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We introduce the German Business Panel (GBP), a novel large-scale survey of German firms. The GBP periodically surveys executives and key decision-makers in a representative sample of German firms, taking stock of their perceptions, views, and expectations. A particular focus of the survey is on...
Persistent link: https://www.econbiz.de/10013241669
Using a randomized survey experiment, we investigate how firms’ inflation expectations shape their price setting. We establish that firms fully pass through inflation expectations to prices in times of high inflation, consistent with Calvo pricing. When informed about central bank inflation...
Persistent link: https://www.econbiz.de/10014346165
This paper analyzes the association between tax complexity and foreign direct investments (FDI) based on the newly developed Tax Complexity Index (TCI) and its components. For a sample of 15,607 new foreign subsidiaries, we find no association between total tax complexity, as proxied by the TCI,...
Persistent link: https://www.econbiz.de/10012216188