ZEW Discussion Papers

There is no other economic activity, where costs and benefits are as far apart in time and where investors and beneficiaries are as detached as is the case for investments in human capital. The largest part of…

This paper measures the quality of apprenticeship training by comparing the wage difference between apprentices who change their employer or occupation directly after the training period with apprentices who…

This paper analyses long- and short-term co-movements between 14 international real estate stock markets based on bivariate testing for cointegration and correlation analysis. The results indicate that there…

This paper contributes to the debate whether academic scientists benefit from industry experience with respect to their academic research productivity as measured by publication outcome. One strand of the…

In the discussion on innovations for sustainable development, radical innovations are often seen as necessary to establish eco-efficient technological systems. It is assumed that only a regime shift from the…

In most Western, industrialised countries the workforce is ageing rapidly. In order to assess the possible consequences of an ageing workforce, this paper measures the impact of changes in the age structure of…

We analyse the determinants of dropout from secondary and vocational education in Germany using data from the Socio-Economic Panel from 2000 to 2007. In addition to the role of classical variables like family…

This paper presents an introductory analysis of price formation and volatility in the European Union Emissions Trading Scheme using highfrequency data. The results show that there are several anomalies both in…

Young firms with the ability to internationalize early and decisively have received much attention in recent academic discussion. However, relatively little is known about the underlying processes that enable…