1. Contributions to Edited Volumes and Conference Proceedings // 2009

    Risikoeffekte von REIT-Neuemissionen

  2. ZEW Discussion Paper No. 09-010 // 2009

    Return and Volatility Reactions to Monthly Announcements of Business Cycle Forecasts - An Event Study Based on High-Frequency Data

    This article contributes to the literature on macroeconomic announcements and their impact on asset prices by investigating how the 15-second Xetra DAX returns reflect the monthly announcements of the two best…

  3. ZEW Discussion Paper No. 09-009 // 2009

    Bilanzielle Behandlung von hybriden Finanzinstrumenten: Eine Übersicht

    Im Zusammenhang mit den neuen "Basel-II"-Regelungen, die die Kreditvergabe an Unternehmen verändern, wächst das Interesse besonders kleiner und mittlerer Unternehmen an hybriden Finanzierungsinstrumenten.…

  4. ZEW Discussion Paper No. 09-008 // 2009

    Labour Market Institutions and Structural Reforms: A Source for Business Cycle Synchronisation?

    We focus on the influence of institutional variables on business cycle synchronisation for 20 OECD countries from 1979 to 2003. More precisely, this paper derives measures for similarity of institutions and…

  5. Financial Market Report Switzerland // 2009

    March 2009

    • Switzerland: Prevailing Poor Economic Picture, With Somewhat Better Expectations
    • Eurozone: Economic Expectations on an Upward Trend
    • USA: Economic Situation Still Looks Bad
    • Japan: Economic Growth Falls Clearly into…