[ZEW Newsletter English Edition] 2014-03 *zew-newsletter-englishedition at mx-assp2.zew.de* zew-newsletter-englishedition at mx-assp2.zew.de /Thu Mar 27 15:00:33 MET 2014/ * *Messages sorted by:* [ date ] [ thread ] [ subject ] [ author ] ------------------------------------------------------------------------ _____________________________________________________________________ _____________________________________________________________________ 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. 2014-03 March 27, 2014 (Yvonne Braeutigam, newsletter-en at zew.de ) http://www.zew.eu _____________________________________________________________________ _____________________________________________________________________ Content 1. NEWS 2. CALL FOR PAPERS 2.1. 2014 MaCCI Law and Economics Conference (November 6-7, 2014) 3. STAFF 3.1. Visiting Researchers 4. PRESS RELEASES 5. RECENT PUBLICATIONS IN ENGLISH 5.1. ZEWnews English Edition 5.2. Financial Market Report Switzerland 5.3. Financial Market Report CEE 5.4. ZEW Discussion Papers IN GERMAN 5.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) 5.6. Deutscher Immobilien-Finanzierungsindex(DIFI)-Report (German Real Estate Finance Index Report) 5.7. Gutachten/Forschungsberichte (Expertises/Research Reports) 6. NEW RESEARCH PROJECTS 7. EVENTS 7.1. Public Events 7.2. Scientific Events 8. JOB OFFERS _____________________________________________________________________ 1. NEWS 20.03.2014 ZEW Launches new Series of Events in Brussels: The new series ZEW Lunch Debates was met with great response in Brussels. The opening speech by EU Commissioner Guenther H. Oettinger as well as the following panel discussion with distinguished speakers addressed the topic "Post 2020 Energy and Climate Protection Targets". ZEW President Prof. Clemens Fuest welcomed about 120 participants from the European Commission and the European Parliament as well as industry associations, companies, research institutions and non-governmental organisations to the first ZEW Lunch Debate in Brussels on March 18, 2014. The kick-off event of this new ZEW series addressed an environmental economics topic: "Post 2020 Energy and Climate Protection Targets". Read more: http://www.zew.de/news2597 11.03.2014 KfW/ZEW CO2 Barometer Manufacturing Industry Edition - Companies Consider Grid Expansion the Energy Transition's Major Challenge: According to German companies in the manufacturing industry, the grid expansion is the most important aspect in the shift towards renewable energy. This is the result of a survey conducted for the 2013 KfW/ZEW CO2 Barometer - Manufacturing Industry Edition. Half of the participating companies consider the grid expansion to be the major challenge of the energy transition, followed by renewable energy and energy efficiency targets. Read more: http://www.zew.de/news2584 10.03.2014 Q&A: Distributive Justice in Germany? - Germany's Welfare State Fares Well when Compared Internationally: Does Germany need more income redistribution? Andreas Peichl, head of the new ZEW Research Group "International Distribution and Redistribution", argues that Germany's tax-transfer system exhibits good performance relative to other countries. Read more: http://www.zew.de/news2588 07.03.2014 ZEW President Clemens Fuest on the Consequences of German Constitutional Court Ruling on OMT: Confusion - that was the first effect of the decision by the German Constitutional Court on the OMT programme of the ECB. "Victory for the ECB" read the first headlines in the Financial Times. Initially it looked as though the court had delegated the decision on the OMT's future to an amenable European Court of Justice (ECJ). Yet this is wrong. The German judges accuse the ECB of overstepping its mandate, and they dismiss the argument that the OMT is legitimate because it ensures that monetary policy works well. They also reject the idea that it is the job of monetary policy to avert euro exit. The ruling considers the OMT bond-buying scheme to be tantamount to ESM aid without parliamentary legitimation and control. Read more: http://www.zew.de/news2589 07.03.2014 ZEW DIFI Report Published - Real Estate Market Players Remain Optimistic: In the first quarter of 2014, the German Real Estate Finance Index (DIFI) is at 23.0 points and has thus reached its third-highest level since the survey was launched in 2011. Compared to the previous quarter, however, the index has decreased by five points. This can be equally attributed to the slight slowdown in the improvement in the financing situation as well as to the financing expectations. These are the key findings of the quarterly ZEW survey among real estate market experts concerning the real estate financing market in Germany. 