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. 15-030 // 2015

    Innovation Budgeting Over the Business Cycle and Innovation Performance

    The global economic crisis of 2008/2009 hit many firms hard. Faced with rapidly declining sales and highly uncertain economic prospects, firms had to cut costs and reconsider their business strategies. With…

  2. ZEW Discussion Paper No. 15-029 // 2015

    Forecaster Overconfidence and Market Survey Performance

    We document using the ZEW panel of German stock market forecasters that weak forecasters tend to be overconfident in the sense that they provide extreme forecasts and their confidence intervals are less likely…

  3. ZEW Discussion Paper No. 15-028 // 2015

    Tax Compliance and Information Provision – A Field Experiment with Small Firms

    We study tax compliance in Slovenia using data generated in a field experiment. Small accounting companies were randomly assigned to an untreated control group and two treatment groups. Companies in the first…

  4. ZEW Discussion Paper No. 15-027 // 2015

    Are SRI Funds Conventional Funds in Disguise or Do They Live up to Their Name?

    In recent years, the socially responsible investing (SRI) industry has become an important segment of international capital markets by incorporating ESG (Environmental, Social and Governance) factors into…

  5. ZEW Discussion Paper No. 15-026 // 2015

    Politicians' Promotion Incentives and Bank Risk Exposure in China

    This paper shows that politicians' pressure to climb the career ladder increases bank risk exposure in their region. Chinese local politicians are set growth targets in their region that are relative to each…

  6. ZEW Discussion Paper No. 15-025 // 2015

    A Political Economy of China's Export Restrictions on Rare Earth Elements

    We investigate why governments restrict exports of exotic raw materials taking rare earth elements as a case study. Trade restrictions on exotic materials do not have immediate macroeconomic effects. Relocating…

  7. ZEW Discussion Paper No. 15-024 // 2015

    Aging and Urban House Prices

    This paper investigates the long-run relationships between the size and age composition of a city's population and the price of local housing. For estimation purposes, we combine city-level demographic…

  8. ZEW Discussion Paper No. 15-023 // 2015

    Does Ownership Affect the Impact of Taxes on Firm Behavior? Evidence from China

    Does ownership affect the way firms react to corporate taxation? This paper exploits key features of recent corporate tax reforms in China to shed light on the differential impact of taxation on firms under…

  9. ZEW Discussion Paper No. 15-022 // 2015

    Mobility Across Firms and Occupations Among Graduates from Apprenticeship

    Distinguishing carefully between mobility across firms and across occupations, this study provides causal estimates of the wage effects of mobility among graduates from apprenticeship in Germany. Our…

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