Showing 1 - 9 of 9
Performance budgeting schemes in the public sector have to operate with imperfect performance measures. We argue that these imperfections generate incentives for the potential recipients of performance-based funds to use up resources in socially wasteful influence activities. We develop a...
Persistent link: https://www.econbiz.de/10009723181
representative data from more than 3400 citizens in China, Germany, and the USA. The empirical findings are consistent with the …
Persistent link: https://www.econbiz.de/10010459030
novel data set on activities to reduce CO2 emissions for the case of vehicle purchases in the U.S. and Germany. We show that … high general awareness of the climate change problem in the U.S., driver's license holders in Germany need to additionally …
Persistent link: https://www.econbiz.de/10009534054
This paper empirically analyzes the effect of the inclusion of German corporations in the Dow Jones STOXX Sustainability Index (DJSI STOXX) and the Dow Jones Sustainability World Index (DJSI World) on stock performance. In order to receive robust estimation results, we apply an event study...
Persistent link: https://www.econbiz.de/10009235985
We study the effect of tax policy on stock market returns in the United States, Germany, and the United Kingdom using …
Persistent link: https://www.econbiz.de/10012543058
, we study whether legislative tax changes affect the trade balance in the United States, Germany, and the United Kingdom …) indirect tax changes in Germany and the UK, (v) spillovers of US tax changes into Germany and the UK, and (vi) asymmetric … in the US and Germany react quite similarly: imports tend to rise; exports do not change much. Consequently and fostered …
Persistent link: https://www.econbiz.de/10012543168
measures for the United States, Germany, and the United Kingdom over the period 1980Q1 to 2018Q2. Employing Romer and Romer … extant literature. Furthermore, we estimate state-dependent elasticities. Our conclusions are as follows. (i) In Germany and …
Persistent link: https://www.econbiz.de/10012543418
I study the spill-over effects of legislated discretionary tax changes in the United States, Germany, and the United …
Persistent link: https://www.econbiz.de/10012649097
We study the announcement effect of legislated tax changes on GDP in the US, Germany, and the UK. Using, as the shock … Germany. When allowing the responses to vary over the business cycle, we find evidence that US GDP drops regardless of the …
Persistent link: https://www.econbiz.de/10012649099