ZEW Discussion Papers

Overview

Researchers at the ZEW participate in scientific debates by publishing their papers. The papers are predominantly in English (marked). For the German papers an English abstract is available. The contributions are intended for a final publication in special interest titles. The discussion papers can be downloaded as PDF or PostScript files starting from 1.1.1998. They aimed at national and international target groups.

  1. ZEW Discussion Paper No. 16-014 // 2016

    Attenuation Bias when Measuring Inventive Performance

    Most previous results on determinants of inventive performance are biased because inventive performance is measured with error. This measurement error causes attenuation bias. More specifically, for example age…

  2. ZEW Discussion Paper No. 16-013 // 2016

    Fiscal Competition and Public Debt

    The existing theoretical literature on fiscal competition has to a large extent ignored the role of government debt as a determinant of taxes and productive public spending. We develop a simple model of fiscal…

  3. ZEW Discussion Paper No. 16-012 // 2016

    The Residency Discount for Rents in Germany and the Tenancy Law Reform Act 2001: Evidence from Quantile Regressions

    Most countries show a residency discount in rents for sitting tenants. In the wake of strong rent increases and housing shortages, Germany implemented a reform in 2001 to curtail rent increases. Based on linked…

  4. ZEW Discussion Paper No. 16-011 // 2016

    The Retention Effect of Training – Portability, Visibility, and Credibility

    This paper analyses the effect of training participation on employees’ retention in the training company. It for the first time empirically combines the human capital and the monopsony theory by jointly…

  5. ZEW Discussion Paper No. 16-010 // 2016

    Settlements and Appeals in the European Commission's Cartel Cases: An Empirical Assessment

    The introduction of the European Union (EU) Settlement Procedure in 2008 aimed at promoting the procedural efficiency of cartel investigations by the European Commission (EC). We use a data set consisting of 579…

  6. ZEW Discussion Paper No. 16-009 // 2016

    Strategic Capacity Withholding Through Failures in the German-Austrian Electricity Market

    In electricity day-ahead markets organized as uniform price auction, a small reduction in supply in times of high demand can cause substantial increases in price. We use a unique data set of failures of…

  7. ZEW Discussion Paper No. 16-008 // 2016

    Book-Tax Conformity and Reporting Behavior - A Quasi-experiment

    We examine how a comprehensive change in book-tax conformity affects firms' reporting behavior. To this end, we exploit a Reform Act as a quasi-natural experiment which implied a decrease in book-tax conformity…

  8. ZEW Discussion Paper No. 16-007 // 2016

    Taxing Away M&A: The Effect of Corporate Capital Gains Taxes on Acquisition Activity

    Taxing capital gains is an important obstacle to the efficient allocation of resources because it imposes a transaction cost on the vendor which locks in appreciated assets by raising the vendor's reservation…

  9. ZEW Discussion Paper No. 16-006 // 2016

    Asymmetric Labor-Supply Responses to Wage-Rate Changes - Evidence from a Field Experiment

    The standard labor-supply literature typically assumes that the labor supply response to wage increases is the same as that for equivalent wage decreases. However, evidence from the behavioral-economics…

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