1. 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…
  2. ZEW-Wachstums- und Konjunkturanalysen // 2009

    Nr. 1 (März) - 2009

    • Deutschland steckt in der Rezession
    • Die voraussichtliche Lage in der EWU
    • Ergebnisse der Februarumfrage 2009
    • ZEW-IDI bei konjunktureller Lage und Geschäftserwartungen gespalten
    • Wirtschaftliche und gesellschaftliche…
  3. Financial Market Report CEE // 2009

    March 2009

    • Economic Prospects for Central and Eastern Europe Recover
    • Czech Republic, Poland, and Slovakia: Recovering Economic Prospects
    • Hungary, Romania, and Croatia: Economic Expectations Improve
    • Special Question: Sector…
  4. ZEW Discussion Paper No. 09-007 // 2009

    Contestability, Technology and Banking

    We estimate the effect of internet penetration on retail bank margins in the euro area. Based on an adapted Baumol [1982] type contestability model, we argue that the internet has reduced sunk costs and…

  5. ZEW-Finanzmarktreport // 2009

    März 2009

    • Erwartungen im Aufwärtstrend
    • EZB: Weitere Zinssenkung im März erwartet
    • USA: US-Konsumenten senden widersprüchliche Signale
    • Japan: Drastischer Einbruch bei den Exporten belastet die Konjunktur
    • Großbritannien:…
  6. Refereed Journal // 2009

    Firm Heterogeneity and Wages under Different Bargaining Regimes - Does a Centralised Union Care for Low-Productivity Firms?

    This paper studies the relationship between wages and the degree of firm heterogeneity in a given industry under different wage setting structures. To derive testable hypotheses, we set up a theoretical model…

  7. ZEW Discussion Paper No. 09-005 // 2009

    Why Pay Seniority Wages?

    This paper characterises establishments that pay higher seniority wages than their competitors. It tests whether seniority wages are paid on the basis of agency, human capital or efficiency wage…

  8. ZEW Discussion Paper No. 09-004 // 2009

    Choosing from the Reform Menu Card – Individual Determinants of Labour Market Policy Preferences

    This contribution empirically explores the drivers of labour market reform acceptance for the individual level in Germany. For that purpose we make use of the representative German General Social Survey…

  9. ZEW Discussion Paper No. 09-003 // 2009

    To Be Financed or Not… – The Role of Patents for Venture Capital Financing

    This paper investigates how patent applications and grants held by new ventures improve their ability to attract venture capital (VC) financing. We argue that investors are faced with considerable uncertainty…