on the balancing property of the propensity score. In practice, this is...

This paper provides evidence of heterogeneous treatment effects on trade from switching among three types of de-facto exchange rate regimes: freely floating, currency bands, and pegs or currency unions. A cottage literature at the interface of macroeconomics and international economics focuses...

Die Öffentlichkeit hat ein Interesse zu wissen, ob politische Maßnahmen die mit ihnen verfolgten Ziele wirksam und wirtschaftlich erreichen. In empirischen Studien, die als Grundlage für evidenzbasierte Wirtschaftspolitik dienen können, werden häufig komplexe Methoden verwendet, um...

We investigate a case of political favoritism. Some members of the Bavarian parliamenthired relatives as office employees who were paid using taxpayers’ money. The familyscandal was a hot issue in the German media because of the upcoming state and federalelections. We examine whether being...

In this study, we evaluate whether survey-based indicators produce lower forecast errorsfor export growth than indicators obtained from hard data such as price and costcompetitiveness measures. Our pseudo out-of-sample analyses and forecastencompassingtests reveal that survey-based indicators...

Exploiting the information contained in an economy’s input-output matrix and using the novel approach developed by Fisher and Marshall (2011), we calculate Rybczynski effects and Stolper-Samuelson effects for Germany in 2007. We show how sectoral outputand factor remuneration react to...