ZEW Discussion Papers

Überblick

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. 03-20 // 2003

    Do Computers Call for Training? Firm-level Evidence on Complementarities Between ICT and Human Capital Investments

    This paper explores whether investments in information and communication technologies (ICT) and firm–sponsored training programmes are complementary. Three approaches are applied to panel data from German…

  2. ZEW Discussion Paper Nr. 03-19 // 2003

    A Comparison Between the Fed and the ECB: Taylor Rules

    This paper analyzes whether Taylor-type policy rules can be used to describe the behavior of the Federal Reserve and the European Central Bank from the beginning of 1999 until mid 2002. Since there was no…

  3. ZEW Discussion Paper Nr. 03-18 // 2003

    A Test of the ‘Krugman Hypothesis’ for the United States, Britain, and Western Germany

    Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession…

  4. ZEW Discussion Paper Nr. 03-17 // 2003

    Mutual Recognition of National Minimum Quality Standards may Support International Convergence

    In a model of vertical product differentiation, duopolistic firms face qualitydependent costs and compete in quality and price in two segmented markets. Minimum quality standards, set according to the principle…

  5. ZEW Discussion Paper Nr. 03-16 // 2003

    Poverty Alleviation and the Degree of Centralisation in European Schemes of Social Assistance

    In this paper, the relationship between the degree of centralisation and the distributive outcomes in European schemes of social assistance is investigated. For this purpose, a scheme of classification…

  6. ZEW Discussion Paper Nr. 03-14 // 2003

    The Influence of the EU Environmental Management and Auditing Scheme on Environmental Innovations and Competitiveness in Germany: An Analysis on the Basis of Case Studies and a Large-Scale Survey

    This paper investigates the effects of the EU Environmental Management and Auditing Scheme (EMAS) on environmental innovations and competitiveness in German facilities. It comprises twelve in-depth case…

  7. ZEW Discussion Paper Nr. 03-13 // 2003

    Local Determinants of Crime: Distinguishing Between Resident and Non-resident Offenders

    The paper revisits the local determinants of crime using a spatial model distinguishing between resident and non-resident offenders. Employing data for German municipalities, the model is estimated by means of…

  8. ZEW Discussion Paper Nr. 03-12 // 2003

    The Decision of Venture Capitalists on Timing and Extent of IPOs

    We analyze the venture capitalist's decision on the timing of the IPO, the offer price and the fraction of shares he sells in the course of the IPO. A venture capitalist may decide to take a company public or…

  9. ZEW Discussion Paper Nr. 03-11 // 2003

    Systemic Risk in European Banking - Evidence from Bivariate GARCH Models

    This paper attempts to assess the Europe-wide systemic risk in banking. We employ a bivariate GARCH model to estimate conditional correlations between European bank stock indices. These correlations are used…

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