Addressing the economic challenges caused by COVID-19
How can we minimize long-term damage to the economic system caused by COVID-19? A question that currently occupies the minds of our politicians, policymakers, CEOs, professionals and citizens. A question to which there is not just one answer, but that needs to be broken down into sub questions and requires careful reflection from different perspectives. We therefore asked our researchers – a group of more than 80 researchers who specialize in taxation and accounting and have different methodological backgrounds – to share their thoughts regarding this burning question. The result: a collection of articles based on current and previous research, ranging from business- to country-level and from economic consequences to standard setting. We hope this collection will offer helpful insights for businesses and politics, and helps the world address these challenging times. Our researchers will regularly add to our collection, so stay tuned!
How are firms affected by the corona crisis? Is the German governments’ support effective? The German Business Panel recently conducted its first survey and received responses of more than 9.500 firms about the effectiveness of Germany’s corona aid. The survey shows that German state aid reaches those firms that… Read More
How are the temporary tax relief measures perceived by German firms? How do firms estimate their tax administrative burden? Read More
In response to the COVID-19 pandemic three new projects have been initiated by the Open Science Data Center of the TRR 266. Read More
How can researchers and standard setters address validity challenges as they work towards more evidence-informed standard setting? Read More
Immediate loss carryback is an important measure to provide affected companies with short-term liquidity. Read More
TRR 266 Working Papers und scientific publications zu COVID-19
TRR 266 German Business Panel
07.01.2021 – State aid in Germany has put the brakes on Corona’s decline in corporate profits. Nevertheless, entrepreneurs and the self-employed are expecting a wave of insolvencies across all sectors: On average, almost one in four businesses could not survive the crisis. (in German).
TRR 266 German Business Panel
05.01.2021 – How hard will the lockdown hit retailers? The answer to this question is complicated. Online retailers are not the only beneficiaries of the crisis – and not all local stores are struggling. A conversation with Prof. Dr. Jannis Bischof from the University of Mannheim (in German).
TRR 266 German Business Panel
05.12.2020 – Corona – Federal government want to link compensation no longer to revenues but more strongly to fixed costs (in German).
TRR 266 German Business Panel
25.11.2020 – Corona pandemic – Mannheim study examines the consequences of the second lockdown for the largest industry in crisis (in German).
TRR 266 German Business Panel
28.9.2020 – According to a survey, half of all German firms have taken advantage of state aid to compensate for the sometimes severe sales losses caused by the Corona pandemic. 80 percent now expect a second wave – in October (in German).
TRR 266 German Business Panel
26.8.2020 – The number of infections is rising, and further measures to contain the pandemic are also becoming more likely in Germany. Researchers at the University of Mannheim have investigated what this could mean for businesses (in German).
TRR 266 German Business Panel
22.8.2020 – Without government support, more than half of the businesses in Germany would not have survived. This is the conclusion of a comprehensive study conducted by the University of Mannheim (in German).
TRR 266 German Business Panel
10.8.2020 – Results of the German Business Panel survey show: Almost every second company states it would not survive the corona pandemic without government support. 80 percent of the companies expect a second wave of infection (in German).
Dirk Simons
6.7.2020 – How strong is the impact of the corona crisis on German SMEs? Is there even a threat of a market shakeout? And how should companies communicate their sometimes difficult situations? Dirk Simons answers these questions in the fifth part of University of Mannheim’s video series “Coronavirus Unfolded” (in German).
Deborah Schanz
28.5.2020 – It would help companies to offset current losses against profits, Deborah Schanz explains in a video for BR Wissen (in German).
Deborah Schanz
22.5.2020 – Loss carryback: How far should Germany go? Deborah Schanz discusses how the government could react to the economic challenges caused by the corona crisis.
Thorsten Sellhorn
30.4.2020 – Due to the Corona crisis, the revenues of many companies are collapsing. In an article in €uro Thorsten Sellhorn discusses the risks for DAX companies. (in German)
Deborah Schanz & TRR 266 Tax Experts
24.4.2020 – Deborah Schanz, on behalf of the TRR 266 tax experts who issued a press release about immediate loss carryback, is interviewed by the Süddeutsche Zeitung. She argues that the loss carryback the German government introduced in response to COVID-19 is insufficient. (in German)
Maximilian Müller & Thorsten Sellhorn
21.4.2020 – Thorsten Sellhorn and Maximilian Müller are interviewed by the German Wirtschaftswoche about the implications of COVID-19 for the financial market. They argue, that at the start of the quarterly season, listed companies should not hide themselves and should provide their shareholders with sufficient information. (in German)
Maximilian Müller & Thorsten Sellhorn
20.4.2020 – An Article in the Frankfurter Allgemeine Maximilian Müller and Thorsten Sellhorn discuss how in the current challenging times the financial markets long for reliable information, offering a piece of financial planning security. (in German)
Laurence van Lent
02.04.2020 – In a blog for the Institute for New Economic Thinking Tarek Alexander Hassan, Stephan Hollander, Laurence van Lent and Ahmed Tahoun discuss their time-varying, firm-level measure of exposure to epidemic diseases.
TRR Tax Experts
28.03.2020 – In an article in the Frankfurter Allgemeine the proposed tax measure of immediate loss carryback, as suggested by our tax experts, is discussed. (in German)
TRR 266‘s main locations are Paderborn University (Coordinating University), HU Berlin, and University of Mannheim. All three locations have been centers for accounting and tax research for many years. They are joined by researchers from LMU Munich, Frankfurt School of Finance and Management, WHU – Otto Beisheim School of Management, European School of Management and Technology in Berlin and Goethe University Frankfurt who share the same research agenda.