1. Financial Market Report CEE // 2012

    April 2012

    • Major Improvement of Economic Expectations for the CEE Region
    • Economic Outlook for the CEE Region, Austria, and the Eurozone
    • Czech Republic, Poland, and Slovakia: Further Increase of Economic Sentiments
    • Croatia,…
  2. ZEW Discussion Paper No. 12-022 // 2012

    Backwards Integration and Strategic Delegation

    The acquisition of ownership rights by a firm in its suppliers is a common feature in various industries. Often, these acquisitions are reduced to a participation in the target's cash flow, and not associated…

  3. Contributions to Edited Volumes and Conference Proceedings // 2012

    Schuldenbremse

  4. Discussion and Working Paper // 2012

    On the Obligation to Provide Environmental Information in the 21st Century – Empirical Evidence from Germany

    We analyze the stability of ambiguity preferences experimentally, by repeatedly eliciting ambiguity attitudes towards multiple 3-color Ellsberg urns over a period of two months. 57% of the choices show stable…

  5. Financial Market Report Switzerland // 2012

    March 2012

    • Economic Outlook for Switzerland: Expectations Improved Solidly, but Remain at Depressed Levels
    • Current Economic Situation: Indicator Remains Unchanged
    • Inflation Expectations: Stability Expected
    • Short-Term Interest…
  6. Refereed Journal // 2012

    Resource Curse and Power Balance: Evidence from Oil-Rich Countries

    We examine the role of political fractionalization in understanding the "resource curse". Using panel data for 30 oil-rich countries, we find that the income effect of resource rents is moderated by the…

  7. Financial Market Report Switzerland // 2012

    April 2012

    • Economic Outlook for Switzerland: Expectations Improved Further and Are Now Balanced
    • Current Economic Situation: Slightly Better Indicator
    • Inflation Expectations: Risks on the Upside
    • Short-Term Interest Rates:…