38 experts participated in the survey in January and February 2014. Read more: http://www.zew.de/news2582 2. CALL FOR PAPERS 2.1. 2014 MaCCI Law and Economics Conference (November 6-7, 2014): The Centre for European Economic Research (ZEW) and the Mannheim Centre for Competition and Innovation (MaCCI) are pleased to announce the 2014 MaCCI Law and Economics Conference on November 6 and 7. The objective of the conference is to assess the role of financial regulation in the competition between financial services providers in the aftermath of the financial crisis. We welcome submissions with a legal and/or economic perspective on financial regulation and competition. Full papers as well as extended abstracts may be submitted. Please submit papers to the organising committee's e-mail address financialregulationmacci at gmail.com as doc or pdf file no later than July 4, 2014. We particularly invite young researchers to submit proposals. Additional information and Call for Papers: http://www.zew.de/event1902 3. STAFF 3.1. Visiting Researchers Professor Francis Greene, PhD, Visiting Researcher at ZEW: Prof. Francis Greene, PhD, was visiting researcher at ZEW's Research Department "Industrial Economics and International Management" from March 5 to 7, 2014. He is Professor of Small Business and Entrepreneurship at the University of Birmingham in the UK. His research interests are in the areas of firm start-ups and firm dynamics of small and young businesses. During his stay at ZEW, he collaborated with ZEW researchers on the topics of closure of young firms and restarter learning effects. Additional information on Prof. Francis Greene: http://www.birmingham.ac.uk/schools/business/staff/profile.aspx?ReferenceId=34416&Name=professor-francis-greene Antonio Di Paolo, PhD, Visiting Researcher at ZEW: Antonio Di Paolo, PhD, was a visiting researcher at ZEW's Research Department "Labour Markets, Human Resources and Social Policy" from February 24 to March 14, 2014. He is visiting professor at the Department of Econometrics of the Universitat de Barcelona in Spain. His research interests are education and labour economics with special focus on intergenerational mobility in education, language knowledge and returns to language skills, as well as skill mismatch. During his stay, he collaborated with ZEW researchers on a joint project about the relationship between educational mismatch and employment dynamics along the business cycle. Additional information on Antonia Di Paolo, PhD: https://sites.google.com/site/antoniodipaoloweb Dr. Ling Yang Visiting Researcher at ZEW: Dr. Ling Yang is visiting researcher at ZEW's Research Department "Environmental and Resource Economics, Environmental Management" on a one-year scholarship from the Alexander von Humboldt Foundation beginning in March 2014. Dr. Ling Yang is assistant professor at the Xi'an Jiatong University in China. During her stay at ZEW, she will collaborate closely with Prof. Andreas Loeschel on the regional effects of carbon abatement in China. Additional information on Dr. Ling Yang: http://www.humboldt-foundation.de/pls/web/pub_hn_query.humboldtianer_details?p_lang=en&p_externe_id=7000272424 4. PRESS RELEASES 20.03.2014 - ZEW (zil/kbo) ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Move Sidewards: In March 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) have remained roughly unchanged. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has declined marginally by 0.9 points to a level of 8.1 points. Read more: http://www.zew.de/press2598 19.03.2014 - ZEW (lja/kbo) ZEW-CS Financial Market Test Switzerland - Economic Expectations Decrease for the Third Consecutive Month: In March 2014 economic expectations for Switzerland have decreased by 9.7 points reaching a level of 19.0 points. This is the third decline of the ZEW-CS Indicator in a row. Thereby, economic expectations for Switzerland have lost more than 17 points in the first quarter of 2014. The ZEW-CS Indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon. It is calculated monthly by the Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS). Read more: http://www.zew.de/press2595 18.03.2014 - ZEW (fmo/jri/kbo) ZEW Indicator of Economic Sentiment - Economic Expectations Burdened by Crimea Crisis: Economic Expectations for Germany have worsened in March 2014. The ZEW Indicator of Economic Sentiment has decreased by 9.1 points