COVID-19 ad ban in Germany led to 6% reduction in grocery sales

In spring 2021, during the height of the COVID-19 pandemic, one of Germany's 16 federal states instituted an ad ban, forcing retailers to stop all print advertising in that state for three weeks. The state did so under the ...

To predict tax revenue, look at corporate earnings

In the complex task of building a state budget, much rides on the accuracy of its fiscal crystal ball: its forecast of how much tax revenue will come in to fund services during the year ahead. Forecasting errors have increased ...

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