[ZEW Newsletter English Edition] 2014-05 *zew-newsletter-englishedition at mx-assp2.zew.de* zew-newsletter-englishedition at mx-assp2.zew.de /Wed May 28 14:54:27 MEST 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. 2014-05 May 29, 2014 (Yvonne Braeutigam, newsletter-en at zew.de ) http://www.zew.eu _____________________________________________________________________ _____________________________________________________________________ Content 1. NEWS 2. STAFF 2.1. Visiting Researchers 3. PRESS RELEASES 4. RECENT PUBLICATIONS IN ENGLISH 4.1 Financial Market Report Switzerland 4.2. ZEW Discussion Papers 4.3. Expertises/Research Reports IN GERMAN 4.4. ZEWnews German Edition 4.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) 4.6. Gutachten/Forschungsberichte (Expertises/Research Reports) 5. NEW RESEARCH PROJECTS 6. EVENTS 6.1. Public Events 6.2. Scientific Events 7. JOB OFFERS _____________________________________________________________________ 1. NEWS 27.05.2014 Second International ZEW Conference on the Dynamics of Entrepreneurship: On May 22 and 23, 2014, the Centre for European Economic Research (ZEW) together with the Mannheim Centre for Competition and Innovation (MACCI) and the Institute for Small Business Research (Institut fuer Mittelstandsforschung, ifm) of the University of Mannheim hosted the second International Conference on the Dynamics of Entrepreneurship (CODE II). About 70 participants discussed recent topics in entrepreneurship research. Read more: http://www.zew.de/news2652 15.05.2014 Fourth SEEK Annual Conference "Public Finance and Income Distribution in Europe" at ZEW: How can EU member states achieve fiscal consolidation without putting at risk economic growth and social inclusion? How could a regulatory framework for the European fiscal union look like, and what is to be done to prevent growing income and wealth inequality in Europe? The fourth Annual Conference of the SEEK (Strengthening Efficiency and Competitiveness in the European Knowledge Economies) research programme at ZEW addressed these questions on May 15-16. To view the video of the fourth SEEK Annual Conference (in German), go to: http://www.zew.de/news2648 13.05.2014 ZEW Lunch Debate in Brussels - Key Policy Areas after the Elections to the European Parliament: Some 130 invited guests attended the ZEW Lunch Debate in Brussels on May 12, 2014. Against the backdrop of the upcoming elections to the European Parliament, Prof. Clemens Fuest, President of the Centre for European Economic Research (ZEW), presented a paper on future key areas of European economic policy. ZEW recommends that the European Parliament and the European Commission focus on these priority areas to make better use of untapped potentials in the European Union. Read more: http://www.zew.de/news2649 09.05.2014 ZEW President Clemens Fuest on "It Certainly Could Be a Bit More!": "Bracket creep" is one of those dry topics that might well be of interest only to tax experts and economists. It refers to the increased tax burden that results when tax rates are not adjusted to reflect inflation or GDP growth. In Germany, this issue is hotly debated as of late. Indeed, bracket creep (or, in German, kalte Progression) has become a catchword for broad tax relief proposals that impact every taxpayer. Yet is the call for lower taxes to compensate for bracket creep justified? Read more: http://www.zew.de/news2643 09.05.2014 Q&A: Innovation in Germany - In Germany, Large Businesses Innovate Most: Each year, the German economy spends more money on innovation than it did in the preceding twelve months. But most of that money stems from large enterprises with more than 500 employees. ZEW economist Christian Rammer explains why this is so and its effects on competiveness. Read more: http://www.zew.de/news2644 06.05.2014 Third Mannheim Energy Conference on Sustainable Energy Markets: On May 5 and 6, 2014, ZEW hosted the third Mannheim Energy Conference. The event was organised in collaboration with the Mannheim Centre for Competition and Innovation (MaCCI). Some 90 international participants attended the conference. Read more: http://www.zew.de/news2637 02.05.2014 Wolfgang Franz Discusses Current Economic Policy with Students: A group of 14 students from the Bergstrasse Gymnasium in Hemsbach and their teacher visited the Centre for European Economic Research (ZEW) in Mannheim on April 28, 2014, where they discussed current economic policy topics with former ZEW President Professor Wolfgang Franz. Read more: http://www.zew.de/news2650 2. STAFF 2.1. Visiting Researchers Dr. Nicolas de Roos Visiting Researcher at ZEW: Dr. Nicolas de Roos was visiting researcher with ZEW's Research Group "Competition and Regulation" from