[ZEW Newsletter English Edition] 2014-08 *zew-newsletter-englishedition at mx-assp2.zew.de* zew-newsletter-englishedition at mx-assp2.zew.de /Thu Aug 28 15:50:33 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. 2014-08 August 28, 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. ZEWnews English Edition 4.2. Financial Market Report Switzerland 4.3. ZEW Discussion Papers 4.4. ZEW Economic Studies 4.5. Expertises/Research Reports IN GERMAN 4.6. ZEW-Finanzmarktreport (ZEW Financial Market Report) 4.7. ZEW Discussion Papers 4.8. ZEW-Dokumentationen (ZEW Documentations) 4.9. Gutachten/Forschungsberichte (Expertises/Research Reports) 5. NEW RESEARCH PROJECTS 6. EVENTS 6.1. Public Events 6.2. Scientific Events _____________________________________________________________________ 1. NEWS 22.08.2014 First Annual MaTax Conference (September 17-18, 2014): The Centre for European Economic Research (ZEW) hosts an international conference on taxation research on September 17 and 18, 2014, launching the new Leibniz ScienceCampus "Mannheim Taxation" (MaTax). Many renowned scholars in the field will present their latest work at the conference. We look forward to a stimulating keynote speech delivered by Professor Joel Slemrod, University of Michigan. The conference will also host the official MaTax opening ceremony, where welcome addresses will be given by the Minister of Science, Research and the Arts of Baden-Wuerttemberg, Theresia Bauer, the President of the Leibniz Association, Professor Matthias Kleiner, as well as representatives of the University of Mannheim and ZEW. The ceremony will end with a panel discussion on recent developments in international taxation. Conference participation for non-members of MaTax is EUR 200 and by personal invitation only; please get in touch with Katharina Finke and Philipp Doerrenberg (matax at zew.de ) for enquiries. Additional information and conference programme: http://www.zew.de/event1999 21.08.2014 Sixth ReCapNet Conference on Real Estate Markets and Capital Markets (October 24-25, 2014): The Leibniz Network "Real Estate Markets and Capital Markets" (ReCapNet) holds its sixth annual conference at the Centre for European Economic Research (ZEW) in Mannheim on October 24 and 25, 2014. The focus of the event is on the growing capital-market orientation of real-estate investors and on the increasing use of indirect real-estate investment vehicles (e.g., REITs) in real estate and capital markets, amongst others in Asia. The ReCapNet Conference provides a platform for discussion among academic researchers and practitioners from real- estate finance and investment. The network offers a limited number of seats for interested non-presenting participants. Online registration is only possible until September 30, 2014. The conference fee is EUR 150 for academic participants and EUR 250 for non-academic participants. It covers conference materials, coffee, lunches, and the conference dinner on October 24. Additional information and online registration: http://www.zew.de/event1888 20.08.2014 New Volume in the ZEW Economic Studies Series Published: Edited by Professor Kai Hueschelrath and Professor Heike Schweitzer, the book "Public and Private Enforcement of Competition Law in Europe", published within the ZEW Economic Studies series, contains a unique collection of articles by lawyers and economists that address a wide range of current topics in the area of competition law enforcement. The ZEW Economic Studies are published in cooperation with Springer. Additional information and link to order page: http://www.zew.de/publication7522 11.08.2014 Current Challenges for Emission Trading Systems - ENTRACTE Policy Session at WCERE 2014 in Istanbul: The ENTRACTE project team organised a successful policy session at the Fifth World Congress of Environmental and Resource Economists (WCERE) in Istanbul on June 30, 2014. The policy session brought together leading scholars from Australia, the United States, the European Union, and China. They discussed the lessons learned during the ENTRACTE project and upcoming challenges in their respective jurisdiction concerning the design, as well as the political embedding of emissions trading schemes. Read the policy session report: http://www.zew.de/news2715 05.08.2014 The MS Wissenschaft Laid at Anchor in Mannheim with ZEW Exhibit: The MS Wissenschaft laid at anchor in Mannheim on