ZEW Discussion Papers

Recognition is an important source of employee motivation. But how should managers allocate recognition: should they praise all? Or should they recognize only extraordinary performances? This issue has not yet…

The credibility crisis regarding the sustainability of public debt has transformed the markets for government bonds in the Euro area. A new sensitivity of creditors for the risk of sovereign default has pushed…

While the benefits of patents for society as well as for patentees have extensively been studied in the theoretical and empirical economics of innovation literature, researchers in recent years have more and…

Good policy advice, in addition to requiring sound theoretical frameworks to identify growthenhancing fiscal reforms, also needs a reliable evidence base. Much of this evidence base has traditionally come from…

During the last 20 years developed economies have evidenced an increase in their expenditures on information and communication technologies (ICT), and there is ample evidence indicating that the diffusion of ICT…

Good policy advice, in addition to requiring sound theoretical frameworks to identify growth-enhancing fiscal reforms, also needs a reliable evidence base. Much of this evidence base has traditionally come from…

Motivated by the current discussion on different separate banking systems, we provide an overview of the different systems, question them and outline their effect on systemic stability and the German banking…

In this paper, we analyze the impact of corporate taxation on the location of corporate R&D activity. It is well known that corporate taxes negatively impact on the quantity of corporate R&D investment. Our…

A major reform of the German regional passenger railway services was established with the so called Regionalisierungsgesetz in 1996. As a consequence, regional passenger railway services have been procured by…