April 29 to May 2, 2014. He is senior lecturer with the School of Economics at the University of Sydney in Australia. His research interests are in the areas of applied microeconomic theory, dynamic models, and industrial organisation. During his stay, he held a lecture titled "Collusion with Intertemporal Price Dispersion" at the Mannheim Competition Policy Forum. Moreover, Nicolas de Roos and ZEW researchers explored options for future co-operation. Additional information on Dr. Nicolas de Roos: http://sydney.edu.au/arts/economics/staff/profiles/nicolas.deroos.php 3. PRESS RELEASES 15.05.2014 - ZEW (zil/kbo) ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Expectations Decreased: In May 2014 the economic expectations for Central and Eastern Europe including Turkey (CEE region) slightly decreased by 6.1 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region now stands at a level of 26.0 points. Among the individual countries, Croatia showed the highest decrease. The respective indicator dropped by 10.2 points. In contrast, the indicator of economic expectations for Turkey has further improved this month with the respective indicator gaining 18.3 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts' expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Centre for European Economic Research (ZEW) in Mannheim with the support of Erste Group Bank, Vienna, since 2007. Read more: http://www.zew.de/press2647 14.05.2014 - ZEW (lja/kbo) ZEW-CS Financial Market Test Switzerland - Switzerland's Economic Outlook Remains Stable: Gaining a modest increase of 0.4 points, economic expectations for Switzerland stay almost unchanged in May 2014. The ZEW-CS Indicator's reading of 7.4 points suggests a stable economic development in Switzerland in the next six months. 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/press2638 14.05.2014 - ZEW (fhe/jpr) Measuring Resistance to Reform in EU Member States: Lack of Trust in Policy-Makers Blocks Reforms in Southern Europe: The resistance in Southern EU Member States against necessary reforms largely stems from three factors: shattered trust in the countries' policy-makers and governments, an ageing population, and insufficient protection against poverty by the existing welfare systems. These are the findings of an in-depth analysis of the situation in Greece, Spain, Portugal, Italy and 13 other EU Member States conducted by the Centre for European Economic Research (ZEW). Read more: http://www.zew.de/press2640 13.05.2014 - ZEW (fmo/jri/kbo) ZEW Indicator of Economic Sentiment - Economic Expectations Decline: Economic expectations for Germany have worsened in May 2014. The ZEW Indicator of Economic Sentiment has decreased by 10.1 points and now stands at a level of 33.1 points (historical average: 24.7 points). "The decline of the experts' economic expectations for Germany should be seen against the backdrop of a strong economic development in the first quarter of 2014. The signs are that Germany will not be able to maintain this fast pace of growth. Nevertheless, one can assume a positive basic trend for the economic development in 2014," says ZEW President Prof. Dr. Clemens Fuest. Read more: http://www.zew.de/press2635 12.05.2014 - ZEW (cfu/ggr) ZEW Paper on the 2014 European Elections - Identifying and Exploiting Europe's Potential: The 2014 elections to the European Parliament take place at a time when Europe is facing considerable economic challenges. Doubts have been voiced about Europe's capability to cope with these challenges. Against this backdrop, the president of the Centre for European Economic Research (ZEW), Prof. Clemens Fuest, urges to identify and exploit the potential for growth that European integration offers. At the presentation of a ZEW paper in Brussels that identifies key policy areas for the EU in the coming years, Fuest said: "Europe urgently needs to achieve a sustainable economic recovery as well as a stringent concept for the future distribution of tasks between the European and national level." Read more: http://www.zew.de/press2633 09.05.2014 - ZEW (ole/kbo) China Economic Panel (CEP) by ZEW and Fudan University (Shanghai) - Economic Expectations for China Show Signs of Improvement: After four consecutive drops, the CEP Indicator of Economic Sentiment for China slightly improved by 2.8 points in its current survey period (April 14 to May 7, 2014), reaching a new value of 10.5 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/press2631 06.05.2014 - ZEW (ibe/ybr) ZEW's Digital Voyage on Board MS Wissenschaft: The widespread use of short messaging services, online banking, uncountable smart phone apps, data glasses and smart computers in hospital operating rooms all confirm that the digital