1. ZEW Discussion Paper No. 10-059 // 2010

    Expected Utility Theory and the Tyranny of Catastrophic Risks

    Expected Utility (EU) theory is not only applied to individual choices but also to ethical decisions, e.g. in cost-bene t analysis of climate change policy measures that a ect future generations. In this context…

  2. ZEW Discussion Paper No. 10-058 // 2010

    A Bayesian Approach to Determine the Impact of Institutions on the Unemployment Rate

    Large differences in the unemployment rates of industrialized countries and the underlying causes of unemployment have been subject of recurring discussion for a long time. Since the early 90's, labor and…

  3. ZEW Discussion Paper No. 10-057 // 2010

    Wirkungen eines Betreuungsgeldes bei bedarfsgerechtem Ausbau frühkindlicher Kindertagesbetreuung: Eine Mikrosimulationsstudie

    Publicly funded day care for children under the age of 3 is used less frequently in Germany compared to other (especially Nordic) countries. Supply of day care is still scarce for this age group. In order to…

  4. Expertises // 2010

    Die Bedeutung des Breitbandinternets für den Unternehmenserfolg

    The efficient usage of modern ICT strategies requires an efficient broadband infrastructure. The European Commission (EU 2020-strategy) therefore demands, as does the German Federal Government (broadband…

  5. Financial Market Report CEE // 2010

    September 2010

    • Economic Sentiment Indicators for Central and Eastern Europe Recover
    • Czech Republic, Poland, and Slovakia: Higher Inflation Rates Predicted
    • Croatia, Hungary, and Romania: Outlook Improves Significantly
    • Special…
  6. ZEW-Finanzmarktreport // 2010

    September 2010

    • Leichter Rückgang warnt vor Euphorie
    • EZB: Experten sehen keinen Anlass für Zinserhöhungen
    • USA: Experten gehen von einer Konjunkturdelle aus
    • Japan: Konjunkturerwartungen stabilisieren sich
    • Großbritannien: Stabile…
  7. ZEW Discussion Paper No. 10-056 // 2010

    Cost Pass-Through in Strategic Oligopoly: Sectoral Evidence for the EU ETS

    The purpose of this paper is to analyse the cost pass-through potential, i.e. the ability of firms in German industrial sectors participating in the EU Emissions Trading Scheme (EU ETS) to adjust output prices…

  8. ZEW Discussion Paper No. 10-055 // 2010

    Pollution Externalities in a Schumpeterian Growth Model

    Global warming, the pollution of the seas or a continuously increasing noise level are just a few examples of environmental issues that have alerted the global public in recent years. As a consequence, more and…

  9. ZEW Discussion Paper No. 10-054 // 2010

    Should Low-wage Workers Care about where they Work? Assessing the Impact of Employer Characteristics on Low-wage Mobility

    The present paper studies the importance of employer-specific determinants in escaping low earnings in Germany. In our empirical analysis, we draw particular attention to the role of employer size and the nature…

  10. ZEW Discussion Paper No. 10-053 // 2010

    IT is Never too Late for Changes? Analysing the Relationship Between Process Innovation, IT and Older Workers

    The key role of information technologies (IT) for productivity and growth is meanwhile undisputed. As so-called 'general purpose technologies' they enable product as well as process innovation which in turn may…

  11. Financial Market Report CEE // 2010

    August 2010

    • Cautious Economic Outlook for Central and Eastern Europe
    • Czech Republic, Poland, and Slovakia: Appreciation of Koruna and Zloty
    • Croatia, Hungary, and Romania: Weak Economic Outlook for Romania
    • Special Question:…