the Rhine Promenade at Lindenhof from August 4-7, 2014. The "Information and Communication Technologies" Research Department of the Centre for European Economic Research (ZEW) has contributed an exhibit to the installation on board the former cargo ship. This year's exhibition is dedicated to the digital society and the increasing global integration via digital networks. Read more: http://www.zew.de/news2706 01.08.2014 Questions & Answers - VIPS Makes it Easier for Creditors to Estimate Maximum Losses: VIPS - the Viable Insolvency Procedure for Sovereigns - is a well-defined debt restructuring mechanism proposed by ZEW for the event of government insolvency. Friedrich Heinemann, one of the co-authors of the proposal and head of the Research Department "Corporate Taxation and Public Finance" at ZEW, explains why it can work. Read the complete interview: http://www.zew.de/news2705 2. STAFF 2.1. Visiting Researchers Dr. Toke Aidt Visiting Researcher at ZEW: Dr. Toke Aidt will be a visiting researcher at ZEW's Research Department "Corporate Taxation and Public Finance" from September 2 to 5, 2014. He is Senior Lecturer at the University of Cambridge in England. Furthermore he is co-editor of the "European Journal of Political Economy" and serves on the editorial board of "Public Choice", "Constitutional Political Economy", and "Resource and Energy Economics". His main field of research is political economics. During his stay at ZEW, he will work on a joint paper on clientelism in developing countries and will hold a ZEW Research Seminar entitled "Democratisation Under the Threat of Revolution: Evidence from the Great Reform Act of 1832" on September 4, 2014. Additional information on Dr. Toke Aidt: http://www.econ.cam.ac.uk/people/crsid.html?crsid=tsa23&group=faculty Prof. Michael (Xiaoquan) Zhang Visiting Researcher at ZEW Within SEEK Research Programme: Professor Michael (Xiaoquan) Zhang, PhD, is a visiting researcher at ZEW's Research Department "Information and Communication Technologies" from August 1 to September 2, 2014. He is an Associate Professor at the Information Systems, Business Statistics and Operations Management department at the Hong Kong University of Science and Technology, and is affiliated with the MIT Center for Digital Business. His research interests are the creation, dissemination and processing of information in business and management contexts. During his stay, he works together with ZEW researchers on the SEEK research project "Side Effects of Economic Crises in Europe and Provision of Online Public Goods". Additional information on Michael Zhang: http://www.bm.ust.hk/ismt/staff/zhang.html Prof. Van Anh Vuong Visiting Researcher at ZEW Within SEEK Research Programme: Professor Van Anh Vuong, PhD, was a visiting researcher at ZEW's Research Department "Industrial Economics and International Management" from July 28 to August 1, 2014. She is Assistant Professor for applied microeconomics at the University of Cologne and research associate at the Institute of Energy Economics at the University of Cologne. Her research interests include applied microeconomics and empirical industrial organisation, in particular innovation economics as well as firm entry and exit decisions. During her stay at ZEW, she worked with Professor Mark J. Roberts, PhD, and Dr. Bettina Peters on their joint SEEK project on the estimation of the long-run benefits of firms' investment in innovation and human capital using a structural dynamic model. Further information on Prof. Van Anh Vuong: http://www.ewi.uni-koeln.de/en/institute/team/researchers/van-anh-vuong/ 3. PRESS RELEASES 25.08.2014 - ZEW (hbo/hsh/jpr) German Family Policy Has a Positive Effect on Birth Rates: Without the existing government-funded support for families, the number of births in Germany would be notably smaller. This is the result of a recently published study conducted by the Centre for European Economic Research (ZEW), Forschungszentrum Familienbewusste Personalpolitik (FFP), the Hamburg Institute of International Economics (HWWI), and researchers from the universities of Cologne and Duisburg-Essen. Read more: http://www.zew.de/press2720 14.08.2014 - ZEW (lja/ggr/jpr) ZEW-Erste Group Bank Economic Sentiment - Indicator for Central and Eastern Europe (CEE): In August 2014 economic expectations for Central and Eastern Europe including Turkey (CEE region) decrease. