1. Expertises // 2015

    SME Taxation in Europe - An Empirical Study of Applied Corporate Income Taxation for SMEs Compared to Large Enterprises

    This report analyses tax incentives for SMEs in 20 EU countries and five non-EU countries between 2009-2013. Its findings and recommendations are based on a review of tax codes, modelling of tax burdens using…

  2. ZEW Newsletter // 2015

    2015-08

    1. News
    2. Call for Papers
      • ZEW Workshop on the Development and Consequences of Atypical Employment
    3. Staff
      • Visiting Researchers
    4. Press Releases
    5. Recent Publications
      IN ENGLISH
      • ZEWnews English Edition
      • Financial Market Report…
  3. ZEW Discussion Paper No. 15-064 // 2015

    The Settlement Procedure in EC Cartel Cases: An Empirical Assessment

    In June 2008, the European Commission (EC) was enabled to introduce a settlement procedure that aims at promoting the procedural efficiency of cartel enforcement in the European Union (EU). We use a data set…

  4. ZEW Discussion Paper No. 15-063 // 2015

    The Duration of the EC Merger Control Process: Determinants and the Impact of the 2004 Merger Regulation Reform

    The duration of merger proceedings held by competition authorities is an important determinant of the efficiency of the entire merger control process. We use a dataset of 2953 Phase I and 92 Phase II…

  5. ZEW Discussion Paper No. 15-062 // 2015

    Competition in the German Interurban Bus Industry: A Snapshot Two Years After Liberalization

    We study competition in the German interurban bus industry two years after its liberalization in January 2013. In addition to a brief characterization of the liberalization process and several general market…

  6. ZEW Discussion Paper No. 15-061 // 2015

    Deregulation, Competition, and Consolidation: The Case of the German Interurban Bus Industry

    We provide an empirical assessment of the German interurban bus industry two years after its deregulation in January 2013. In addition to a general description of key developments of the industry, we use a…

  7. ZEW Discussion Paper No. 15-060 // 2015

    Information Exchange Through Non-binding Advance Price Announcements: An Antitrust Analysis

    We study the welfare effects of non-binding advance price announcements. Applying a differentiated Bertrand model with horizontal products and asymmetric information, we find that such announcements can help…

  8. ZEW Discussion Paper No. 15-059 // 2015

    Balancing Competition and Cooperation: Evidence from Transatlantic Airline Markets

    In the last two decades, airline alliances were not only successful in extending the size of their networks, but also received approvals by public authorities to intensify their cooperation through to…

  9. ZEW Discussion Paper No. 15-058 // 2015

    Did the Introduction of the Euro Lead to Money Illusion? Empirical Evidence from Germany

    Using the introduction of the euro as a natural experiment, we provide economy-wide evidence for money illusion based on declared donations from German admin-istrative income tax data. Our results suggest a…