1. ZEW Discussion Paper No. 09-042 // 2009

    Higher-Order Beliefs Among Professional Stock Market Forecasters: Some First Empirical Tests

    A sizeable literature reports that financial market analysts and forecasters herd for reputational reasons (See e.g. Devenow and Welch (1996) and Hirshleifer and Teoh (2003) for surveys). As an example, Lamont…

  2. ZEWnews English edition // 2009

    No. 3 - 2009

  3. Financial Market Report Switzerland // 2009

    August 2009

    • Economic Expectations Edge Down Again
    • Eurozone: Experts Expect Short-Term Interest Rates to Hold Steady
    • USA: Almost 57% of Respondents Forecast Improving Economic Outlook
    • Great Britain: Waning Economic Situation…
  4. ZEW-Energiemarktbarometer // 2009

    Juli/ August 2009

    Zunehmend Kraftwerksausfälle auf Grund des Klimawandels erwartet

    Energiewirtschaft

    • Weitergabe von Preisänderungen
    • Asymmetrien bei Strompreisen
    • Ungleiche Preisanpassung bei allen Energieträgern

    Energiepreise

    • Gedämpfte…
  5. Contributions to Edited Volumes and Conference Proceedings // 2009

    Netzexternalitäten und Netzzusammenschaltungen im Internet

  6. ZEW Newsletter // 2009

    2009-07

    1. Aktuell
    2. Call For Papers
      • Call for Papers: ZEW/ IAB Workshop "Workshop zu raeumlichen Dimensionen des Arbeitsmarktes" (23.-24. November 2009)
      • Call for Papers: Erste ReCapNet Konferenz: "Immobilienmaerkte und…
  7. ZEW Discussion Paper No. 09-041 // 2009

    Ability Matching and Survival of Start-Ups

    New firms are regarded to be of substantial importance for the development of an economy, especially for innovation, growth, and the creation of jobs. However, new firms also face a high risk of failure. Thus,…

  8. ZEW Discussion Paper No. 09-040 // 2009

    Enterprise Systems and Labor Productivity: Disentangling Combination Effects

    Company-wide packages of enterprise software for planning and controlling business processes, referred to as enterprise systems, are widely used in many different industries throughout many countries around…