1. ZEW Discussion Paper No. 15-054 // 2015

    Vetoing and Inaugurating Policy Like Others Do: Evidence on Spatial Interactions in Voter Initiatives

    A sizeable literature studies whether governments strategically interact with each other through policy-diffusion, learning, fiscal and yardstick competition. This paper asks whether, in the presence of direct…

  2. ZEW Discussion Paper No. 15-053 // 2015

    Does Codetermination Affect the Composition of Variable Versus Fixed Parts of Executive Compensation?

    Contrary to previous literature we hypothesize that interests of labor may well – like that of shareholders – aim at securing the long-run survival of the firm. Consequently, employee representatives on the…

  3. ZEW Discussion Paper No. 15-052 // 2015

    The Impact of Taxes on Bilateral Royalty Flows

    In 2013 the OECD introduced its Action Plan on base erosion and profit shifting (BEPS). One of the major concerns of this Plan is a strategic use of intangible assets as an instrument for profit shifting. The…

  4. Discussion and Working Paper // 2015

    Life-cycle Incidence of Family Policy Measures in Germany: Evidence from a Dynamic Microsimulation Model

    This paper quantifies the life-cycle incidence of key family policy measures in Germany. The analysis is based on a novel dynamic microsimulation model that combines simulated family life-cycles for a base…

  5. ZEW Annual Report // 2015

    2014

    The Centre for European Economic Research (ZEW) stood its ground in national and international competition in 2014 with a total revenue of about EUR 20 million. The institute successfully reinforced its…

  6. Discussion and Working Paper // 2015

    The Economic Costs of Mass Surveillance: Insights from Stasi Spying in East Germany

    Based on official records from the former East German Ministry for State Security, we quantify the long-term costs of state surveillance on social capital and economic performance. Using county-level variation…

  7. ZEW Newsletter // 2015

    2015-07

    1. News
    2. Call for Papers
      • TAPES 2016 - ZEW/NBER Trans-Atlantic Public Economics Seminar
    3. Staff
      • Guests at ZEW
      • Visiting Researchers
    4. Press Releases
    5. Recent Publications
      IN ENGLISH
      • Financial Market Report Switzerland
      • Financial…