ZEW Discussion Papers

This paper advocates computable general equilibrium models as a methodological tool that is particularly suitable for measuring the impacts of policy interference on the three dimensions of sustainable…

In diesem Beitrag werden Ausmaß und Konsequenzen von nominalen und tariflichen Lohnrigiditäten mikroökonomisch und mikroökonometrisch untersucht. Die Analyse verdeutlicht, dass in Deutschland Lohnrigiditäten…

This paper analyses the relationship between firm productivity and export behavior in German manufacturing firms. We examine whether productivity increases the probability of exporting, and assert that there is…

Based on a sample of German inovating firms that contains information on formal and informal innovation cooperation between customers and suppliers, we state that firms perceive informal cooperation as being…

This paper investigates the effects of macroeconomic volatility on non–financial firms’ cash holding behavior. Using an augmented cash buffer–stock model, we demonstrate that an increase in macroeconomic…

We answer the questions, how many firms acting in the modern German biotechnology industry are funded by venture capital companies (VCC) as well as equity funded by corporate investors. The theory suggests a…

Dieser Beitrag untersucht die Entscheidung junger Mütter, die im Jahr vor der Geburt eines Kindes berufstätig waren, in einem Zeitraum von bis zu drei Jahren nach der Geburt auf den Arbeitsmarkt zurückzukehren.…

Credit ratings are commonly used by lenders to assess the default risk, because every credit is connected with a possible loss. If the probability of a default is above a certain threshold, a credit will not be…