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. 11-083 // 2011

    Productivity of ICT and Non-ICT Capital – The Role of Rates of Return and Capital Prices

    Decomposing sources of growth in a growth accounting framework relies heavily on price measures as proxies for input productivity. We show how different price measures affect the contribution of investment to…

  2. ZEW Discussion Paper No. 11-082 // 2011

    External Technology Supply and Client-Side Innovation

    Dynamic market environments and consumer preferences demand firms to assure a high degree of flexibility. At the same time, competitive pressure from globalized markets leads to constantly raising efficiency…

  3. ZEW Discussion Paper No. 11-081 // 2011

    The Effect of Broadband Infrastructure on Entrepreneurial Activities: The Case of Germany

    In this paper we investigate whether local characteristics influence entrepreneurial activities. One local characteristic that may drive the decision to establish a firm in a specific region is the supply of…

  4. ZEW Discussion Paper No. 11-080 // 2011

    Fiscal Adjustment in Greece: In Search for Sustainable Public Finances

    This paper analyses Greek fiscal sustainability. This topic lies in the core of all discussions about a potential exit of the country from the euro area, and - more in general - about the design and long-run…

  5. ZEW Discussion Paper No. 11-079 // 2011

    The Labour Market in CGE Models

    In this chapter (written for the forthcoming "Handbook of CGE Modeling", edited by P. Dixon and D. Jorgenson), we review options of labour market modelling in the framework of numerical general equilibrium…

  6. ZEW Discussion Paper No. 11-078 // 2011

    The Adoption of Social Enterprise Software

    Though in an infancy state, the so-called social enterprise software is a highly promising software application for firms. This software links firms’ enterprise software systems and social software…

  7. ZEW Discussion Paper No. 11-077 // 2011

    The Rat Race of Capital Structure Research for REITs and REOCs: Two Spotlights on Leverage

    Since the seminal work of Franco Modigliani and Merton Miller in 1958, no generally accepted capital structure theory has emerged. Consequently this paper does not aim to validate any of the capital structure…

  8. ZEW Discussion Paper No. 11-076 // 2011

    Do Private Equity Owners Increase Risk of Financial Distress and Bankruptcy?

    There is some controversy regarding the key sources of success in the private equity business model and on how this business model affects the portfolio companies. Does this success come from value creation or…

  9. ZEW Discussion Paper No. 11-075 // 2011

    Capital Structure Choice and Company Taxation: A Meta-Study

    Theoretical arguments for the tax sensitivity of capital structures are convincing. Empirical findings instead have for years been rather weak. Even today, despite a surge of studies providing point estimates…

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Kerstin Heres

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