ZEW Discussion Papers

The growing importance of technology relevant non-publication output of university research has come into the focus of policy-makers’ interest. A fierce debate arose on possible negative consequences of the…

This paper analyzes the effect of environmental regulation on stock returns (as a measure of economic performance) for German energy corporations. By using event study methodology, we consider the last minute…

Normalising CES production functions in the calibration of basic dynamic models allows to choose technology parameters in an economically plausible way. When variations in the elasticity of substitution are…

Seit zwei Jahren stehen der Wissenschaft mit der IEB und anderen Prozessdaten des IAB umfangreiche Individualdaten mit höheren Beobachtungszahlen und einer genauen Abbildung der zeitlichen Abläufe zur…

We present a combined, consistent microsimulation-AGE model that uses the labour market model PACE-L, data from the German Socio-Economic Panel and a discrete choice labour supply estimation. The model is used…

This paper investigates tax planning behavior by means of inter-company finance and the effectiveness of fighting back via thin-capitalization rules. A simple theoretical model, which considers the financing…

Sustainability indices for countries provide a one-dimensional metric to valuate country-specific information on the three dimensions of sustainable development: economic, environmental, and social conditions.…

This paper investigates the quality of information on tax planning performance which is provided by financial accounting based on IAS 12 (Income taxes). A simple theoretical investment model is used to show that…