ZEW Discussion Papers

In recent years stock option plans have become a substantial part of compensation schemes in U.S. companies. While in the beginning companies granted options only to the top-management more and more companies…

In dieser Studie werden die Anreize für Innovationsaktivitäten von Firmen mit beschränkter und unbeschränkter Haftung untersucht. Innovationen sind mit einem gewissen Risiko behaftet. Firmeneigner können ihr…

Investment Opportunities in Central and Eastern European Equity Markets For firms acting in technological niches the expansion into foreign markets can be a way to increase sales and to thus to recover initial…

Der Beitrag untersucht die Verbreitung von Tarifverträgen in Dienstleistungsunternehmen sowie deren Wirkungen auf die Beschäftigungspolitik im Falle von Nachfrageschwankungen. Der empirische Teil basiert auf…

There is a growing concern about collective wage agreement and employment dynamics in Germany. In this paper, evidence is provided on the way collective wage agreements affect the adjustment of working hours,…

We analyze the performance of firms in the German business-related services sector. A quarterly business survey provides the panel data base of our study. Firm performance is measured by the survey respondents'…

In this paper, substitutional relationships between capital, labour, material, electricity, and fossil fuels in German producing and service sectors are estimated using a translog cost function. Estimates are…