In this article we study differences in the returns to R&D investment between firms that sell in international markets and firms that only sell in the domestic market. We use German firm-level data from the…

We examine how capital gains taxes affect investment in start-up (i.e., pre-IPO) firms. Using data on capital raised by start-up firms in individual funding rounds, we estimate the effect of the SBJA of 2010,…

'How does the organizational form of loan syndicates evolve and what are the effects on price collusion? We develop a novel measure of distance in lending expertise among syndicate lenders, and relate this novel…

Das Zentrum für Europäische Wirtschaftsforschung (ZEW) erhebt seit 1993 jährlich die Innovationsaktivitäten der deutschen Wirtschaft. Die Erhebung findet im Auftrag des Bundesministeriums für Bildung und…

• Economic Outlook for China Nosedives
• 26 analysts participated in the November survey, which was conducted during the period 31 October till 14 November 2018

Environmental product standards (EPS) certifying environmental product attributes are key for fostering sustainable consumption, which is an essential measure for achieving the Sustainable Development Goals…

• Konjunkturerwartungen bleiben pessimistisch
• Eurozone: Einschätzung der Konjunkturlage verschlechtert sich erheblich
• USA: Erwartungen gehen erneut zurück
• Japan: Konjunkturausblick verschlechtert sich weiter
…