ZEW Discussion Papers

Die aktuelle Diskussion um die Novellierung der deutschen Pressefusionskontrolle macht deutlich, welche Relevanz medienökonomische Fragestellungen haben. Was jedoch bei dieser Diskussion häufig vernachlässigt…

The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks’ and on the…

Using a linked employer-employee data set, this paper analyses the relationship between firm-profitability and wages. Particular emphasis is given to the question of whether the sensitivity of wages to…

We examine job durations of German workers using a linked employer-employee dataset. The descriptive evidence suggests that firm characteristics have a substantial influence on the job exit rate. However, the…

The combination of research and development units following a merger or an acquisition usually requires a broad and widespread integration project to ensure that a company’s innovative capabilities are carried…

We consider the application of self-financing tax/subsidy mechanisms in environmental regulation and explore the question whether these mechanisms yield strong investment incentives in a market with many firms…

We explore the design of self-financing tax-subsidy schemes to solve hold-up problems in environmental regulation. The announcement of the tax rate seems to be preferable to solve hold-up problems with respect…

We estimate the effect of initial episodes under fixed-term contracts (FTCs)on job duration in the further course of the employment spell, using data from the German Socio-Economic Panel (SOEP) from 1985 to…

Globalization has led to exciting new business opportunities around the globe. Still, national and cultural boundaries have not evaporated into a “borderless world.” Several studies have identified so-called…