1. Financial Market Report Switzerland // 2014

    April 2014

    • Clouds on the Economic Horizon
    • Inflationary Pressure Expected to Rise
    • Depreciation of CHF More Unlikely
    • Long-Term Interest Rates Rise
    • Uncertainties Weighing on Equity Markets
    • Swiss Export Momentum
    • Special Question:…
  2. Discussion and Working Paper // 2014

    Exporting and Labor Demand: Micro-level Evidence from Germany

    It is widely believed that globalization a ffects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the e ffect of firms' exporting behavior on the…

  3. Discussion and Working Paper // 2014

    Exporting and Labor Demand: Micro-level Evidence from Germany

    It is widely believed that globalization a ffects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the e ffect of firms' exporting behavior on the…

  4. ZEW Discussion Paper No. 14-022 // 2014

    Efficient Contracts for Government Intervention in Promoting Next Generation Communications Networks

    Although the future socio-economic benefits of a new fibre-based ("next generation access", NGA) telecommunications infrastructure seem to be uncontroversial, a universal NGA coverage appears to be a rather…

  5. ZEW Discussion Paper No. 14-021 // 2014

    Sailing Into a Dilemma - An Economic and Legal Analysis of an EU Trading Scheme for Maritime Emissions

    On the basis of a joint economic and legal analysis, we evaluate the effects of a "regional" (European) emission trading scheme aiming at reducing emissions of international shipping. The focus lies on the…

  6. ZEW Discussion Paper No. 14-020 // 2014

    Designing an Emissions Trading Scheme for China – An Up-to-date Climate Policy Assessment

    We assess recent Chinese climate policy proposals in a multi‐region, multi‐sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP…

  7. ZEW Discussion Paper No. 14-019 // 2014

    M&A and the Tax Benefits of Debt-Financing

    The deductibility of interest expenses from the corporate tax base creates an incentive for acquiring companies to finance a takeover with debt. In this paper, I investigate the impact of profit taxation on the…

  8. ZEW Discussion Paper No. 14-018 // 2014

    Access to Research Inputs: Open Science Versus the Entrepreneurial University

    Recent decades have seen a shift in academic research   towards the 'entrepreneurial university' model. Researchers   are encouraged to actively participate in innovation through   channels such as academic…