age has permeated all spheres of modern life. The exhibition focuses on the significant role of science and research in this development. The Federal Ministry of Education and Research (BMBF) sent the MS Wissenschaft on her mission. This year, ZEW's contribution to the MS Wissenschaft is the computer program "Social Media & Co. - Alles wirklich kostenlos?" (Social Media & Co. - Truly free of charge?). The software was developed by the institute's "Information and Communication Technologies" Research Department. Read more: http://www.zew.de/press2625 06.05.2014 - ZEW (fpo/jpr) China's Monopoly on Rare Earth Market in Decline: China will lose its monopoly position on the rare-earth market by the end of this decade. New suppliers will enter the market and weaken China's monopoly. The current Chinese mark-up on global rare-earth prices will practically disappear. The world-market price for light rare earths will drop substantially in the coming three years; with regard to heavy rare earths, China will be able to maintain its monopoly position until the end of the decade. These are the findings of a study conducted by the Centre for European Economic Research (ZEW) on the basis of METRO, a newly developed model of the metal market. Read more: http://www.zew.de/press2630 30.04.2014 - ZEW (csc/kbo) Financial Crisis May Cause Permanent Retreat of German Banks from Areas of International Business: International activities of German banks have slumped since the outbreak of the financial crisis: from 2008 to 2009 alone, the international assets of large German banks dropped by 20 per cent. >/From 2002 until 2007, international assets had been growing by eight /per cent per year. This development can be put down to political interventions in the German banking sector, a changing international regulatory environment as well as to a shift in the risk perception and risk appetite among banks. In some areas, the retreat of German banks from international operations could be permanent. These are the findings of a current survey conducted by the Centre for European Economic Research (ZEW) in cooperation with the Halle Institute for Economic Research and the Institute for Applied Economic Research, Tuebingen. Read more: http://www.zew.de/press2624 4. RECENT PUBLICATIONS IN ENGLISH 4.1. Financial Market Report Switzerland Financial Market Report Switzerland June 2014 * Switzerland's Economic Outlook Remains Stable Despite Temporary Setback * Inflation Pressure Recedes into the Distance * Stable Swiss Franc Against the Euro * Interest Rate Expectations Practically Unchanged * Stable Stock Market Expectations * Dimmed Outlook for Swiss Exports * Special Question: Asset Class Valuations * Special Question: Fair Value of EUR/CHF Exchange Rate Download as PDF file(*): http://www.zew.de/FinancialMarketReportSwitzerland062014.pdf 4.2. ZEW Discussion Papers 14-036 Sascha Rexhaeuser; Andreas Loeschel Invention in Energy Technologies: Comparing Energy Efficiency and Renewable Energy Inventions at the Firm Level Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14036.pdf 14-035 Claudia Hitaj; Michael Schymura; Andreas Loeschel The Impact of a Feed-In Tariff on Wind Power Development in Germany Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14035.pdf 14-034 Friedrich Heinemann; Eckhard Janeba; Christoph Schroeder; Frank Streif Fiscal Rules and Compliance Expectations - Evidence for the German Debt Brake Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14034.pdf 14-033 Katharina Finke; Jost H. Heckemeyer; Christoph Spengel Assessing the Impact of Introducing an ACE Regime - A Behavioural Corporate Microsimulation Analysis for Germany Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14033.pdf 14-032 Daniel Osberghaus The Determinants of Private Flood Mitigation Measures in Germany - Evidence from a Nationwide Survey Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14032.pdf 14-031 Martin Kesternich; Andreas Loeschel; Andreas Ziegler Negotiating Weights for Burden Sharing Rules Among Heterogeneous Parties: Empirical Evidence from a Survey Among Delegates in International Climate Negotiations Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14031.pdf 14-030 Frank Pothen; Michael Schymura Bigger Cakes with Less Ingredients? A Comparison of Material Use of the World Economy Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14030.pdf 14-029 Alina Botezat; Friedhelm Pfeiffer The Impact of Parents Migration on the Well-Being of Children Left Behind - Initial Evidence from Romania Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14029.pdf 14-028 Miruna Sarbu Determinants of Flexible Work Arrangements Download as PDF file(*): http://ftp.zew.de/pub/zew-docs/dp/dp14028.pdf 