1. ZEW-Finanzmarktreport // 2015

    Juni 2015

    • Konjunkturoptimismus lässt nach
    • EZB: Inflationserwartungen nehmen weiter zu
    • USA: Lageeinschätzung verschlechtert sich deutlich
    • Japan: Konjunkturerwartungen leicht gesunken
    • Großbritannien: Konjunkturerwartungen…
  2. Financial Market Report Switzerland // 2015

    June 2015

    • Swiss Economic Traffic Light Switches to Yellow
    • Analysts Expect the Swiss Franc to Depreciate
    • Inflation Expected to Stay Unchanged
    • Rise in Long-Term Interest Rates Anticipated
    • Expectations for European Stock Markets…
  3. Contributions to Edited Volumes and Conference Proceedings // 2015

    Combining International Cap-and-Trade with National Carbon Taxes

    This paper examines the effects of combining an international cap-and-trade scheme with national carbon taxes. We consider a two-country stochastic partial equilibrium model with log-normally distributed…

  4. ZEW Discussion Paper No. 15-031 // 2015

    Does Foreign Direct Investment Synchronise Business Cycles? Results from a Panel Approach

    This study readdresses the determinants of business cycle synchronisation. We test, on the one hand, whether FDI promoting policies may have consequences for the business cycle comovement between countries, and…

  5. ZEW Discussion Paper No. 15-032 // 2015

    R&D Policies for Young SMEs: Input and Output Effects

    This paper evaluates the current focus of EU policy makers on small and medium-sized, young independent firms in high-tech sectors. Therefore, the effect of subsidies on both R&D input and R&D output is compared…

  6. Discussion and Working Paper // 2015

    Tax Compliance and Information Provision: A Field Experiment with Small Firms

    We study a field experiment on tax compliance in Slovenia. Small accounting companies were randomly assigned to an untreated control group and two treatment groups. Companies in the first treatment group…

  7. ZEW policy brief No. 15-01 // 2015

    Fiscal Investment Climate and the Cost of Capital in Germany and the EU

    Encouraging private investment in the EU is currently a primary goal of the European Commission. However, the effectiveness of public policies to stimulate private investment – such as a European Fund for…