1. ZEW Discussion Paper No. 22-051 // 2022

    Executive Compensation Tied to ESG Performance: International Evidence

    This paper examines the reliance on ESG metrics in executive compensation contracts. In our sample of international publicly traded firms, a rapidly growing fraction incorporate ESG metrics in the compensation…

  2. ZEW Discussion Paper No. 22-052 // 2022

    Corporate Carbon Emission Statements

    Current corporate disclosures regarding carbon emissions lack commonly accepted accounting rules. The accrual accounting system for carbon emissions described here is grounded in the rules of historical cost…

  3. Refereed Journal // 2022

    Birthplace Diversity and Team Performance

    Using hand-collected and web-scraped data on 7,208 matches and 3,266 players from the highest division of German male football, this paper examines how birthplace diversity affects team performance. The results…

  4. ZEW Monthly // 2022

    10/2022 – Pensions and Financial Literacy

    Demographic change, changes in the financial markets and current multiple crises have far-reaching effects on old-age provision, savings behaviour in households, interest rates, financing conditions and the…

  5. Refereed Journal // 2022

    The ZEW Financial Market Survey Panel

    The ZEW Financial Market Survey is a monthly panel survey among financial market experts that was launched in December 1991. The survey focuses on the experts’ expectations about international financial markets…

  6. Discussion and Working Paper // 2022

    Pandemic Effects: Is the German Innovation System Suffering from Long-COVID?

    The COVID-19 pandemic has adversely impacted firms in all economies worldwide. Their innovative behavior in the initial- and subsequent years is crucial to economic recovery. We investigate its impact on firms’…

  7. ZEW Discussion Paper No. 22-050 // 2022

    Willingness to Volunteer Among Remote Workers Is Insensitive to the Team Size

    Volunteering is a widespread allocation mechanism in the workplace. It emerges naturally in software development or the generation of online knowledge platforms. Using a field experiment with more than 2000…

  8. ZEW Discussion Paper No. 22-049 // 2022

    Political Consequences of Consumer Debt Relief

    We study consumer debt relief as a tool of distributive politics and ask if debt relief can influence elections. We utilize quasi-experimental variation generated by a very large debt relief program enacted in…

  9. ZEW Discussion Paper No. 22-048 // 2022

    Performance Feedback and Job Search Behavior: Empirical Evidence From Linked Employer-Employee Data

    In this paper, we study whether performance feedback can serve as an instrument for firms to increase employee retention. Feedback on the relative performance may affect individual job search behavior…