1. ZEW Discussion Paper No. 01-03 // 2001

    Die Auswirkungen öffentlicher Gründungsförderung auf das Überleben und Wachstum junger Unternehmen

    In this paper we examine causal effects of German public assistance programs for young firms administered by the Deutsche Ausgleichsbank (DtA). The empirical analysis is based on a combined data set with…

  2. Refereed Journal // 2001

    Die Koexistenz von Zertifikatemärkten für grünen Strom und CO2-Emissionen - wer gewinnt und wer verliert?

    The paper studies the interaction between emerging markets for tradable green certificates (TGCs) and CO2-emissions in the electricity sector linked by renewable generated electricity (RES-E). We distinguish…

  3. ZEW Discussion Paper No. 01-18 // 2001

    Comparing the Part-time Wage Gap in Germany and the Netherlands

    In this paper,I contrast the quality of part-time jobs - in terms of hourly wage rates - with those of fulltimers. Using the Netherlands as a benchmark,helps to assess the size and seriousness of the estimated…

  4. ZEW Discussion Paper No. 01-15 // 2001

    How Do Investors' Expectations Drive Asset Prices?

    Asset price processes are completely described by information processes and investors' preferences. In this paper we derive the relationship between the process of investors' expectations of the terminal stock…