Publications of the Research Unit Pensions and Sustainable Financial Markets

  1. ZEW Discussion Paper No. 07-082 // 2007

    Merger Control as Barrier to EU Banking Market Integration

    In 2005, the President of the Bank of Italy blocked the cross-border acquisition of two Italian banks for "prudential reasons and formal errors". Following these events, the EU Commission brought actions…

  2. ZEW Discussion Paper No. 07-076 // 2007

    What Explains the Spread Between the Euro Overnight Rate and the ECB's Policy Rate?

    In this paper we employ a time series econometric framework to explore the structural determinants of the spread between the euro overnight rate and the ECB's policy rate (EONIA spread) aiming to explain the…

  3. ZEW Discussion Paper No. 07-068 // 2007

    Projecting the Medium-Term: Outcomes and Errors for GDP Growth

    The focus of this paper is the evaluation of a very popular method for potential output estimation and medium-term forecasting— the production function approach—in terms of predictive performance. For this…

  4. ZEW Discussion Paper No. 07-067 // 2007

    Price Discovery for Cross-Listed Securities from Emerging Eastern European Countries

    This study provides empirical evidence verifying the theory of price discovery for Eastern European enterprises based on their cross-listing on Western European exchanges. Despite the fact that the crosslisting…

  5. ZEWnews English edition // 2007

    No. 4 - 2007

    • Experts Support EEC Climate Targets
    • Important Technology Impulses from Engineering, Electronics and Chemicals
    • People with an Immigration Background are Paid Less than Native Germans
    • Incorporating Exchange Traded…
  6. ZEW Discussion Paper No. 07-059 // 2007

    Options, Futures, and Other Derivatives in Russia: An Overview

    This work provides a descriptive overview of Russian markets for financial derivatives. Available figures for the exchange-traded and over-the-counter-traded derivatives in Russia show that the Russian…

  7. Contributions to Edited Volumes and Conference Proceedings // 2007

    Welche Rahmenbedingungen für Private Equity?

Further Publications

ZEW Financial Market Survey

German Real Estate Finance Index (DIFI Report)