ZEW Discussion Papers

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Mit diesen Beiträgen, die überwiegend in Englisch verfasst sind, beteiligen sich die Forscher/innen des ZEW an wissenschaftlichen Fachdebatten. Die Publikationen enthalten vorläufige Beiträge, die zur Veröffentlichung in Fachzeitschriften vorgesehen sind. Die Discussion Papers können ab 1.1.1998 als pdf-Datei abgerufen werden. Sie richten sich an nationale und internationale Zielgruppen.

  1. ZEW Discussion Paper Nr. 16-023 // 2016

    Ecological Sufficiency, Individual Liberties, and Distributive Justice: Implications for Policy Making

    We investigate the prospects of voluntary ecological sufficiency for environmental and climate policy under the constraints implied by political liberalism. We find that freedom of choice restricts sufficiency…

  2. ZEW Discussion Paper Nr. 16-021 // 2016

    Philanthropy in a Secular Society

    In this study we investigate the relationship between religious and charitable giving. We test how income, the tax-price of giving and the German church tax, differently affect charitable donations of church…

  3. ZEW Discussion Paper Nr. 16-020 // 2016

    Imputation Rules for the Implementation of the Pre-Unication Education Variable in the BASiD Data Set

    Using combined data from the German Pension Insurance and the Federal Employment Agency (BASiD), this study proposes different procedures for imputing the pre-unification education variable in the BASiD data. To…

  4. ZEW Discussion Paper Nr. 16-019 // 2016

    Lender of Last Resort versus Buyer of Last Resort – The Impact of the European Central Bank Actions on the Bank-Sovereign Nexus

    In summer 2011, elevated sovereign risk in Eurozone peripheral countries increased the solvency risk of Eurozone banks, precipitating a run on their short-term debt. We assess the effectiveness of different…

  5. ZEW Discussion Paper Nr. 16-018 // 2016

    Mind the Gap: The Difference Between U.S. and European Loan Rates

    We analyze differences in the pricing of syndicated loans between U.S. and European loans. For credit lines, U.S. borrowers pay significantly higher spreads, but also lower fees, resulting in similar total costs…

  6. ZEW Discussion Paper Nr. 16-017 // 2016

    The Total Costs of Corporate Borrowing in the Loan Market: Don’t Ignore the Fees

    More than 80% of US syndicated loans contain at least one fee type and contracts typically specify a menu of spread and different types of fees. We test the predictions of existing theories about the main…

  7. ZEW Discussion Paper Nr. 16-016 // 2016

    Quasi-Experimental Evidence on the Effects of Mother Tongue-Based Education on Reading Skills and Early Labour Market Outcomes

    Prior to the introduction of mother tongue based education in 1994, the language of instruction for most subjects in Ethiopia's primary schools was the official language (Amharic) - the mother tongue of only one…

  8. ZEW Discussion Paper Nr. 16-015 // 2016

    Corporate Taxation and Location of Intangible Assets: Patents vs. Trademarks

    Numerous empirical studies have analysed the influence of corporate taxation on the location of intangible assets within a company group. However, the previous literature has rather focused on studying the…

  9. ZEW Discussion Paper Nr. 16-014 // 2016

    Attenuation Bias when Measuring Inventive Performance

    Most previous results on determinants of inventive performance are biased because inventive performance is measured with error. This measurement error causes attenuation bias. More specifically, for example…

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