and now stands at a level of 46.6 points (historical average: 24.6 points). "In this month's survey the Crimea Crisis is weighing on experts' economic expectations for Germany. Nevertheless, the indicator's level suggests that the economic upswing is currently not at risk", says ZEW President Prof. Dr. Clemens Fuest. Read more: http://www.zew.de/press2592 17.03.2014 - ZEW/Prog Trans (mac/ggr) ZEW/Progtrans-TransportmarktBarometer - Increasing Transport Volumes and Inconsistent Price Development: In the coming six months, the volume of transport goods in nearly all German transport sectors will grow, and no sector will face transport volumes decreasing below the current level. The price development is rather inconsistent. Some transport sectors expect price increases whereas others foresee slightly lower prices. These are the results of the ProgTrans/ZEW-TransportmarktBarometer (Transport Market Barometer) in the first quarter of 2014. In this quarterly survey, ProgTrans AG in Basel, CH, and the Centre for European Economic Research (ZEW) in Mannheim survey some 250 top executives from the transport and loading industry about their assessment regarding the development of transport markets and prices on a six-month horizon. Read more: http://www.zew.de/press2591 06.03.2014 - ZEW/TNS Infratest (ibe/joh/ggr) Despite Increasing Digitalisation Flexible Working Models Remain Limited to Few Employees: The digitalisation of the working world is progressing at a rapid pace in Germany. The use of mobile devices such as notebooks, tablets and smartphones is making work increasingly independent from the workplace. This development enables firms to retain highly qualified staff by offering flexible job models and working hours that can be adapted to the individual needs of employees. Furthermore, it improves the reconciliation of work and family life - if implemented with a sense of proportion. However, a representative nation-wide business survey conducted by the Centre for European Economic Research (ZEW) suggests that flexible working models are still limited to a rather small group of employees. The survey was conducted within the framework of the Monitoring Digital Economy study carried out by ZEW and TNS Infratest on behalf of the Federal Ministry for Economic Affairs and Energy (BMWi). Read more: http://www.zew.de/press2580 05.03.2014 - ZEW (gla/kbo) China Economic Panel (CEP) by ZEW and Fudan University - Economic Expectations for China Decline Further: In the current survey (February 24 to March 3, 2014) the CEP Indicator of Economic Sentiment for China has worsened by 9.8 points, reaching a value of 10.9 points. The CEP Indicator captures the expectations of financial market experts regarding the economic development in China over the course of the next twelve months. Read more: http://www.zew.de/press2579 5. RECENT PUBLICATIONS IN ENGLISH 5.1. ZEWnews English Edition ZEWnews English Edition January/February 2014 * Energy-Efficient Production Technologies Open Doors for More Climate Protection * Results of the German Innovation Survey * Antitrust Monitoring in the Electricity Sector * Security of Energy Supply in the EU * Basel III - Impact on Real Estate Financing * Question & Answers: A Stronger Emphasis on National Policy * Study on the Share of Growth-Enhancing Expenditures in EU Regional Policy * Opinion Regarding Fairness and Mothers' Pensions Download as PDF file(*) (reference is given at the end of "RECENT PUBLICATIONS"): http://ftp.zew.de/pub/zew-docs/zn/en/zn01022014.pdf 5.2. Financial Market Report Switzerland Financial Market Report Switzerland April 2014 * Clouds on the Economic Horizon * Inflationary Pressure Expected to Rise * Depreciation of CHF More Unlikely * Long-Term Interest Rates Rise * Uncertainties Weighing on Equity Markets * Swiss Export Momentum * Special Question: Long-Term Forecasts Download as PDF file(*): http://www.zew.de/FinancialMarketReportSwitzerland042014.pdf 5.3. Financial Market Report CEE Financial Market Report CEE March 2014 * Economic Expectations for the CEE Region Gradually Decline * Economic Outlook for the CEE Region, Austria, and the Eurozone * Czech Republic, Poland, and Slovakia: Optimistic Economic Outlook * Croatia, Hungary, and Romania: Economic Optimism Prevails * Turkey: Political Instability Blurs Economic Outlook * Special Question: Growth Prospects of the CEE Countries in 2014 Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/fmt_cee/FMTCEE032014.pdf 5.4. ZEW Discussion Papers 14-025 Simon Koesler; Kim Swales; Karen Turner Beyond National