___________________________________________________________________ ___________________________________________________________________ Z E W N E W S L E T T E R E N G L I S H E D I T I O N No. 2012-04 April 26, 2012 (Yvonne Braeutigam, newsletter-en at zew.de ) http://www.zew.eu _____________________________________________________________________ _____________________________________________________________________ Content 1. NEWS 2. Call for Papers 2.1. ZEW International Conference on the Dynamics of Entrepreneurship (CoDE) (October 4-5, 2012) 3. STAFF 3.1. Visiting Researchers 4. PRESS RELEASES 5. RECENT PUBLICATIONS IN ENGLISH LANGUAGE 5.1. ZEWnews English Edition 5.2. Financial Market Report Switzerland 5.3. Financial Market Report CEE 5.4. Discussion Papers IN GERMAN LANGUAGE 5.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) 5.6. ZEW-Branchenreport Informationswirtschaft (ZEW Report on the Information Economy) 5.7. ZEW-Wirtschaftsanalysen (ZEW Economic Analyses) 6. NEW RESEARCH PROJECTS 7. EVENTS 7.1. Scientific Events _____________________________________________________________________ 1. NEWS 26.04.2012 ZEW Hosts Largest European Conference for Young Economists: On Thursday April 26, 2012, started the three-day meeting of about 200 young economists at the Centre for European Economic Research (ZEW) in Mannheim. They take part in the "Spring Meeting of Young Economists" (SMYE). The conference is organised on an annual basis "by young economists for young economists" and takes place in different European countries. Read more: http://www.zew.de/news1990 25.04.2012 ZEW Annual Report 2011 Published - ZEW Success Story Continues: In the business year 2011, the Centre for European Economic Research (ZEW) was able to significantly increase its overall returns by approx. 2.6 million euros to 18.2 million euros. In particular third-party funding contributed to this success with an increase of 2.1 million euros. This information is provided by the recently published institute's annual report. Read more: http://www.zew.de/news1987 23.04.2012 Exchange of Views Between ZEW and Minister of Finance and Economics Dr. Nils Schmid: On April 23, 2012, ZEW President Professor Dr. Dr. h.c. mult. Wolfgang Franz and Minister of Finance and Economics of the State of Baden-Wuerttemberg Dr. Nils Schmid met in Stuttgart to discuss current economic policy developments. Read more: http://www.zew.de/news1985 23.04.2012 Baden-Wuerttemberg Sustainability Days 2012 - Students Visit ZEW: Qualification phase-students from Schwetzingen Business Secondary School (Wirtschaftsgymnasium Schwetzingen) visited the Centre for European Economic Research (ZEW) in Mannheim in the context of the Baden-Wuerttemberg Sustainability Days. On Friday, April 20, 2012, researchers from the ZEW Research Department "Environmental and Resource Economics, Environmental Management" informed the students and their economic geography teachers about the connections between economics and sustainable climate protection. Read more: http://www.zew.de/press1982 19.04.2012 Joint Diagnosis Spring 2012: German Economy on the Rise - European Debt Crisis Intensifies Further: After a weak winter half year, the German economy is on the rise again. The institutes forecast an increase of the real GDP by 0.9 per cent for 2012 and by 2.0 per cent for 2013. The situation on the labour market will improve further and the number of unemployed persons will decrease to 2.8 million in 2012. Read more: http://www.zew.de/press1976 29.03.2012 Leibniz ScienceCampus "Mannheim Centre for Competition and Innovation" (MaCCI) Takes Off: An international conference on global regimes for the protection of intellectual property rights and corporate competitive behaviour on March 29, 2012, launched the new Leibniz ScienceCampus "Mannheim Centre for Competition and Innovation" (MaCCI). MaCCI is a joint project of the Centre for European Economic Research (ZEW) and the School of Law and Economics at the University of Mannheim. Its specific research design is almost unique in Germany and in Europe. Mannheim-based MaCCI is co-funded by the State of Baden-Wuerttemberg and the Leibniz Association. Read more: http://www.zew.de/news1961 For