1. Refereed Journal // 2007

    The Maximum Incremental Social Tolerable Irreversible Costs (MISTICs) and other Benefits and Costs of Introducing Transgenic Maize in the EU-15.

    The decision to release a new transgenic crop variety for planting in the European Union is a decision under irreversibility and uncertainty. As the decision can also be postponed there exists some flexibility…

  2. Refereed Journal // 2007

    Differentiating the Consumer Benefits from Labelling of GM Food Products

    Although recurrent evidence is found that consumers have different willingness to pay for GM and non-GM products, there is disagreement in the scientific community about the size of consumer benefits from GM…

  3. ZEW Discussion Paper No. 07-061 // 2007

    Review on the Literature of Mergers on Innovation

    Both M&A and innovation are instruments for growth and competitive advantage. Therefore they are fundamental to each firm's competitive strategy. Usually, both instruments have been studied separately, but much…

  4. ZEW Discussion Paper No. 07-060 // 2007

    International Cooperation on Innovation: Empirical Evidence for German and Portuguese Firms

    In this paper we investigate the factors that lead firms to cooperate with partners from foreign countries on innovation activities. Portuguese and German data from the harmonised Community Innovation Survey…

  5. ZEW Discussion Paper No. 07-059 // 2007

    Options, Futures, and Other Derivatives in Russia: An Overview

    This work provides a descriptive overview of Russian markets for financial derivatives. Available figures for the exchange-traded and over-the-counter-traded derivatives in Russia show that the Russian…

  6. Contributions to Edited Volumes and Conference Proceedings // 2007

    Budgetary spillovers and short-term interest rates.

  7. Refereed Journal // 2007

    Accession to the Euro-Area: A Stylized Analysis Using a New Keynesian Model

    This paper analyses the accession to the Euro-Area by new members using a stylized new-Keynesian model. We analyze macro-economic adjustment in the pre- and post accession case and calculate welfare in both…