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has lost 16.1 points and now stands at a level of 11.2 points. Economic sentiment for almost all individual CEE countries except Poland has decreased. The largest deterioration of economic expectations in this month's survey is displayed by the indicator for Turkey. It drops by 25.7 points. The decrease of expectations for the country might reflect financial market experts' assessment of increased political uncertainty. Read more: http://www.zew.de/press2712 13.08.2014 - ZEW (lja/ggr/jpr) ZEW-CS Financial Market Test Switzerland - Economic Expectations Almost Unchanged: The economic expectations for Switzerland improve slightly by 2.4 points in August. The ZEW-CS Indicator now stands at a level of 2.5 points. 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), Mannheim, in cooperation with Credit Suisse (CS), Zurich. Read more: http://www.zew.de/press2711 12.08.2014 - ZEW (fmo/jrr/jpr) ZEW Indicator of Economic Sentiment - Economic Expectations Decline Significantly: The ZEW Indicator of Economic Sentiment for Germany declines significantly in August 2014. The respective indicator has lost 18.5 points and now stands at 8.6 points (long-term average: 24.6 points). Decreasing for the eighth consecutive time, the indicator has reached its lowest level since December 2012. The current decline is the strongest since June 2012. expected. Read more: http://www.zew.de/press2709 06.08.2014 - ZEW (ole/kbo) China Economic Panel (CEP) by ZEW and Fudan University (Shanghai) - China's Growth Prospects Stabilise Further: The overall macroeconomic outlook for China remains almost unchanged according to the new results of the China Economic Panel (CEP). The CEP Indicator slightly decreased by 2.3 points in the current survey period (July 16 to July 31, 2014). Standing at a level of 19.1 points, the indicator continues to reflect moderate optimism among financial experts regarding the economic development in the world's second- largest economy over the course of the next twelve months. Read more: http://www.zew.de/press2707 4. RECENT PUBLICATIONS IN ENGLISH 4.1. ZEWnews English Edition July/August ZEWnews English Edition * Some Government Redistribution Measures Shown to Reduce Income Inequality * Deployment of Fibre Optic Networks: Making Public Subsidies more Efficient * Households Insured Against Flooding Take more Precautionary Measures * The Costs of China's New Climate Policy * VIPS - Proposal for a Viable Insolvency Procedure for States in the Eurozone * Q&A: The VIPS Proposal from ZEW - VIPS Makes it Easier for Creditors to Estimate Maximum Losses * China: A World Leader in Technology - Wishful Thinking or Reality? * Opinion Regarding the Need to Reform Germany's Inheritance Tax Download as PDF file(*) (reference is given at the end of "RECENT PUBLICATIONS"): http://ftp.zew.de/pub/zew-docs/zn/en/zn07082014.pdf 4.2. Financial Market Report Switzerland Financial Market Report Switzerland September 2014 * Balanced Economic Expectations * Long-Term Interest Rates Expected to Rise * Inflation Expectations Still Volatile * Further Dollar Strength to Come? * Swiss Equities Seem to Be Favored by Analysts * Special Question: Valuation of Financial Assets * Special Question: Fair Value of EUR/CHF Seen Between 1.20 and 1.30 Download as PDF file(*): http://www.zew.de/FinancialMarketReportSwitzerland092014.pdf 4.3. ZEW Discussion Papers 14-054 Jens Mohrenweiser; Friedhelm Pfeiffer Coaching Disadvantaged Young People: Evidence from Firm Level Data Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp14054.pdf 14-053 Clemens Fuest; Friedrich Heinemann; and Christoph Schroeder A Viable Insolvency Procedure for Sovereigns (VIPS) in the Euro Area Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp14053.pdf 14-052 Jens Mohrenweiser; Thomas Zwick Youth Unemployment After Apprenticeship Training and Individual, Occupation and Training Employer Characteristics Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp14052.pdf 14-051 Luigi Grossi; Sven Heim; Michael Waterson A Vision of the European Energy Future? The Impact of the German Response to the Fukushima Earthquake Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp14051.pdf 14-050 Melanie Arntz; Terry Gregory What Old Stagers Could Teach Us - Examining Age Complementarities in Regional Innovation Systems Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp14050.pdf 