We introduce endogenous directed technical change into integrated multi-region policy assessment based on macroeconomic theory and evidence. Technical progress can be directed towards labor or energy savings.…

The EU Emissions Trading System (EU ETS) is the most important European instrument for climate protection and in Germany covers about half of CO2 emissions. Since 2009 the KfW/ZEW CO2 Barometer has been…

As part of a cooperative project with KfW Bankengruppe, the Centre for European Economic Research (ZEW) is conducting a market survey among participants and experts of the EU Emissions Trading Scheme. The goal…

This paper analyzes how high-ability students respond to different indicators of university quality when applying for a university. Are prospective students influenced by quality indicators of a university…

In the business year 2011, the Centre for European Economic Research (ZEW) was able to significantly increase its overall returns by approx. 2.6 million euros to 18.2 million euros. In particular third-party…

• Economic Outlook for Switzerland: Expectations Less Pessimistic
• Current Economic Situation: Still Declining
• Inflation Expectations: No Change Expected
• Interest Rates: Higher Long-Term Interest Rates Possible
• Stock…

The ongoing economic criticism of the German Renewable Energy Act (EEG) recently started focusing on distributional effects, too. A team of authors at the Cologne Institute for Economic Research is worried about…

• Patents versus Secrecy: Heterogeneous Costs of Disclosure and the Propensity to Patent
• Broad Funding for Product Innovation Pays Off
• The Positive and Negative Effects of Market Concentration on Investment Funds
• Que…