ZEW Discussion Papers

Most of the existing empirical literature on the relationship of firm value and knowledge capital is based on the stock market valuation of companies. However, the assets of many firms are not publicly traded,…

Dieser Beitrag zeigt auf Basis einer Befragung von Führungskräften eines internationalen Konzerns, unter welchen Bedingungen eine erfolgsabhängige Vergütung einen positiven Motivationseffekt erzielen kann. …

Differenzierte Verdienststrukturen, wie zum Beispiel qualifikatorische Verdienstunterschiede, tragen der Heterogenität am Arbeitsmarkt und somit auch einer notwendigen Flexibilität der Löhne Rechnung. Trotz…

It is often noted that employment rates of females have been rising during the last decades. However, in contrast to men, women are often part-time employed and the allocation of working time over the…

The official view on ECB monetary policy claims that monetary decisions are based solely on average data for the euro zone and that diverging regional developments are disregarded. However, experience from…

Using information on family background, we estimate returns to education, allowing for the heterogeneity of returns. In order to control for the unobserved heterogeneity shared by family members, we construct…

The system of banking supervision in Europe is undergoing substantial reforms. According to Stigler's capture theory regulation often follows the preferences of producers. Therefore, the interests of the…

Several recent papers have shown the relevance of collective models for the empirical investigation of household labor supply and consumption. Yet the estimation of collective models in the presence of …