Economy-Wide Rebound Effects. An Applied General Equilibrium Analysis Incorporating International Spillover Effects Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14025.pdf 14-024 Martin Hud; Katrin Hussinger The Impact of R&D Subsidies During the Crisis Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14024.pdf 14-023 Dirk Czarnitzki; Bronwyn H. Hall; Hanna Hottenrott Patents as Quality Signals? The Implications for Financing Constraints on R&D Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14023.pdf 14-022 Wolfgang Briglauer; Christian Holzleitner Efficient Contracts for Government Intervention in Promoting Next Generation Communications Networks Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14022.pdf 14-021 Claudia Hermeling; Jan Henrik Klement; Simon Koesler; Jonathan Koehler; Dorothee Klement Sailing Into a Dilemma - An Economic and Legal Analysis of an EU Trading Scheme for Maritime Emissions Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14021.pdf 14-020 Michael Huebler; Andreas Loeschel; Sebastian Voigt Designing an Emissions Trading Scheme for China - An Up-to-Date Climate Policy Assessment Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14020.pdf 14-019 Uwe Scheuering M&A and the Tax Benefits of Debt-Financing Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14019.pdf 14-018 Dirk Czarnitzki; Christoph Grimpe; Maikel Pellens Access to Research Inputs: Open Science Versus the Entrepreneurial University Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14018.pdf IN GERMAN 5.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) ZEW Financial Market Report April 2014 * Crimea Crisis Has a Negative Impact on Business Expectations * ECB: Inflation Expectations * USA: Expectations Plateau at a High Level * Japan: Financial Market Experts' Optimism Decreases * GB: Things Are Still Looking up * Special Question: DAX Still Underrated Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/frep/042014.pdf 5.6. Deutscher Immobilien-Finanzierungsindex(DIFI)-Report (German Real Estate Finance Index Report) DIFI Report First Quarter - 2014 * Real Estate Financing Conditions Remain Favourable * Refinancing: Restrained Evaluation of Real Estate Markets * Special Question: Increased Volume of Financing Expected for 2014 Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/DIFI/DIFI032014.pdf 5.7. Gutachten/Forschungsberichte (Expertises/Research Reports) Bodo Aretz, Melanie Arntz, Holger Bonin, Sebastian Butschek, Annabelle Doerr, Bernd Fitzenberger, Terry Gregory, Nicole Guertzgen, Holger Stichnoth, and Thomas Walter (2014), Vorbereitende Forschung fuer die zweite Evaluationsrunde Mindestloehne (Preliminary Research for the Second Evaluation Round "Minimum Wages"),Federal Ministry of Labour and Social Affairs, Berlin. Additional information and download (in German): http://www.zew.de/publication7391 Joerg Ohnemus and Patrick Schulte (2014), Kennzahlen - Wie Unternehmen ihren Erfolg steuern (Key Figures - How Firms Manage Sucess), Results of a Representative Business Survey, Mannheim. Additional information and download (in German): http://www.zew.de/publication7386 Helmut Fryges, Michaela Niefert, Katrin Ullrich, Martin Murmann, and Juergen Egeln (2013), Export- und Importaktivitaeten junger Unternehmen (Export and Import Business of Young Enterprises), Focus Report of the KfW/ZEW Start-up Panel, Mannheim. Additional information and download (in German): http://www.zew.de/publication7380 Irene Bertschek, Joerg Ohnemus, Daniel Erdsiek, Jan Hogrefe, Marcus Kappler, Simone Kimpeler, Christian Rammer, and Erduana Shala (2014), Monitoring zu ausgewaehlten wirtschaftlichen Eckdaten der Kultur- und Kreativwirtschaft 2012 (2012 Monitoring of Selected Economic Key Data in Cultural and Creative Industries), Federal Ministry for Economic Affairs and Energy, Berlin. Additional information and download (in German): http://www.zew.de/publication7370 Irene Bertschek, Christopher S. Yoo, Fabienne Rasel, and Florian Smuda (2014), Die Netzneutralitaetsdebatte im internationalen Vergleich, Impulsstudie im Rahmen der Studienreihe Netzneutralitaet - Handlungsbedarf und -optionen des Staates (An International Comparison of the Debate on Net Neutrality, Study in the Framework of the Net Neutrality Study Series - Demand and Options for Government Action), edited by Thomas Fetzer, Martin Peitz, and Heike Schweitzer, Federal Ministry for Economic Affairs and Energy, Berlin. Additional information and download (in German): http://www.zew.de/publication7367 Sabine Graumann, Irene Bertschek, Tobias Weber, Joerg