As part of its efforts to reach the targets of the Kyoto Protocol, the European Commission is currently considering a new directive to reduce the per-kilometer CO2 emissions of newly registered automobiles. This paper critically assesses this proposal with respect to its economic and...

As part of its efforts to reach the targets of the Kyoto Protocol, the European Commission is currently considering a new directive to reduce the per-kilometer CO2 emissions of newly registered automobiles. This paper critically assesses this proposal with respect to its economic and...

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper analyzes the reasons behind this disconcerting development. A major factor is the turnaround of the labor market that commenced around 2005. The successful...

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper analyzes the reasons behind this disconcerting development. A major factor is the turnaround of the labor market that commenced around 2005. The successful...

Despite massive digitization efforts, the German economy has experienced a marked slowdown in its productivity growth. This paper empirically analyzes three prominent explanations for this development. First, using a novel quarterly utilization-adjusted total factor productivity measure for the...

We contribute to the empirical literature on the effective incidence of corporate income taxation by using the German Business Tax Reform of the year 2000 (GBTR 2000) as a natural experiment. Its effect on wages in the manufacturing sector is identified by means of a difference-in-differences...

Ein in allen Wirtschaftsbereichen gültiger CO2-Preis wäre die effizienteste Maßnahme für einen besseren und sozial ausgewogenen Klimaschutz. Die Politik muss mehr für den Klimaschutz tun – diese Erkenntnis hat sich inzwischen auf breiter Ebene durchgesetzt. Über die verschiedenen...

Die CO2-Bepreisung für fossile Kraft- und Brennstoffe wurde 2021 eingeführt, um deren Verbrauch zum Zwecke des Klimaschutzes zu reduzieren. Um bei steigenden CO2-Preisen eine breite Akzeptanz zu sichern, sollte die Politik diese Einnahmen wieder komplett an die Verbraucher zurückgeben....