1. Expertises // 2016

    Tätigkeitswandel und Weiterbildungsbedarf in der digitalen Transformation

    Die Digitalisierung und Automatisierung der Wirtschaft schreiten immer weiter voran. Insbesondere die Vernetzung von IT- und Geschäftsprozessen (Industrie 4.0) ermöglicht immer neue Anwendungs- und…

  2. ZEW-Finanzmarktreport // 2016

    Dezember 2016

    • Ausgang der US-Wahl belastet die deutschen Konjunkturerwartungen nur wenig
    • Eurozone: Inflationserwartungen nehmen stark zu
    • USA: Konjunkturerwartungen nach Trump-Wahl fast unverändert
    • Japan: Konjunkturausblick…
  3. ZEW policy brief No. 16-08 // 2016

    Herausforderungen der Digitalisierung für die Zukunft der Arbeitswelt

    Technological change is increasingly turning the value chain into an automated and digitalised process. The digitalisation and automation of manufacturing processes is characterised by the use of increasingly…

  4. M&A Report // 2016

    November/December 2016

    • Mergers and Acquisitions in Germany: M&A Index Hits Record High
    • M&A Transactions Decline in the IT Sector
    • Capital Gains Taxes Slow M&A Activities
    • Few Large-Scale Acquisitions in the US Telecommunications Market
  5. Financial Market Report Switzerland // 2016

    December 2016

    • Analysts Expect Rising Share Prices and a Sluggish Economy
    • International Financial Market Data — Assessments and Expectations
    • Stock-Market Expectations Rise Significantly
    • Analysts Tend to Expect the Franc to…
  6. Discussion and Working Paper // 2016

    An analysis of euro area bond maturities and simulation of the introduction of new CACs

    This paper studies the maturity structure of sovereign debt in the euro area and the penetration of the sovereign debt stock with a new type of collective action clauses (CACs), labeled Creditor Participation…

  7. ZEW Discussion Paper No. 16-075 // 2016

    Does Energy Policy Hurt International Competitiveness of Firms? A Comparative Study for Germany, Switzerland, and Austria

    This paper investigates the impact of energy policies on the export performance of firms. There has been a long policy debate on potentially negative impacts of cost-increasing energy policies on international…

  8. Discussion and Working Paper // 2016

    Thinking About Prices versus Thinking About Returns in Financial Markets

    Prices and returns are alternative ways to present financial market information and to elicit financial market expectations. But do investors make sense of prices and returns in the same way? Also, do they state…