1. Non-Refereed Journal // 2016

    Arbeitswelt 4.0 – Stand der Digitalisierung in Deutschland: Dienstleister haben die Nase vorn

    Mögliche Folgen der zunehmend automatisierten und digitalisierten Arbeitswelt werden gegenwärtig intensiv diskutiert. Dabei stand bislang die Frage nach dem technisch Machbaren im Mittelpunkt. Ob dies jedoch…

  2. ZEW Discussion Paper No. 16-067 // 2016

    Emissions Trading and Productivity: Firm-level Evidence from German Manufacturing

    I study the causal effect of the European Union Emissions Trading System (EU ETS) on the productivity of German manufacturing firms. Using administrative firm-level data, I estimate robust production functions…

  3. Financial Market Report Switzerland // 2016

    November 2016

    • International financial market data — assessments and expectations
    • Higher long-term interest rates anticipated
    • Analysts count on stable CHF
    • Majority expects higher inflation rates
    • Cautious assessment of the stock…
  4. ZEW Discussion Paper No. 16-066 // 2016

    Evaluation of Best Price Clauses in Hotel Booking

    We analyze the best price clauses (BPCs) of online travel agents (OTAs) using meta-search price data of more than 45,000 hotels in different countries. Although OTAs apparently have not changed their standard…

  5. ZEW Discussion Paper No. 16-065 // 2016

    Responses of Firms to Tax, Administrative and Accounting Rules: Evidence from Armenia

    Using panel data on the full population of corporate tax returns of Armenian firms, we study the behavioral response of firms to three size-dependent regulations. We find: i) a strong response to an accounting…

  6. ZEW Discussion Paper No. 16-064 // 2016

    Does State Aid for Broadband Deployment in Rural Areas Close the Digital and Economic Divide?

    We evaluate the impact of a major European state aid program for broadband deployment applied to rural areas in the German State of Bavaria in the years 2010 and 2011. Using difference-in-differences estimation…

  7. ZEW Discussion Paper No. 16-063 // 2016

    Cartel Cases and the Cartel Enforcement Process in the European Union 2001 – 2015: A Quantitative Assessment

    We provide a comprehensive quantitative assessment of cartels and the related cartel enforcement process in the European Union (EU) from 2001 to 2015. In a first step, we present a detailed characterization of…