Dieser Text erschien am 22.2.21 als Gastbeitrag im Handelsblatt. In der Coronakrise stützt der Staat die Wirtschaft mit Milliardenbeträgen. Doch die Politik muss nun langsam eine Entzugsstrategie entwerfen, fordert Marcel Fratzscher. Kaum ein Staat der Welt hat in dieser Corona-Pandemie größere Wirtschaftshilfen bereitgestellt als Deutschland. Bald könnten Bund und Länder ...
The Collaborative Research Center Transregio “Rationality and Competition” combines the research programs of behavioral and neoclassical economists to study applied economic questions that are of high policy relevance. The focus CRC TRR 190 is on the economic behavior and performance of individuals and firms: How do systematic biases in expectations, decision processes, and preferences affect the...
We study the impact of broadband availability on firms’ total factor productivity (TFP) using German firm-level data between 2010 and 2015. We adopt a control function approach to causally identify and separately estimate productivity for 46 two-digit manufacturing and service sectors. Over the sample period, broadband availability, measured by 16 Mbps transmission rates, more than doubled in German ...
In Germany, the productivity of professional services, a sector dominated by micro and small firms, declined by 40 percent between 1995 and 2014. This productivity decline also holds true for professional services in other European countries. Using a German firm-level dataset of 700,000 observations between 2003 and 2017, we analyze this largely uncovered phenomenon among professional services, the ...
After arriving in a new country, refugees are most often dependent on professional support to reestablish their livelihood. It is however well documented that refugees face barriers when seeking access to services aimed at facilitating their settlement and integration. This study examines refugees’ support service needs and their actual utilization and investigates the impact of social and human capital ...