Main Results of the Survey:

• Price expectations for European Union Allowances (EUAs) were corrected upwards and depict a positive trend in the medium and long term.
• The EU ETS generated only weak incentives for…

The KfW/ZEW CO2 Barometer is a cooperative project of KfW Bankengruppe and the Centre for European Economic Research (ZEW). It has been analysing the situation of German Companies regulated under the European…

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Academic research and policy makers in the Euro area are currently concerned with the threat of debt deflation and secular stagnation in Europe. Empirical evidence seems to suggest that secular stagnation and…

This paper investigates the impact of the financial crisis on investment decisions in innovative versus non-innovative firms. Firms are defined as being innovative if they have introduced a new product to the…

In this study, we analyze the cyclicality of fiscal policies in China during the period 1978-2013. We find that the cyclicality of local government spending in China significantly affects the cyclicality of…

• Schwellenländer dämpfen Konjunkturausblick
• Eurozone: Rückgang der Inflationserwartungen
• USA: Wirtschaftslage verbessert sich weiter
• Japan: Konjunkturlage und -erwartungen verschlechtern sich
• Großbritannien:…