Conference Agenda
Overview and details of the sessions of this conference.
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Some information on the session logistics:
If not stated otherwise, the discussant is the following speaker, with the first speaker being the discussant of the last paper. The last speaker of each session is the session chair. (Exception: invited sessions)
Presenters should speak for no more than 20 minutes, and discussants should limit their remarks to no more than 5 minutes. The remaining time should be reserved for audience questions and the presenter’s responses. We suggest following these guidelines also in the (less common) 3-paper sessions in a 2-hour slot, to allow participants to move between sessions. Discussants are encouraged to avoid summarizing the paper. By focusing on a few questions and comments, the discussants can help start a broader discussion with the audience.
Only registered participants can attend this conference. Further information available on the congress website https://www.iseg.ulisboa.pt/en/event/iipf/ .
Venue address: ISEG - Lisbon School of Economics & Management, R. Francesinhas 21, 1200-675 Lisboa, Portugal
Please note that all times are shown in the time zone of the conference. The current conference time is: 17th Sept 2026, 11:38:52am WEST
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Daily Overview |
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A08: Local Finance: Technology, Spillovers, and Economic Shocks Location: Room 108 (Francesinhas 1) | |
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The Local Economic Impact of US Troop Withdrawals from Germany 1: ZEW Mannheim, Germany; 2: University of Mannheim; 3: University of Cologne This paper analyzes the local economic impacts of military troop deployments. We exploit variation from the historic large-scale US troop withdrawal from Germany triggered by the end of the Cold War, to estimate the effect on local labor markets and local public finances. We use administrative data to precisely quantify the size of the troop withdrawal at the municipal level. Using a synthetic difference-in-differences estimator, we find negative effects on local labor markets. The decrease in economic activity results in a reduction of revenues for affected municipalities. To balance decreased revenues, affected municipalities lower their expenditures, while increasing business and property tax multipliers. We estimate the cost per job to be USD 110,400 of US military spending. Our worker-level analysis reveals that workers displaced by the closure of a US military base have persistently lower employment rates 15 years after the withdrawal.
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