1. ZEW Discussion Paper No. 22-029 // 2022

    College Openings and Local Economic Development

    We study how the presence of a college affects the local economy using administrative data. Our analysis exploits the opening of new institutions of tertiary education across Germany in the 1980s and 1990s. The…

  2. ZEW Discussion Paper No. 22-028 // 2022

    Better Us Later Than Me Now – Regulatee-Size and Time-Inconsistency as Determinants of Demand for Environmental Policies

    To adequately design and implement effective environmental policies, it is paramount for policymakers to understand preferences for regulatory instruments as well as their individual level determinants. In this…

  3. ZEW Discussion Paper No. 22-027 // 2022

    Climate Change Mitigation: How Effective Is Green Quantitative Easing?

    We develop a two sector incomplete markets integrated assessment model to analyze the effectiveness of green quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model…

  4. ZEW Discussion Paper No. 22-026 // 2022

    ZEW-EviSTA: A Microsimulation Model of the German Tax and Transfer System

    This article describes ZEW-EviSTA®, the microsimulation model developed and used at ZEW - Centre for European Economic Research in Mannheim. The model simulates the German tax and transfer system using household…

  5. ZEW Discussion Paper No. 22-025 // 2022

    Reversing Fortunes of German Regions, 1926–2019: Boon and Bane of Early Industrialization?

    This paper shows that 19th-century industrialization is an important determinant of the significant changes in Germany’s economic geography observed in recent decades. Using novel data on economic activity in…

  6. ZEW-Finanzmarktreport // 2022

    August 2022

    • Konjunkturausblick verschlechtert sich erheblich
    • Eurozone: Lageeinschätzung und Konjunkturerwartungen verschlechtern sich
    • USA: Lageeinschätzungen sinken deutlich
    • China: Verhaltener Ausblick
    • Deutsches…
  7. ZEW Discussion Paper No. 22-024 // 2022

    Minimum Wages and the Rise in Solo Self-Employment

    Solo self-employment is on the rise despite less favorable working conditions compared to traditional jobs. We show that the introduction of minimum wages in German industries led to an increase in the share of…

  8. ZEW Discussion Paper No. 22-024 // 2022

    Minimum Wages and the Rise in Solo Self-Employment

    Solo self-employment is on the rise despite less favorable working conditions compared to traditional jobs. We show that the introduction of minimum wages in German industries led to an increase in the share…

  9. ZEW Discussion Paper No. 22-023 // 2022

    Estimation of Group Structures in Panel Models with Individual Fixed Effects

    The fixed effects (FE) panel model is one of the main econometric tools in empirical economic research. A major practical limitation is that the parameters on time-constant covariates are not identifiable. This…

  10. ZEW Discussion Paper No. 22-022 // 2022

    Nowcasting the Impact of Covid-19 on Education, Intergenerational Mobility and Earnings Inequality in Sub-Saharan Africa

    Using microsimulations, we nowcast the impact of learning losses caused by COVID-19 on secondary school completion rates, intergenerational mobility of education, and long-run earnings inequality in eight…