1. ZEW Discussion Paper No. 13-055 // 2013

    The Effect of Regulatory Scrutiny Asymmetric Cost Pass-through in Power Wholesale and its End

    This paper examines the effect of an investigation report by the competition authority on the pass-through of EU emission allowance (EUA) prices to German electricity wholesale prices.

    Since January 2005, the…

  2. ZEW Discussion Paper No. 13-054 // 2013

    Do First Mover Advantages for Producers of Energy Efficient Appliances Exist? The Case of Refrigerators

    Energy efficiency regulation is an important driver for innovations in environmental technologies. Improvements of energy efficiency do not only contribute to reach environmental policy targets, they can be…

  3. ZEW-Finanzmarktreport // 2013

    September 2013

    • ZEW-Konjunkturerwartungen verbessern sich
    • EZB: Experten erwarten höhere Inflationsrate in Europa
    • USA: Einschätzung der konjunkturellen Lage bleibt positiv
    • Japan: Konjunkturelle Lage verbessert sich erneut
    • Großbritan…
  4. ZEWnews English edition // 2013

    07/08 - 2013

  5. ZEW Discussion Paper No. 13-053 // 2013

    Do Employment Subsidies Reduce Early Apprenticeship Dropout?

    In many countries, apprenticeship training plays a major role for school leavers to enter the labour market. Despite the importance of the apprenticeship degree, dropout of apprenticeship training is frequent:…

  6. ZEW Discussion Paper No. 13-052 // 2013

    Energy Intensity Developments in 40 Major Economies: Structural Change or Technology Improvement?

    Energy efficiency improvements, i.e. a more prudent use of scarce and polluting resources while simultaneously maintaining a certain level of output, are considered one of the most promising measures to meet…

  7. Financial Market Report Switzerland // 2013

    September 2013

    • Generally More Optimistic
    • Inflation Expectations Broadly Unchanged
    • Expectations of a Weaker CHF Increase
    • Mixed Sentiment for Gold
    • Special Questions: Valuation of Asset Classes
  8. ZEW Discussion Paper No. 13-050 // 2013

    Adverse Selection and Moral Hazard in Anonymous Markets

    Informational asymmetries abound in anonymous markets, such as those opening in the internet almost every day. In particular, before trading takes place, the typical buyer does not know whether her anonymous…

  9. ZEW Annual Report // 2013

    2012

    In 2012, the Centre for European Economic Research (ZEW) in Mannheim increased its total revenues by 2.3 million euros to 20.5 million euros. It was in particular the growth of third-party funding which…