ZEW Discussion Papers

Germany has a lower fertility rate than many other Western countries. The difference in fertility rates is likely to be driven by both socio-economic and institutional factors (e.g., access to childcare) as well…

This paper analyzes the domiciliation decision in the mutual fund market. The intensified competition among fund companies in the EU has provided incentives to relocate companies' activities and to domicile…

The paper studies the power of educational investments in relation to transfers for fostering lifetime income and for reducing income inequality in Germany and contributes to the discussion of sustainability in…

Contractual and regulatory provisions for access affect incentives to invest in an upgraded network and, in particular, a next-generation access network. Investment decisions are made under uncertainty and have…

Subsidiaries of foreign multinational enterprises (MNEs) are among the top performers of research, development and innovation in many EU and non-EU countries. In some small European countries - examples are…

Building up close main-bank relationships can be beneficial to small and medium sized firms for several reasons. For mature firms, relationship lending eases access to bank finance and positively affects firm…

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…