ZEW Discussion Papers

In international comparison, German university graduates are elder on average when they enter the labor market. Apart from the longer duration time of study at university, one fundamental reason is the long…

The Alps have long posed challenges to European transport infrastructure planners. Overcoming this immense bottleneck is only possible via arduous travels across high-altitude Alpine passes or through road and…

In a market in which firms have market power, the impact of a change in wages on labour demand is not easily determined. Indeed, if after a decrease in wages one firm chooses to increase labour demand for…

Using data from the 1997 and 2002 waves of the German Socio-Economic Panel and from official statistics, the present paper studies whether natives are less supportive of state help for the unemployed in regions…

This paper asks whether the gap in subjective happiness between spouses matters per se for a couple's risk of separation. We use three panel databases to explore this question. Controlling for the level of life…

Theories of fairness preferences have gained remarkable attention throughout much of recent economic literature. Formal models have been proposed which are able to explain behaviour that is yet unexplained by…

Knowledge and technological change are often assumed to be the driving forces for long run economic growth. Regions with a higher level of knowledge compared to other regions exhibit a higher per-capita income…

The change in the business model of venture capitalists from investing locally towards investing across borders started to intensify in the late 1990s. Compared to domestic investments, cross-border investments…

Research in real estate finance and economics has been dealing with the topic of efficiency in the U.S. housing market for over 25 years. However, most recent research either examines local markets based on…