Neues Gesetz in den USA bevorzugt heimische Produktion und den Handel mit Freihandelspartnern bei grünen Technologien und kritischen Rohstoffen – DIW-Analyse zeigt, dass USA kurzfristig aber nicht auf Handelspartner ohne Freihandelsabkommen verzichten können – EU hat erste Gegenmaßnahmen angekündigt, muss diese aber jetzt schnell und unbürokratisch umsetzen US-Unternehmen könnten Schwierigkeiten ...
The study will provide a quantitative and qualitative assessment of the impact of the State aid rules for banks, which will serve as evidence for the evaluation of the State aid rules applicable to banks in difficulty since their entry into force in end-2008.
Welfare is traditionally understood as social security decommodifying labour markets or as social investment policies. In the domain of housing, however, welfare for homeowners is largely hidden in the tax codes’ fiscal exemptions. Based on a content analysis of legislation, this article introduces a novel yearly database of 37 countries between 1901 and 2020 to uncover the “hidden welfare state” of ...
The distributional and disruptive effects of energy supply shocks are potentially large. We study the effectiveness of alternative fiscal responses in a two-country HANK model that we calibrate to the euro area. Energy subsidies can stabilize the domestic economy, but are fiscally costly and generate adverse spillovers to the rest of the monetary union: What the subsidizing country gains, the other ...
We analyse the impact of the temporary tax reduction on diesel and gasoline prices from June to the end of August 2022 in Germany. By implementing a synthetic difference-in-differences approach with different baskets of European countries, we find a significant reduction in prices by 33.8–34.4 cents per litre for gasoline and 12.2–14.6 cents per litre for diesel. These results are robust to variations ...
Studies of the crude oil market based on structural vector autoregressive (VAR) models typically assume a time-invariant model and transmission of shocks and possibly allow for heteroskedasticity by using robust inference procedures. We assume a heteroskedastic reduced-form VAR model with time-invariant slope coefficients and explicitly consider the possibility of time-varying shock transmission due ...