1. ZEW-Finanzmarktreport // 2019

    August 2019

    • Konjunkturerwartungen für Deutschland verharren auf niedrigem Niveau
    • Eurozone: Experten/-innen erwarten Zinssenkungen
    • USA: Konjunkturerwartungen erholen sich deutlich
    • Japan: Lage- und Erwartungsindikator…
  2. ZEW Discussion Paper No. 19-026 // 2019

    A Retrospective Study on the Regional Benefits and Spillover Effects of High-Speed Broadband Networks: Evidence from German Counties

    There is still hardly any empirical evidence on how divergent broadband technologies, and, by extension, bandwidth levels, influence GDP growth, or on the extent of spatial externalities at a regional level. Our…

  3. ZEW Discussion Paper No. 19-025 // 2019

    Biases in Fiscal Multiplier Estimates

    The "true" size of fiscal multipliers is widely debated by economists and policy makers as large (small) multipliers provide arguments to expand (cut) public spending. Within a meta-analytical framework, we ask…

  4. ZEW policy brief No. 19-05 // 2019

    Is Mandatory Country-by-Country Reporting Effective? – Early Evidence on the Economic Responses by Multinational Firms

    Over the past decade, policymakers, non-profit organizations, and the media have demanded greater transparency by multinational firms regarding their global operations and tax payments. These demands are…

  5. ZEW Discussion Paper No. 19-024 // 2019

    Digitalization and the Future of Work: Macroeconomic Consequences

    Computing power continues to grow at an enormous rate. Simultaneously, more and better data is increasingly available and Machine Learning methods have seen significant breakthroughs in the recent past. All this…

  6. Refereed Journal // 2019

    Path dependencies versus efficiencies in regulation: Evidence from “old” and “new” broadband markets in the EU

    This paper examines the determinants of sector-specific regulation imposed on broadband markets related both to efficiency objectives of regulators and to those of narrowly defined interest groups. We test…

  7. German Real Estate Finance Index (DIFI Report) // 2019

    Second Quarter 2019

    • DIFI Almost Unchanged in Negative Territory
    • Assessments of the Real Estate Financing Market are Still Relatively Pessimistic
    • Refinancing on the Rise
    • Margin Races: Euphoria for Hotel Real Estate Declines
  8. M&A Report // 2019

    May/June 2019

    • German M&A Index Declining Since Year-End
    • M&A Activity in the German Construction Sector Remains Fairly Robust
    • M&A Activity Between Companies with Large Patent Portfolios Is Refrained From