current news, please visit: http://www.zew.de/news 2. Call for Papers 2.1 ZEW International Conference on the Dynamics of Entrepreneurship (CoDE) (October 4-5, 2012) Formation, growth, and closure of firms are crucial for innovation, employment, and structural change in modern economies. The aim of this conference is to discuss recent scientific contributions on the interdependencies between finance, human capital, innovation activities, and investment activities of young firms. Papers introducing recent theoretical, econometric, and policy-oriented studies from all areas of entrepreneurship research are invited. Please submit your paper or an extended abstract (min. 3 pages) to entrepreneurship2012 at zew.de no later than May 31, 2012. Additional information and Call for Papers: http://www.zew.de/entrepreneurship2012 3. STAFF 3.1. Visiting Researchers Prof. Dr. Dirk Ruebbelke Visiting Researcher at ZEW: >/From April 16 - 30, 2012, Prof. Dr. Dirk Ruebbelke from Basque /Centre for Climate Change (BC3) and the Basque Foundation for Science (IKERBASQUE) is visiting researcher at the ZEW Research Department "Environmental and Resource Economics, Environmental Management". His main research fields are environmental economics, the theory of public goods as well as international climate and energy policy. Prof. Dr. Ruebbelke and Prof. Dr. Loeschel jointly organise the ZEW conference "New Directions in the Voluntary Provision of International Public Goods". The presented papers will be published in a special issue of Economica, which will be conceptualised during his stay. Additional information on Prof. Dr. Dirk Ruebbelke: http://www.bc3research.org/our_team/researchers/dirk_ruebbelke.html Dr. Sebastian Peyer Visiting Researcher at ZEW: >/From May 7-11, 2012, Dr. Sebastian Peyer will be visiting researcher /at the ZEW Research Group Competition and Regulation. He is Post Doctoral Research Fellow with the Centre for Competition Policy (CCP) at the University of East Anglia in Norwich (UK), and conducts research in the area of competition law. During his stay at ZEW he will concentrate particularly on the private enforcement of competition law. Additional information on Dr. Sebastian Peyer: http://competitionpolicy.ac.uk/people/dr-sebastian-peyer Professor Frank T. Rothaermel, PhD, Visiting Researcher at ZEW: >/From May 2 to June 29, 2012, Frank T. Rothaermel, PhD, Professor at /Georgia Tech Business School, will be visiting researcher at the ZEW Research Department "Industrial Economics and International Management". During his stay he will deal with the internal organisation of research teams in industrial R&D departments, focusing on biotechnology and pharmaceutical industry. Additional information on Prof. Frank T. Rothaermel, PhD: http://mgt.gatech.edu/directory/faculty/rothaermel 4. PRESS RELEASES 23.04.2012 - ZEW (msu/ggr) Information Economy - Tarnished Situation, Positive Outlook: After a slight recovery during the fourth quarter of 2011, the economic sentiment within the information economy has again tarnished slightly during the first quarter of 2012. The Economic Sentiment Indicator for the Information Economy drops by 3.2 points to 58.4 points during the first quarter. But, with a value of more than 50 points, it still indicates a positive development. This is the finding of the economy survey conducted by the Centre for European Economic Research (ZEW) in Mannheim, Germany, in March 2012 within the information economy sector. Read more: http://www.zew.de/press1984 19.04.2012 - ZEW (zil/kbo) ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations for the CEE Region Reversed: Economic expectations for Central and Eastern Europe including Turkey (CEE) have declined by 11.2 points in April 2012. Consequently, the ZEW-Erste Group Bank Economic Sentiment Indicator CEE currently manoeuvres at the 5.4 points-mark. This reverses to some extent the indicator's major increase displayed in the previous month (March 2012: up 36.1 points). The economic sentiment indicator for the CEE region and further financial market data have been surveyed monthly by the Centre for European Economic Research (ZEW) with the support of Erste Group Bank, Vienna, since 