14-049 Dirk Crass; Georg Licht; Bettina Peters Intangible Assets and Investments at the Sector Level - Empirical Evidence for Germany Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp14049.pdf 14-047 Maria Theresia Evers; Katharina Finke; Sebastian Matenaer; Ina Meier; Benedikt Zinn Evidence on Book-tax Differences and Disclosure Quality Based on the Notes to the Financial Statements Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp14047.pdf 4.4. ZEW Economic Studies Volume 48 Kai Hueschelrath and Heike Schweitzer Public and Private Enforcement of Competition Law in Europe Additional information and link to order page: http://www.zew.de/publication7522 4.5. Expertises/Research Reports Holger Bonin, Maresa Sprietsma, and Francesco Berlingieri (2014), Youth Unemployment in Europe - Appraisal and Policy Options, Mannheim. Additional information and download: http://www.zew.de/publication7520 IN GERMAN 4.6. ZEW Finanzmarktreport (ZEW Financial Market Report) ZEW Financial Market Report September 2014 * Economic Expectations Decline Significantly * ECB: Slightly Subdued Inflation Expectations * USA: Economic Situation Improves Significantly * Japan: Uncertainty Dampens Economic Expectations * Great Britain: Economic Sentiment Indicator Stagnates * Special Question: August 2014 - Inflation and Monetary Policy Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/frep/092014.pdf 4.7. ZEW Discussion Papers 14-046 Wolfram Scheffler; Melanie Koestler Vorteile einer GKB/GUB ausserhalb der Gewinnermittlung - Eine Analyse aus Sicht des deutschen Steuerrechts (Advantages of a CCTB/CBTB Beyond the Calculation of Taxable Profits - An Analysis from the Point of View of German Tax Law) Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/dp/dp14046.pdf 14-045 Wolfram Scheffler; Melanie Koestler Harmonisierung der Gewinnermittlung in der EU - Analyse der Uebergangsregelungen bei Einfuehrung einer Gemeinsamen Koerperschaftsteuer-Bemessungsgrundlage (Harmonisation of Taxable Profit Calculation within the EU - Rules Established by the Common Corporate Tax Base (CCTB)) Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/dp/dp14045.pdf 14-044 Wolfram Scheffler; Melanie Koestler Harmonisierung der Gewinnermittlung in der EU - Die Gewinnermittlungsregeln der Gemeinsamen Koerperschaftsteuer-Bemessungsgrundlage (GKB) (Harmonisation of Taxable Profit Calculation Within the EU - Analysis of the Transitional Measures for the Implementation of a Common Corporate Tax Base) Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/dp/dp14044.pdf 4.8. ZEW Dokumentationen (ZEW Documentations) 14-02 Irene Bertschek, Thomas Niebel, Joerg Ohnemus, Fabienne Rasel, Marianne Saam, Patrick Schulte, Katrin Schleife, Andreas Stiehler, Tobias Orthwein, Armin Heinzl, and Marko Noehren Produktivitaet IT-basierter Dienstleistungen - Wie kann man sie messen und steuern? (How Can the Productivity of IT-Based Services Be Measured and Regulated) Download as PDF file (in German): http://ftp.zew.de/pub/zew-docs/docus/dokumentation1402.pdf 4.9. Gutachten/Forschungsberichte (Expertises/Research Reports) Christian Rammer and Birgit Gehrke (2014), Innovationsindikatoren Chemie 2014, (Innovation Performance of Chemistry & Chemical Industry in Germany) Verband der Chemischen Industrie e.V., Mannheim and Hannover. Additional information and download: http://www.zew.de/publication7533 Raphael Abiry, Christina Boll, Holger Bonin, Irene Gerlach, Karsten Hank, Inga Lass, Marc-Andre Nehrkorn-Ludwig, Nora Reich, Karsten Reuss, Reinhold Schnabel, Holger Stichnoth, and Christina B. Wilke (2014), Evaluation der Wirkung ehe- und familienbezogener Leistungen auf die Geburtenrate/Erfuellung von Kinderwuenschen (Impact Assessment of German Family Policy Regarding Fertility Targets), Prognos AG for the Federal Ministry of Finance and the Federal Ministry of Family Affairs, Senior Citizens, Women and Youth, Mannheim. Additional information and download: http://www.zew.de/publication7530 Christian Rammer, Birgit Aschhoff, Dirk Crass, Thorsten Doherr, Martin Hud, Christian Koehler, Bettina Peters, Torben Schubert, and Franz Schwiebacher (2014), Innovationsverhalten der deutschen Wirtschaft - Indikatorenbericht zur Innovationserhebung 2013 (Innovation Activities in the German Economy: Innovation Indicators from the Innovation Survey 2013), Federal Ministry of Education and Research, Mannheim. Additional information