ZEW Discussion Papers

The key role of information technologies (IT) for productivity and growth is meanwhile undisputed. As so-called 'general purpose technologies' they enable product as well as process innovation which in turn may…

This paper examines how providing potential donors with information about the revenues of a charity affects charitable contributions. When individuals make a real-life donation decision, they usually do not have…

This paper analyzes long-run co-movements between 14 international real estate stock markets and between three economic and geographic regions based on bivariate and multivariate tests for cointegration. While…

The empirical literature documents a substantial and rising amount of labor income risk, in particular, employment risk. In most countries, the government provides insurance against this type of risk through the…

In the aftermath of the climate conference in Copenhagen in December 2009 (15th Conference of the Parties of the United Nations), two issues appear to have played a determinant role in the negotiation discourse…

The expansion of higher education has lead to a continuously increasing number of jobs that deal with scientific problems and methods (Gibbons 1994). In science based industries like the biotechnology industry…

According to school entry regulations in most countries, the composition of school entrance cohorts is determined by a fixed cutoff date. This procedure creates inter-cohort differences in age and development…

Adaptation to climate change is gaining increasing relevance in the public debate of climate policy. Thus, knowledge of costs and benefits of adaptation measures is of high importance. This study compiles…

Central bank communication is increasingly important to both central banks and financial market participants. Effective communication should ensure that financial markets understand the central bank's interest…