2007. Read more: http://www.zew.de/press1977 18.04.2012 - ZEW/CS (lja/kbo) ZEW-CS Financial Market Test Switzerland - Stable Economic Outlook in April: Reaching the 2.1 points-mark in April 2012, economic sentiment for Switzerland manoeuvres at a slightly higher level compared to the March reading. Due to this month's improvement by 2.1 points the ZEW-CS Indicator stabilises at positive territory. The ZEW-CS Indicator is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). The indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon. Read more: http://www.zew.de/press1975 17.04.2012 - ZEW (dci/fmo) ZEW Indicator of Economic Sentiment - Expectations Almost Unchanged: The ZEW Indicator of Economic Sentiment for Germany has increased by 1.1 points to a level of 23.4 points in April 2012. Thus, the indicator has risen for the fifth consecutive time. Compared to the previous month the Indicator of Economic Sentiment is nearly unchanged. This indicates that economic expectations have stabilised. This assessment shows that the financial market experts surveyed by ZEW in general expect a further positive development of the German economy during the next six months. Read more: http://www.zew.de/press1973 12.04.2012 - ZEW (mkm/eje) Online Trade - Increase in the Number of Sellers Leads to Decrease in Prices: Internet shopping is becoming more and more popular. On price comparison sites users can obtain helpful advice, where to find the best price. A recent study conducted by the Centre for European Economic Research (ZEW) in Mannheim and the University of Linz shows that price comparisons are worth the effort. The study is part of the ZEW research programme "Strengthening Efficiency and Competitiveness in the European Knowledge Economies"(SEEK). Read more: http://www.zew.de/press1966 12.04.2012 - ZEW (vni/kbo) Increasing Dynamics on German M&A Market: An increasing number of concluded mergers and acquisitions (M&A) can be expected until the end of 2012 in Germany. This is the result of a forecast by the Centre for European Economic Research (ZEW) in Mannheim, Germany. ZEW calculates the M&A Index for Germany (further information at the bottom of the press release) on the basis of Bureau van Dijk's database, and forecasts its further course for the next 12 months. Read more: http://www.zew.de/press1970 11.04.2012 - ZEW (tzw/kbo) Quality Vocational Education Pays Off for Firms: Quality vocational education pays off for young professionals who stay with their training companies, as has been shown over and over. According to new insights, however, young professionals who change to a new company directly after their training period can benefit as well: from a good training quality and from a strict selection of trainees by their training company. This is an important finding since employees who change to a new company directly after their vocational training are frequently suspected of having a below-average performance. Read more: http://www.zew.de/press1964 02.04.2012 - ZEW (che/ggr) ZEW/ProgTrans Survey Among Transport Market Experts - Decreasing Economic Dynamics Curb Freight Traffic Volume: The economic downturn is curbing the freight traffic volume. However, experts expect no decrease in freight volumes but a rather stable demand on most transport markets within the next six months. Expectations concerning the price development vary due to opposing trends induced by demand effects, cost developments, and the respective competitive situations, and are thus quite heterogeneous. Read more: http://www.zew.de/press1963 For current press releases, please visit: http://www.zew.de/en/presse 5. RECENT PUBLICATIONS IN ENGLISH LANGUAGE 5.1. ZEWnews English Edition ZEWnews English edition March/April 2012 * Environmentally Friendly Process Innovations Encourage Hiring of New Employees * Falling Profit Margins in E-Commerce as Product Life Cycles Lengthen * Business Tax Rates Remain Low, Despite the Crisis * In-House Recognition Awards Motivate Award-Winners to Perform Better * Excellence Labels and University Rankings Influence University Choice Only Moderately * Questions & Answers: Strengthening Competition, Optimising Regulatory Interventions * Effects of Minimum Wages