Dettmann, EvaTitze, MirkoWeyh, AntjeLeibniz-Institut für Wirtschaftsforschung Halle2025-05-302023kxp: 1872139442https://epflicht.bibliothek.uni-halle.de/handle/123456789/132001872139442urn:nbn:de:gbv:3:2-10052243276239This study estimates the establishment-level employment effects of investment grants in Germany. In addition to the average treatment effect for the treated, we focus on discrimination in the funding rules as potential source of effect heterogeneity. We combine the difference-in-differences approach of Callaway and Sant’Anna (2021) that explicitly models variation in treatment timing with a ties matching at the cohort level. We observe a positive effect of investment grants on employment development in the full sample. The subsample analysis yields strong evidence for effect heterogeneity due to firm characteristics and the economic environment.1 Online-Ressource (III, 40 Seiten, 3,62 MB) : Diagramm, Karteenghttp://rightsstatements.org/vocab/InC/1.0/causal inferenceheterogeneous effectsplace-based policystaggered adoption designvariation in treatment timing330Book