Pass-through determines how consumers respond to taxes. We investigate the impact of imperfect price information on pass-through of commodity taxes. Our theoretical model predicts that the pass-through rate increases with the share of well-informed consumers. Pass-through is higher for the...

Economic thinking and analysis lie at the heart of the objectives and the design of the EU Digital Markets Act. However, the design of the DMA reflects a very deliberate—and reasonable—intention to ensure clarity, speed, administrability, and enforceability. In doing so, this pro-competitive...

Starting with the international debt crisis in the early 1980s the volume of international barter trade increased substantially. This paper examines how barter can help highly indebted countries to finance imports if they cannot use standard credit arrangements. We argue that payment in goods is...

Die derzeitige Evaluierungspraxis und Evidenzorientierung politischer Prozesse ist in Deutschland noch deutlich ausbaufähig. Internationale Erfahrungen zeigen die großen Vorteile einer systematischen, evidenzbasierten Politikgestaltung. In wirtschaftlich und politisch angespannten Zeiten ist...