If the revenue from corporate taxation in Germany is divided by the corporate income figures from national accounts, companies' average tax burden for the period 2001 to 2008 is 21 percent. This rate is considerably lower than the statutory tax rates for this period. The reason for this is that tax-reported corporate income was well below macroeconomic corporate income. This taxation gap was something ...
This paper empirically evaluates the price effects of the merger of two major book retail chains in the UK: Waterstone's and Ottakar's. We employ differences-in-differences techniques and use a rich dataset containing monthly scanner data information on a sample of 200 books sold in 60 stores in 50 different local markets for a period of four years around the merger. Since retail mergers may have either ...
SOEP will have an exhibition stand at the 5th Conference of the European Survey Research Association (ESRA) in Ljublijana/Slowenia, from July 15-19, 2013. Information will be provided about the wide range of analyses that can be carried out with the SOEP data. The following presentations will be given by SOEP staff members or their co-authors: Download list
Abstract: This paper applies a test for the economic incidence of social security contributions (SSC) based on the reaction of gross wages in response to a variation in social security contributions. Exploiting an increase of the East German taxable maximum of health insurance, a difference-in-differences approach is used to estimate its effects on yearly changes in gross wages.
This paper analyses the long-memory properties of a high-frequency financial time series dataset. It focuses on temporal aggregation and other features of the data, and how they might affect the degree of dependence of the series. Fractional integration or I(d) models are estimated with a variety of specifications for the error term. In brief, we find evidence that a lower degree of integration is ...
In the morning we will contrast the different perspectives on targets across stakeholders and analysts. We will structure the discussion first along three attributes of targets, namely Purpose, Coverage and Mechanism to evolve targets.In the afternoon we will explore the interactions across these attributes at the example of the current discussions on the reform of EU ETS and on a 2030 renewble...