and download: http://www.zew.de/publication7527 (*) 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 Automatic Stabilisers in the Eurozone: Analysis of their Effectiveness at the Member State and Euro Area Level and in International Comparison http://www.zew.de/project1435 Disadvantaged Youth in the German Labour Market http://www.zew.de/project1430 Economics of Climate Change: Energy Resources and Climate Friendly Energy Supply, Accompanying Research, Transdisciplinary Research http://www.zew.de/project1432 Effects of the Public Financing of Science and Research in Baden-Wuerttemberg on the Federal State's Economic Development http://www.zew.de/project1428 Employment Effects of Environmental Regulation: The German Electricity Tax http://www.zew.de/project1427 Global Developments of Tax Structures: Consequences for the Size and the Distribution of Tax Burdens as a Function of Business Characteristics and Special Regimes of SME Taxation http://www.zew.de/project1425 Political Imprisonment in the GDR and its Consequences for Labour Market and Health Outcomes http://www.zew.de/project1429 Practices and Effects of Insolvency Procedures - An Empirical Analysis of the Economic Impacts of the Insolvency Reforms in Germany http://www.zew.de/project1426 Research and Innovation Indicators at the Regional Level: Comparing Switzerland with Selected Regions http://www.zew.de/project1434 Tax Incidence and Behavioural Effects of Taxation http://www.zew.de/project1424 The Case-Law of the European Court of Justice (ECJ) in the Area of Direct Taxation - An Interdisciplinary (Political, Legal, and Economic) Analysis http://www.zew.de/project1423 6. EVENTS 6.1. Public Events 25.09.2014 ZEW Lunch Debates: Are the Fiscal Responses to the Crisis Increasing Income Inequality and Wealth Disparity? Speaker: Prof. Dr. Andreas Peichl (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/event1934 6.2. Scientific Events 04.09.2014 ZEW Research Seminar: Democratisation Under the Threat of Revolution: Evidence from the Great Reform Act of 1832 Speaker: Dr. Toke Aidt (University of Cambridge) Location of the event: ZEW Mannheim Additional information and contact: http://www.zew.de/event2006 10.09.2014 SEEK Workshop: Legal and Illegal Cartels Location of the event: Bruegel, Rue de la Charite 33, B-1210 Brussels Additional information and contact: http://www.zew.de/event1994 11.09.2014 ZEW Lectures on Economic Policy: Tax Reform, Labour Supply and Earnings Growth Speaker: Prof. Sir Richard Blundell (ZEW; Institute for Fiscal Studies; University College London) Location of the event: ZEW, Mannheim Additional information and contact: http://www.zew.de/event1971 17.09.-18.09.2014 Conference: First Annual MaTax Conference Location of the event: ZEW, Mannheim Additional information and contact: http://www.zew.de/event1999 25.09.2014 ZEW Research Seminar: Competition Law Compliance - Can Hard Infringements of Competition Laws be Prevented by Soft Measures? Speaker: Dr. Johannes Paha (Justus-Liebig University Giessen) Location of the event: ZEW, Mannheim Additional information and contact: http://www.zew.de/event2004 02.10.2014 ZEW Lectures on Economic Policy: Estimating the Size of the Shadow Economy: Methods, Problems, and Open Questions Speaker: Prof. Dr. Dr. h.c. Friedrich Schneider (Johannes Kepler University Linz) Location of the event: ZEW, Mannheim Additional information and contact: http://www.zew.de/event1973 16.10.2014 ZEW Lectures on Economic Policy: Is the Eurocrisis Over? Speaker: Prof. Paul de Grauwe (K.U. Leuven) Location of the event: ZEW, Mannheim Additional information and contact: http://www.zew.de/event2002 24.-25.10.2014 Conference: Sixth ReCapNet Conference - Real Estate Markets and Capital Markets Location of the event: ZEW, Mannheim Additional information and contact: http://www.zew.de/event1888 30.10.2014 Mannheim Competition Policy Forum: Freedom of Media Under Restraints of European Competition Law and Policy Speaker: Prof. Dr. K. Peter Mailaender, M.C.J. (N.Y.U.) (Haver & Mailaender, Stuttgart) Location of the event: ZEW, Mannheim Additional information and contact: http://www.zew.de/event1915 ____________________________________________________________________ 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: Janine Haubenreisser; 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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