1. Discussion and Working Paper // 2001

    Political uncertainty and policy innovation

    This paper provides an analysis of the interaction between policy experimentation and political incentives. In particular we ask: how well does a political system with elections work in separating selfish from…

  2. ZEW Discussion Paper No. 01-72 // 2001

    Managerial Ownership and Firm Performance in German Small and Medium-Sized Enterprises

    We analyze the relationship between managerial ownership and company performance, testing the incentive and entrenchment hypothesis. Differently from previous literature, we focus on small and medium-sized…

  3. ZEW Discussion Paper No. 01-71 // 2001

    Do Temporary Workers Receive Risk-Premiums?

    The wage effects of fixed-term contracts (FTCs) are analysed with the GSOEP for West Germany. Different estimators which take into account selection bias are used. It is shown that propensity…