1. ZEW Discussion Paper No. 04-18 // 2004

    Agglomeration, Population Size, and the Cost of Providing Public Services: An Empirical Analysis for German States

    This paper is concerned with the question as to what extent population size and density affect the cost of providing public services at the subnational level. Empirical estimates of cost functions are obtained…

  2. ZEW Discussion Paper No. 04-17 // 2004

    What a Difference Immigration Law Makes: PISA Results, Migration Background and Social Mobility in Europe and Traditional Countries of Immigration

    The purpose of this article is to evaluate the importance of social class, migration background and command of national languages for the PISA school performance of teenagers living in European countries…

  3. ZEW Discussion Paper No. 04-16 // 2004

    Who Are the True Venture Capitalists in Germany?

    In this paper, we analyze the investment and divestment patterns of different types of venture capitalists. Using a data set embracing all venture-backed IPOs that occurred on Germany's Neuer Markt we…

  4. ZEW Discussion Paper No. 04-14 // 2004

    Measuring Sustainable Development: The Use of Computable General Equilibrium Models

    This paper advocates computable general equilibrium models as a methodological tool that is particularly suitable for measuring the impacts of policy interference on the three dimensions of sustainable…

  5. ZEW Discussion Paper No. 04-13 // 2004

    Ausmaß und Konsequenzen von Lohnrigiditäten

    In diesem Beitrag werden Ausmaß und Konsequenzen von nominalen und tariflichen Lohnrigiditäten mikroökonomisch und mikroökonometrisch untersucht. Die Analyse verdeutlicht, dass in Deutschland Lohnrigiditäten…

  6. ZEW Discussion Paper No. 04-06 // 2004

    ICT, Innovation and Business Performance in Services: Evidence for Germany and the Netherlands

    Using panel data for German and Dutch firms from the services sector, this paper analyses the importance of ICT capital deepening and innovation for productivity. We employ a model that takes into account that…

  7. ZEW Discussion Paper No. 04-05 // 2004

    Die Anatomie des Berufswechsels: Eine empirische Bestandsaufnahme auf Basis der BIBB/IAB-Daten 1998/1999

    In Deutschland stellen Personen, die ihre Berufsausbildung im Rahmen des dualen Systems oder durch den Besuch einer Berufsfachschule erworben haben, das Rückgrat der Beschäftigung dar. Trotz seiner Bedeutung…

  8. ZEW Discussion Paper No. 04-04 // 2004

    PISA: What Makes the Difference? Explaining the Gap in PISA Test Scores Between Finland and Germany

    The huge difference in the level and variance of student performance in the 2000 PISA study between Finland and Germany motivates this paper. It analyses why Finnish students performed so much better by…

  9. ZEW Discussion Paper No. 04-03 // 2004

    German Exchange Rate Exposure at DAX and Aggregate Level, International Trade, and the Role of Exchange Rate Adjustment Costs

    Non-technical Summary This study analyses the dollar exposure of large German companies, i.e. value change of companies associated with changes of the price of the US dollar, and the determinants of this…

  10. ZEW Discussion Paper No. 04-02 // 2004

    The Determinants and Effects of Environmental Product Innovations – An Analysis on the Basis of Case Studies –

    The aim of the Integrated Product Policy (IPP) is to promote product-related eco-innovations. These, in turn, depend on both support for the development of environmentally-friendly products and stimulation of…

  11. ZEW Discussion Paper No. 04-01 // 2004

    The Impact of EMU on Inflation Expectations

    This paper analyses the impact of the monetary regime change from the Bundesbank to the ECB in 1999 on inflation expectations. In the theoretical part, the Barro-Gordon model is used to derive the potential…