Forschungskolloquium


Colloquium Series

Wednesday Faculty Colloquium



Organizers
Brosig-Koch, Burgard, Chwolka, Eichfelder, Gropp, Heinold, Jeworrek, R. Kirstein, Knabe, Koetter, Kvasnicka, Lukas, S. Müller, Noth, Raith, Reichling, Sadrieh, Schlägel, Schmidt, Schosser, Schöndube-Pirchegger, Spengler, Tonzer, Ulmer, Vogt, Weimann,
Heinrich, Held, A. Kirstein, Kleber, Li, Ludolph, Neubert, Richter

Spokesmen
Prof. Dr. Michael Kvasnicka
michael.kvasnicka@ovgu.de / +49 391-67-58739

Prof. Dr. Matthias Raith
matthias.raith@ovgu.de / +49 391-67-58436


Coordinator
Gina Gierk
gina.gierk@ovgu.de
+49 391 67-58740

Time and Room
Time: Wednesdays, 3 pm s.t. - 5 pm
Location: Campus, building 22, room A-225 (Fakultätszentrum)
(exceptions will be noted below)




Date Speaker/Author Title
We. 17/04/24
3:00 pm
[CEPA Talk]

Prof. Dr. Jakob Miethe, Ludwig-Maximilians-Universität München,
Office Hour: 2pm; Room: G22-C114
Inviting person:
Prof. Dr. Lena Tonzer
Homes Incorporated: Offshore Ownership of Real Estate in the U.K.

Ownership of real estate through corporations in offshore tax havens creates opportunities for tax evasion and money laundering and may have undesirable effects in housing markets. In this paper, we study offshore ownership of real estate in the United Kingdom by combining several data sources: administrative data from the land register, a comprehensive transaction database, a propriety database on corporate ownership links, and a handful of offshore data leaks. Our descriptive analysis shows that the market share of offshore corporations has increased over time and varies strongly across market segments: It currently stands at 1.25% in the overall residential market and around 15% for top-end properties. When data leaks allow us to trace ownership through offshore corporations to the beneficial owners, we find that around half have ties to Africa, Asia and the Middle East, but that the largest ‘foreign’ investor is the United Kingdom itself. Turning to causal evidence, we show that changes in tax incentives and ownership transparency induce strong responses in patterns of offshore ownership, suggesting that both taxation and secrecy are important motives for the beneficial owners. Finally, we show that the Brexit referendum was followed by a sharp increase in property sales by offshore owners and a large differential decrease in property prices in local areas with more offshore ownership, conditional on area and property characteristics. This suggests that the reduction in demand from offshore investors triggered by Brexit had a negative causal effect on property prices and, more broadly, that offshore ownership can have significant real effects in housing markets.

We. 24/04/24
3:00 pm
Fakultätszentrum

Prof. Dr. Catherine Deffains-Crapsky, Université d´Angers
Inviting person:
Prof. Dr. Sebastian Eichfelder
Financing innovation and the role of the public investor: the case of the public investment bank Bpifrance

The French private equity ecosystem is characterised by the presence of a public investment bank, Bpifrance, which has structured and streamlined the sector since its creation in 2013. Analysing a dataset of 668 startups, each pursuing at least one UN Sustainable Development Goal and having received funding between 2008 and 2023, we identify the financing dynamics and key influencers within this ecosystem, with a particular focus on Bpifrance. Secondly, we question the influence of Bpifrance, as a direct public investor in venture capital, on the length of time between funding rounds and the ability of funded ventures to progress along the financial escalator. To this end, an event history analysis is conducted on a sample of 1,721 French ventures that raised their first seed funds between January 2000 and January 2019.

We. 15/05/24
3:00 pm
Fakultätszentrum

available
We. 22/05/24
3:00 pm
[CEPA Talk]

Prof. Dr. Ronald Bachmann, RWI - Leibniz-Institut für Wirtschaftsforschung,
Office Hour: 2pm; Room: G22-D105
Inviting person:
Prof. Dr. Michael Kvasnicka
We. 29/05/24
3:00 pm
Fakultätszentrum

Dr. Svea Holtmann, Universität Mannheim
Inviting person:
Prof. Dr. Sebastian Eichfelder
Corporate Taxation and Firm Productivity

This paper provides novel evidence on the relationship between corporate taxation and firm productivity measured by total factor productivity (TFP). Existing theoretical literature suggests several channels through which taxes can affect firm productivity. Nevertheless, empirical evidence is scarce. We investigate the relationship between corporate taxation and firm productivity - overall and across the distribution of firm productivity. We also analyze how different tax system characteristics affect the development of a firm's productivity over time. Our findings suggest that a higher tax burden may drive the least productive firms out of the market and may decrease the probability of a firm moving up the productivity distribution over time.

We. 12/06/24
3:00 pm
[CEPA Talk]

Prof. Dr. Kamila Cygan-Rehm, Technische Universität Dresden
Inviting person:
Prof. Dr. Michael Kvasnicka
We. 19/06/24
3:00 pm
[CEPA Talk]

Dr. Yves Schüler, Deutsche Bundesbank
Inviting person:
Prof. Dr. Lena Tonzer
We. 03/07/24
3:00 pm
Fakultätszentrum

Prof. Dr. Albert Schroetenboar, Einhoven University of Technology
Inviting person:
Prof. Dr. Marlin Ulmer
We. 10/07/24
3:00 pm
Fakultätszentrum

Dr. Melanie Reuter-Oppermann, Technische Universität Dresden, Universität Twente
Inviting person:
Prof. Dr. Dr. Bodo Vogt


                   
Idee und Umsetzung: Prof. Dr. Abdolkarim Sadrieh und Dipl.-Kfm. Harald Wypior | © 2024

Letzte Änderung: 22.12.2022 - Ansprechpartner: Webmaster