The Covid-19 pandemic caused a global economic crisis, leading governments to provide substantial State Aid to support firms. This paper examines the effectiveness of Covid-related financial support in Spain and Italy, focusing on its impact on firm recovery. Using a difference-in-differences...

The Covid-19 pandemic caused a global economic crisis, leading governments to provide substantial State Aid to support firms. This paper examines the effectiveness of Covid-related financial support in Spain and Italy, focusing on its impact on firm recovery. Using a difference-in-differences...

This study examines how student aid eligibility influences application decisions to higher education using administrative data from the French national centralized platform. We employ a difference-in-differences approach following a change in the income thresholds for aid eligibility. We find...

This study examines how student aid eligibility influences application decisions to higher education using administrative data from France. We study the impact of a change in income thresholds for aid eligibility. We find that aid eligibility did not have a uniform effect on students'...

Deployment subsidies for nascent technologies have moved to the forefront of climate action, industrial policy, and geoeconomics. To limit the substantial fiscal costs of such programs, policymakers routinely employ subsidy schedules that are nonlinear in the quantity agents deploy. However,...

I develop and estimate a life-cycle discrete-choice model of fertility and female labor supply to study the optimal design of a range of child-related policies. First, I examine two German reforms that introduced wage-contingent parental leave payments and expanded access to low-cost public...

This study evaluates the impact of Malta's 2014 childcare reform, a universal Free Childcare Scheme for children aged 3 months to 3 years, on female employment. Using a difference-in-differences (DD) framework and matched DD models, I find that the reform may have increased the probability of...

Global development policy is a particularly revealing field in which the Trump administration combines crude transactionalism with a high level of ideological commitment, namely an authoritarian libertarianism oriented toward elite interests. This is coupled with, at times, a chaotic absence of...

This study analyzes the empirical link between German bilateral development finance and Foreign Direct Investment (FDI) at the sub-national (ADM2) level. We construct a unique dataset by merging geo-referenced development aid projects - implemented by KfW Development Bank - over more than two...

Charitable gifts often come with strings attached. Donors limit their gifts in many ways, typically by restricting an asset’s use or purpose, the timing of spending (as in an endowment), and by securing naming rights. Donors also limit their gifts by giving to a charitable intermediary such as...

State governments provide grants to students to subsidize college attendance. In response, colleges can adjust their tuition, aid policies, and admission standards, affecting equilibrium enrollment and pass-through of aid to students. To quantify demand- and supply-side responses, I develop a...

In spring 2021, DIW Berlin, ZEW Mannheim, and the University of Trier conducted an online survey among self-employed persons to collect data about the situation of the self-employed in Germany one year after the beginning of the COVID-19 pandemic. The online survey was disseminated in...

This study examines how financial aid shapes post-secondary enrollment and persistence among senior high school graduates, challenging assumptions in traditional human capital theory. While the theory posits that reducing financial barriers increases participation, findings suggest a more...

This paper presents causal evidence on how financial aid for Hungarian minorities in Slovakia leads to their non-assimilation. Using a staggered panel event study design, I show that the introduction of financial aid by the Hungarian government led to a statistically significant 2.35 percentage...

This article examines smart cities as a locus for international power struggles, emerged at the gap between their discursive and materialised realities. While the body of research on smart cities is growing, most studies focus on their development within individual nation-states. However, the...

This joint World Bank and UNHCR report is developed in response to the United Nation (UN) omnibus resolution to coordinate an effort to measure the impact arising from hosting, protecting and assisting refugees. Following this resolution UNHCR, with assistance from the World Bank, led a...

Financial student aid improves educational outcomes and reduces social inequality, yet many eligible students do not take it up. To examine whether correcting misperceptions increases take-up, I conducted an RCT with 6,225 university students across Germany who were not receiving aid. I find...

The global aviation sector underwent an unprecedented shock due to the COVID-19 pandemic, severely disrupting the passenger flows, flight operations, and revenues of Polish airports. In response, the government launched protective measures under the Anti-Crisis Shield and the COVID-19...

Finland offers a subsidy to employers for hiring individuals with low employment prospects. In 2015, changes to the subsidy's funding caused some regions to unexpectedly suspend new subsidy grants. I examine wages and employment in these regions using a differences-in-differences setting, with...

Given the increasing global interest in the transition to green energy sources in developing countries that have financial constraints, this study examines the influence of foreign finance on the production and consumption of renewable energy (RE). The study also explores whether globalization...

In the digital economy, corporate digital technology innovation is considered pivotal for reshaping industrial competitiveness and establishing national strategic advantages. Using data from China's A-share listed companies from 2007 to 2023, this study examines the influence of government...

The paper aims to recognize the mechanism by which production-linked payments stimulate the inputs of production factors in agriculture and the mechanism for transforming subsidies into remuneration for production factors. The study is theoretical, and the research methods used are economic...