on the Roofing and Waste Management Industry * Opinion Regarding The Debt Brake Download as PDF(*): http://ftp.zew.de/pub/zew-docs/zn/en/zn042012.pdf 5.2. Financial Market Report Switzerland Financial Market Report Switzerland May 2012 * Economic Outlook for Switzerland: Expectations Stabilised in April * Current Economic Situation: Slightly Better Indicator * Inflation Expectations: Stable Inflation Rate, but Risks to the Upside * Short-Term Interest Rates: Expected to Remain Very Low * Stock Market Outlook: Optimism Still Predominates * Swiss Franc vs. Euro: EUR/CHF Expected to Be Stable * Special Questions: SNB Policy Download as PDF(*): http://www.zew.de/FinancialMarketReportSwitzerland052012.pdf 5.3. Financial Market Report CEE Financial Market Report CEE May 2012 The Financial Market Report CEE April 2012 will be published soon. The report adresses the economic outlook for the CEE Region, Austria and the eurozone as well as the results of the special question concerning the growth and recovery prospects of the CEE countries. Download in a few days as PDF(*): http://ftp.zew.de/pub/zew-docs/fmt_cee/FMTCEE052012.pdf 5.4. Discussion Papers 12-030 Dirk Czarnitzki; Julie Delanote Young Innovative Companies: The New High-Growth Firms? Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12030.pdf 12-029 Michael Schymura; Andreas Loeschel Investigating JEEM Empirically: A Story of Co-Authorship and Collaboration Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12029.pdf 12-028 Matthias Hunold; Johannes Muthers Resale Price Maintenance and Manufacturer Competition for Retail Services Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12028.pdf 12-027 Dirk Czarnitzki; Susanne Thorwarth Productivity Effects of Basic Research in Low-Tech and High-Tech Industries Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12027.pdf 12-026 Christian Dick; Lukas Menkhoff Exchange Rate Expectations of Chartists and Fundamentalists Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12026.pdf 12-025 Jan Hogrefe; Yao Yao Offshoring and Labour Income Risk Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12025.pdf 12-024 Daniel Cerquera; Francois Laisney; Hannes Ullrich Considerations on Partially Identified Regression Models Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12024.pdf 12-023 Bernd Fitzenberger; Marina Furdas Benchmarking Regions: Estimating the Counterfactual Distribution of Labour Market Outcomes Download as PDF(*): http://ftp.zew.de/pub/zew-docs/dp/dp12023.pdf IN GERMAN LANGUAGE 5.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) ZEW Financial Market Report May 2012 * Economic Outlook Stabilises * No Change of Interest Level Expected * USA: Stabilisation of the Economic Environment Continues * Japan: Assessment of the Situation Improves * Great Britain: Assessment of the Current Economic Situation Improves * Special Question: Growth of German GDP Download as PDF (German only)(*): http://ftp.zew.de/pub/zew-docs/frep/052012.pdf 5.6. ZEW-Branchenreport Informationswirtschaft (ZEW Report on the Information Economy) ZEW Report on the Information Economy, 1st Quarter 2012 * Tarnished Situation - Positive Outlook * Product and Service Sales Through the Internet Can Be Developed Further Download as PDF (German only)(*): http://ftp.zew.de/pub/zew-docs/brepikt/201201BrepIKT.pdf 5.7. ZEW-Wirtschaftsanalysen (ZEW Economic Analyses) Volume 101 Christian Rammer, Oliver Som, Steffen Kinkel, Christian Koehler, Torben Schubert, Franz Schwiebacher, Eva Kirner, Agnes Pesau and Martin Murmann Innovationen ohne Forschung - Wie Unternehmen ohne eigene FuE-Taetigkeit erfolgreich neue Produkte und Prozesse einfuehren (Innovation Without Research - How Firms Without R&D-Activities Successfully Introduce New Products and Processes) Additional information and order option (German only): http://www.zew.de/publikation6538 (*) Please note: PDF files can be displayed with Adobe Acrobat Reader. The software can be downloaded for free: http://get.adobe.com/uk/reader 6. NEW RESEARCH PROJECTS e-Frame: European Framework for Measuring Progress http://www.zew.de/project1198 The Quality of Employment and Firm Outcomes: A Panel Analysis of Recent Developments in 600 German