1. ZEW Discussion Paper No. 12-002 // 2012

    A Gains from Trade Perspective on Macroeconomic Fluctuations

    Many modern macroeconomic models either adopt a representative agent setup or introduce heterogeneity among individuals that leads only to trade in assets, while excluding the possibility that agents gain from…

  2. ZEW Discussion Paper No. 12-001 // 2012

    Impatience Among Preschool Children and Their Mothers

    Economists study the intergenerational transmission of skills and optimal human capital investment. Recent research has examined intergenerational associations of cognitive skills, trust and risk attitudes,…

  3. Financial Market Report Switzerland // 2012

    January 2012

    • Economic Outlook for Switzerland: Expectations Deteriorate Further
    • Current Economic Situation: Indicator Drops Markedly
    • Inflation Expectations: Stability Expected
    • (Nearly) Unanimous Forecasts for Short-Term…
  4. Refereed Journal // 2012

    Impatience among Preschool Children and their Mothers

    Using experimental data of children and their mothers, this paper explores the intergenerational relationship of impatience. The child’s impatience stems from a delay of gratification experiment, the mother’s…

  5. Non-Refereed Journal // 2012

    The Cross-border Taxation of Dividends in the Case of Individual Portfolio Investors - Issues and Possible Solutions

    So far, the field of cross-border taxation of dividends paid to individual investors in the EU Member States has not been subject to harmonisation. The differences in the Member States’ tax systems give rise to…