1. ZEW Discussion Paper No. 00-39 // 2000

    New Economy Accounting: Why Are Broad-Based Stock Option Plans So Attractive?

    In recent years stock option plans have become a substantial part of compensation schemes in U.S. companies. While in the beginning companies granted options only to the top-management more and more companies…

  2. ZEW Discussion Paper No. 00-37 // 2000

    Wage Divergence and Unemployment: The Impact of Insider Power and Training Costs

    The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper…

  3. ZEW Discussion Paper No. 00-35 // 2000

    Internationalisation of High-Tech Start-Ups and Fast Growth-Evidence for UK and Germany

    Investment Opportunities in Central and Eastern European Equity Markets For firms acting in technological niches the expansion into foreign markets can be a way to increase sales and to thus to recover initial…

  4. ZEW Discussion Paper No. 00-30 // 2000

    Does R&D-Infrastructure Attract High-Tech Start-Ups?

    Our research, based on the ZEW-Foundation Panel East, examines whether high-tech start-ups are mainly founded in scientific and infrastructural well suited regions or not. Estimation results on the level of…

  5. ZEW Discussion Paper No. 00-07 // 2000

    Gender Wage Gap in West Germany: How Far Do Gender Differences in Human Capital Matter?

    This paper analyses the extent to which gender differences in human capital contribute to explaining the observable wage differential in favour of men and its reduction since the mid-eighties among West German…