Leading theories suggest that amongst continuing exporters, lower variable trade costs should boost exports of smaller firms by the same or greater percentage rate than larger firms. However, investigating the impact of the deep EU-South Korea FTA with French customs data, we find robust evidence to the contrary. Applying a triple-difference framework, we report that the FTA increased sales in the ...
Is global tax evasion falling or rising? Are new issues emerging, and if so, what are they? Have governments been effective in addressing tax evasion over the past 10 years? What has worked so far and what are some policies for the future? Gabriel Zucman, founding director of the EU Tax Observatory, and Sarah Godar will present key result from the inaugural Global Tax Evasion Report. The report...
Political measures at the level of the European Union are intended, among other things, to ensure the stability of the economic and monetary union. This includes, for example, the establishment of the European Recovery Fund, which can be a first step towards a fiscal union in the Eurozone. The project examines how these, and other economic policy measures affect inequality between households. The...
In February 2022, the EU Commission announced economic sanctions against Russian oligarchs. The goal was to exert pressure on the Kremlin: initially to stop deploying troops to the Donetsk and Luhansk regions and ultimately to end its attack on Ukraine. The present report investigates how these sanctions affect companies headed by Russian oligarchs. The empirical findings show that after sanctions ...
In this paper, we explore centralized and more decentral approaches to succeed the energiewende in Germany, in the European context. We use the AnyMOD framework to model a future renewable-based European energy system, based on a techno-economic optimization, i.e. cost minimization with given demand, including both investment and the subsequent dispatch of capacity. The model includes 29 regions for ...
We quantify labour market effects of changes in the potential benefit duration (PBD) in Poland. Individual workers' PBD depends on the county unemployment rate relative to the national average---12 months of PBD above a cut-off of 125 per cent and 6 months below. This cut-off shifted from 125 to 150 per cent in a 2009 reform. We utilize (i) the natural experiment of the reform and (ii) the...