4.3. Expertises/Research Reports Holger Bonin, Clemens Fuest, Friedrich Heinemann, Georg Licht, Andreas Loeschel, Oliver Schenker und Michael Schroeder (2014), 2014 Elections to the European Parliament: Economic Challenges for Europe, Mannheim. Additional information and download: http://www.zew.de/publication7452 IN GERMAN 4.4. ZEWnews German Edition The May 2014 ZEWnews German Edition contains the following articles: * Expert Commission: Mixed Interim Results Concerning the Progress in Implementing the Energy Transition * Positive Development of Cultural and Creative Industries in Germany * Strengthening the Rights of Victims of Antitrust Law Infringements in Europe * Municipalities with more Direct-Democratic Activities are more Efficient in Economic Terms * Q&A: Innovation in Germany - In Germany, Large Businesses Innovate Most * Obstacles to Reform in Southern Europe * Second MaCCI Annual Conference at ZEW * International Workshop on the "Energy Efficiency Gap" at ZEW * Opinion: It Certainly Could Be a Bit More! Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/zn/zn0514.pdf 4.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) ZEW Financial Market Report June 2014 * Economic Expectations Decline * ECB: Expectations for Short-Term Interest Rates Decline * USA: Economic Expectations Adjusted Downwards * Japan: Assessment of Economic Situation Has Worsened * Great Britain: Economic Situation Further Improves * Special Question: May 2014 - Inflation and Monetary Policy Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/frep/062014.pdf 4.6. Gutachten/Forschungsberichte (Expertises/Research Reports) Johannes Bersch, Juergen Egeln, David Faustmann, Daniel Hoewer, Bettina Mueller and Martin Murmann (2014), Potentials and Barriers for Start-ups Implementing the Energy Transition (Potenziale und Hemmnisse von Unternehmensgruendungen im Vollzug der Energiewende), Study on behalf of the German Federal Ministry for Economic Affairs and Energy, Mannheim. Additional information and download (in German): http://www.zew.de/publication7449 Bettina Mueller, Christian Rammer, Friso Schlitte, Isabel Suenner and Christina Benita Wilke (2014), 2013 Report on the Situation of the SME Economy in the Free Hanseatic City of Bremen (Bericht ueber die Situation der mittelstaendischen Wirtschaft in der Freien Hansestadt Bremen 2013), Senator for Economic Affairs, Labour and Ports of the Free Hanseatic City of Bremen, Mannheim. Additional information and download (in German): http://www.zew.de/publication7437 Jens Mohrenweiser and Friedhelm Pfeiffer (2014), Research for the Pilot Project M+E-Einstieg - Research Report (Wissenschaftliche Begleitforschung zum Pilotprojekt M+E-Einstieg - Forschungsbericht), Mannheim. Additional information and download (in German): http://www.zew.de/publication7430 (*) Please note: PDF files can be displayed with Adobe Acrobat Reader. The software can be downloaded for free: http://get.adobe.com/uk/reader 5. NEW RESEARCH PROJECTS Challenges and Opportunities Arising from Ubiquitous Working http://www.zew.de/project1420 Contributing to Coral Commons http://www.zew.de/project1418 Individual Behaviour and Climate Protection http://www.zew.de/project1417 The Efficiency of EU Public Administration in Helping Firms Grow http://www.zew.de/project1419 6. EVENTS 6.1. Public Events 30.06.2014 ZEW Lunch Debates: The Architecture of an Adjustable and Stable Euro Area Speaker: PD Dr. Friedrich Heinemann (ZEW) Location of the event: Representation of the State of Baden-Wuerttemberg to the European Union, Rue Belliard 60-62, B-1040 Brussels Additional information and contact: http://www.zew.de/event1932 6.2. Scientific Events 10.-11.06.2014 Workshop SEEK Workshop on European Public Finances Through the Financial Crisis Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1976 16.-17.06.2014 Conference: 12th ZEW Conference on The Economics of Information and Communication Technologies Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1891 23.06-24.06.2014 Conference: Fifth Conference on Recent Developments in Macroeconomics Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/event1900 30.06.-04.07.2014 ZEW Summer Workshop: 16th ZEW Summer Workshop for Young Economists: Advances in Microeconometrics and Programme Evaluation Location of the event: ZEW, Mannheim Additional information: http://www.zew.de/summerworkshop2014 7. JOB OFFERS 13.05.2014 Researcher for the Research Department "Corporate Taxation and Public Finance" For the complete job offer, please visit: http://www.zew.de/en/job-offers/396 ____________________________________________________________________ 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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