Establishments http://www.zew.de/project1197 Early Bird 2012-2016 http://www.zew.de/project1191 Counselling Financial Market Econometrics http://www.zew.de/project1190 The Influence of FDI on the Synchronisation of Business Cycles: A Panel Approach http://www.zew.de/project1183 7. EVENTS 7.1. Scientific Events 03.05.2012 ZEW Research Seminar: Do Short-Term Laboratory Experiments Validly Describe Long-Term Economic Interactions? Speaker: Dr. Israel Waichman (Heidelberg University) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1668 03.05.2012 Workshop: SEEK Workshop on The Economics of Public Support to the European Car Industry Location of the event: Representation of the State of Baden-Wuerttemberg to the European Union, Rue Belliard 60 - 62, Brussels, Belgium Additional information: http://www.zew.de/carworkshop2012 09.05.2012 ZEW Research Seminar: Emotional Balance and Probability Weighting Speaker: Richard Deaves (McMaster University, Hamilton) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1666 10.05.2012 Mannheim Competition Policy Forum: The Evolution of Airline Competition Speaker: Michael Levine (New York University) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1622 10.-11.05.2012 Workshop: 6th Competition Law and Economics European Network (CLEEN) Workshop Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/cleen2012 10.-11.05.2012 Conference: The Role of Expectations in Financial Markets Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/expectationsconference2012 11.05.2012 ZEW Research Seminar: The Role of Speculation in Oil Markets: What Have We Learned So Far? Speaker: Lutz Kilian (University of Michigan) Location of the event: University of Mannheim, Schloss, Eastwing - O 129, Mannheim Additional information: http://www.zew.de/event1666 21.-26.05.2012 Workshop: CISS - Competition and Innovation Summer School Location of the event: Turunc/Marmaris (Turkey) Additional information: http://www.zew.de/event1597 24.05.2012 ZEW Research Seminar: Fiscal Union in Europe? Efficiency, Equity and Stabilizing Effects of an EU-Wide Income Tax Speaker: Dirk Neumann (IZA and University of Cologne) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1661 31.05.-01.06.2012 Workshop: Inaugural Meeting on The Economics of Science (in German language) Location of the event: ZEW, Mannheim Additional information (in German): http://www.zew.de/wissenschaftsoekonomie2012 25.06.2012 - 26.06.2012 Conference: Mannheim Energy Conference 2012 Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/energy2012 27.06.2012 - 28.06.2012 Conference: 3rd Conference on Recent Developments in Macroeconomics Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/macroconference2012 28.06.2012 - 29.06.2012 Conference: 10th ZEW Conference on the Economics of Information and Communication Technologies Additional information: http://www.zew.de/ict-conference _____________________________________________________________________ IMPRINT Publisher: Centre for European Economic Research GmbH (ZEW) L 7, 1 - 68161 Mannheim - Germany - http://www.zew.eu Phone +49 621/1235-01 Fax +49 621/1235-255 Seat of the company: Mannheim Local Court Mannheim HRB 6554 Chairman of the Supervisory Board: Gerhard Stratthaus, MdL, Minister, ret. Executive Directors: Prof. Dr. Dr. h.c. mult. Wolfgang Franz, Thomas Kohl Editors: Yvonne Braeutigam, yvonne.braeutigam at zew.de ; Patrick Pilarek, pilarek at zew.de E-mail: newsletter-en at zew.de Editorial assistants: Laura Piotter; Christian Welt Responsibility: Gunter Grittmann, grittmann at zew.de Legal note: http://www.zew.eu/legalnote You can subscribe/unsubscribe at any time - online via http://www.zew.eu/newsletter or - mail to zew-newsletter-englishedition-request at mx-assp2.zew.de Subject: (leave blank!) Text: subscribe zew-newsletter-englishedition or unsubscribe zew-newsletter-englishedition _____________________________________________________________________ ------------------------------------------------------------------------ * *Messages sorted by:* [ date ] [ thread ] [ subject ] [ author ] ------------------------------------------------------------------------ More information about the Zew-newsletter-englishedition mailing list