1. ZEW Discussion Paper No. 09-050 // 2009

    Employment Growth in Newly Established Firms – Is There Evidence for Academic Entrepreneur's Human Capital Depreciation?

    This paper contributes to the literature of academic entrepreneurship by investigating the effect of a possible depreciation of academic knowledge after leaving the university. The possibility of a person's…

  2. ZEW Discussion Paper No. 09-049 // 2009

    Industrial Research versus Development Investment: The Implications of Financial Constraints

    Industrial research and development (R&D) activities constitute an important driver of economic competitiveness. The impact of R&D on productivity at the firm level stems from the implementation of newly…

  3. ZEW Discussion Paper No. 09-047 // 2009

    What Determines Local Governments' Technical Efficiency? The Case of Road Maintenance

    While there are numerous studies on the measurement of the technical or cost efficiency of local governments, the analysis of the main drivers of this efficiency has attracted far less attention in this…

  4. ZEW Discussion Paper No. 09-046 // 2009

    Does Social Software Support Service Innovation?

    Social software serves in particular the communication, cooperation and information sharing between individuals and includes applications like blogs, wikis or online communities. Common to all of these…

  5. ZEW Discussion Paper No. 09-045 // 2009

    The European Commission and EUA Prices: A High-Frequency Analysis of the EC's Decisions on Second NAPs

    This paper investigates price formation in the European Union Emissions Trading Scheme (EU ETS). The aim of the paper is to know what is happening to the European Union Allowance (EUA) price, when new…

  6. ZEW Discussion Paper No. 09-044 // 2009

    Decreasing Wage Mobility in Germany

    Cross-section inequality increased in the last decade in Germany. Wage mobility can at least partly offset the increase in cross-section inequality and thus leads to a better understanding of inequality and…

  7. Discussion and Working Paper // 2009

    The cost of climate change in the German fruit sector

    This paper applies the concept of damage coefficients introduced in Houba and Kremers (2008) to provide an estimate of the cost of climate change - in particular the cost of changes in mean regional…

  8. Discussion and Working Paper // 2009

    Environmental damage and price taking behaviour by firms and consumer

    Integrated assessment models lack a microeconomic foundation in modelling environmental damages to the economy. To overcome this, damage coefficients are incorporated in standard microeconomic models. Firms…