Ohnemus, Anselm Speich, Christian Rammer, Thomas Niebel, Patrick Schulte, Michael Weinzierl, Carolin Schneider, Chris Merklein, and Maren Schuster (2014), Monitoring Digitale Wirtschaft 2013. Digitalisierung und neue Arbeitswelten (2013 Digital Economy Monitoring. Digitalisation and New Working Environments), Federal Ministry for Economic Affairs and Energy, Berlin. Additional information and download (in German): http://www.zew.de/publication7366 (*) 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 Collecting Innovation Indicators for Firms in Rural and Urban Areas of Baden-Wuerttemberg 2014-2013 http://www.zew.de/project1403 Collusive Behaviour in European Gasoline Retail Markets - Transparency and Competition http://www.zew.de/project1404 Decreasing Wage Mobility in the Low-Wage Sector - Increasing Genuine State Dependence or Composition Effects? (DFG Follow-up Project) http://www.zew.de/project1400 Effect of Educational Institutions on Medium- and Long-Term Development of Children http://www.zew.de/project1401 Effects of a Statutory Minimum Wage on Fiscal Spending for Social Assistance http://www.zew.de/project1402 Regulation and Investment in New Communications Infrastructure http://www.zew.de/project1405 7. EVENTS 7.1. Public Events 12.05.2014 ZEW Lunch Debates: 2014 Elections to the European Parliament - Economic Policy Challenges for Europe Speaker: Prof. Dr. Clemens Fuest (ZEW) Location of the event: Baden-Wuerttemberg State Representation at the European Union, Rue Belliard 60-62, B-1040 Brussels Additional information: http://www.zew.de/event1944 7.2. Scientific Events 31.03.-04.04.2014 Workshop: 2014 Spring Workshop "Survey Methodology and Modern Microeconometrics" Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1936 10.-11.04.2014 Workshop: Skill Mismatch: Microeconomic Evidence and Macroeconomic Relevance Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1879 24.04.2014 ZEW Research Seminar: Income and Top Income Mobillity Speaker: Rolf Aaberge (Statistics Norway) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1959 28.-29.04.2014 Conference: 2014 ZEW Public Finance Conference - Public Administration and Economic Performance Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1871 30.04.2014 Mannheim Competition Policy Forum: Collusion with Intertemporal Price Dispersion Speaker: Nicolas de Roos (University of Sydney) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1954 05.-06.05.2014 Conference: Third Mannheim Energy Conference Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1905 08.05.2014 ZEW Research Seminar: The Spatial Dimension of Public Performance Benchmarking: Empirical Evidence from Swedish Municipalities Speaker: Dr. Tim Jaekel (German Research Institute for Public Administration Speyer (FOeV)) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1937 15.05.2014 Mannheim Competition Policy Forum: Mergers and Cooperations in Mobile Telephony, Broadband and Cable TV - Convergence of Markets? Speaker: Dr. Markus Wagemann (Federal Cartel Office, Bonn) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1912 15.-16.05.2014 Conference: Fourth SEEK Conference: Public Finance and Income Distribution in Europe Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1877 22.-23.05.2014 Conference: Second International ZEW Conference on the Dynamics of Entrepreneurship (CoDE II) Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1895 26.-28.05.2014 Conference: Third International BIBB/IAB/ZEW Conference on "Changing Tasks - Consequences for Inequality" Location of the event: Institute for Employment Research (IAB), Nuremberg, Germany Additional information: http://www.zew.de/event1840 26.-31.05.2014 Workshop: CISS - Competition and Innovation Summer School Location of the event: Turunc/Marmaris (Turkey) Additional information: http://www.zew.de/event1921 8. JOB OFFERS 28.02.2014 Doctoral Positions in Taxation Research at the Mannheim Graduate School of Economics and Social Sciences For the complete job offer, please visit: http://www.zew.de/career393 ____________________________________________________________________ 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 Chairwoman of the Supervisory Board: Theresia Bauer, MdL, Minister of Science, Research, and the Arts of the State of Baden-Wuerttemberg Executive Directors: Prof. Dr. Clemens Fuest, 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: Vincent von Uechtritz und Steinkirch; Jule Zenker 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!) 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