1. Refereed Journal // 2019

    Do voluntary environmental programs reduce emissions? EMAS in the German manufacturing sector

    Voluntary environmental management programs for firms are a popular instrument of environmental policy. However, the effectiveness of such programs is ambiguous based on the existing literature. We evaluate the…

  2. China Economic Panel (CEP) // 2019

    October 2019

    • Expectations for Chinese Economy Recovering: CEP Indicator Falls to a New Reading of Minus 5.8 Points
    • 26 analysts participated in the October survey, which was conducted during the period 8 till 17 October 2019
  3. ZEW-Finanzmarktreport // 2019

    November 2019

    • Erwartungen gehen leicht zurück, Exportaussichten belasten deutsche Wirtschaft
    • Eurozone: Konjunkturelle Lage verschlechtert sich
    • USA: Konjunkturerwartungen gehen leicht zurück
    • Japan: Lage- und…
  4. ZEW Discussion Paper No. 19-044 // 2019

    Firm Acquisitions by Family Firms: A Mixed Gamble Approach

    This study elucidates the mixed gamble confronting family firms when considering a related firm acquisition. The socioemotional and financial wealth trade-off associated with related firm acquisitions as well as…

  5. ZEW Discussion Paper No. 19-043 // 2019

    Markets for Technology in Europe – Mapping Demand and Its Drivers

    Functioning markets for technology are an important determinant for the type, scope and distribution of innovation activities in an economy. However, markets for technology are often underdeveloped or…

  6. ZEW Discussion Paper No. 19-042 // 2019

    Can European Banks’ Country-by-Country Reports Reveal Profit Shifting? An Analysis of the Information Content of EU Banks’ Disclosures

    We create a novel database of hand-collected information from the country-by-country reports (CbCRs) of more than 100 multinational bank groups headquartered in the EU for 2014-2016. We compare this new dataset…

  7. ZEW Discussion Paper No. 19-041 // 2019

    The Real Effects of Bank Distress: Evidence from Bank Bailouts in Germany

    How does bank distress impact their customers’ probability of default and trade credit availability? We address this question by looking at a unique sample of German firms from 2000 to 2011. We follow their…

  8. Refereed Journal // 2019

    Linking savings behavior, confidence and individual feedback: A field experiment in Ethiopia

    In this paper we investigate behavioral constraints to savings among smallholder farmers in rural Ethiopia. Increasing savings by overcoming such behavioral constraints has been documented to have positive…