1. ZEW Discussion Paper Nr. 03-12 // 2003

    The Decision of Venture Capitalists on Timing and Extent of IPOs

    We analyze the venture capitalist's decision on the timing of the IPO, the offer price and the fraction of shares he sells in the course of the IPO. A venture capitalist may decide to take a company public or…

  2. ZEW Discussion Paper Nr. 03-10 // 2003

    Socially Responsible Investments in Germany, Switzerland and the United States

    The aim of this study is the analysis of so called socially responsible investments (SRI). First, the performance of SRI equity investment funds and equity indices is investigated using Jensen´s alpha as…

  3. ZEW Discussion Paper Nr. 03-09 // 2003

    Climate Policy Beyond Kyoto: Quo Vadis? A Computable General Equilibrium Analysis Based on Expert Judgements

    Despite of the apparent failure of the Kyoto Protocol with respect to environmental effectiveness, it has established a broad international mechanism that might be able to provide a global reduction of…

  4. ZEW-Wirtschaftsanalysen Bd. 66 // 2003

    Steuerliche Abschreibung und Standortattraktivität

    Untersucht wird, welche Anforderungen an die Ausgestaltung von »modernen« Abschreibungsvorschriften zu stellen sind. Auf der Grundlage der gewonnenen Erkenntnisse werden Empfehlungen für mögliche Änderungen und…

  5. ZEW-Wirtschaftsanalysen Sammelbandbeitrag Bd. 64 // 2003

    Der Finanzmarktkanal

  6. Fachzeitschrift // 2003

    How Relevant Are Institutional Arrangements in Labour Markets and Fiscal Policy for a Stability-Oriented Monetary Policy?

    Vortrag anlässlich der 1. Konferenz der Stiftung Geld und Währung "An Institutional Framework for Monetary Stability" in Frankfurt/Main am 5./6.12.2002, abgedruckt in