Die deutsche Verwaltungmuss effizienter werden Deutschland hat ein Standortproblem. Unternehmen schließen, weil sich die Produktion hier wegen der Bürokratielasten nicht mehr lohnt, oder investieren deshalb woanders. Zwei Wege führen aus der Bürokratiefalle: Die Zahl der Vorschriften reduzieren und die Qualität der öffentlichen Verwaltung, die Regulierung entwirft und umsetzt, erhöhen. In den letzten ...
Road freight transport must switch to alternative drive technologies, such as battery-electric or hydrogen vehicles, to mitigate its impact on the climate. Preliminary results from an ongoing research project show that the fleet of battery-electric trucks as well as the number of models on offer have recently grown significantly, albeit from a very low level. This is not the case for hydrogen trucks. ...
A central assumption for identifying structural shocks in vector autoregressive (VAR) models via heteroskedasticity is the time-invariance of the impact effects of the shocks. It is shown how that assumption can be tested when long-run restrictions are available for identifying structural shocks. The importance of performing such tests is illustrated by investigating the impact of fundamental shocks ...
This paper assesses the role of the housing market in the transmission of monetary policy across euro area regions. By exploiting a novel regional dataset on housing-related variables, a structural panel VAR analysis shows that conventional and unconventional monetary policy shocks propagate effectively to the economy, particularly to the housing sector, albeit in a heterogeneous fashion across regions. ...
