1. Referierte Fachzeitschrift // 2023

    Reaching beyond the acquirer-target dyad in M&A – Linkages to external knowledge sources and target firm valuation

    Access to unique knowledge of a target firm is the strategic rationale for many firm acquisitions with the expectation of improving the acquirer's innovation performance. We argue that the acquisition price…

  2. ZEW Discussion Paper Nr. 23-013 // 2023

    Politicians’ Social Welfare Criteria – An Experiment With German Legislators

    Much economic analysis derives policy recommendations based on social welfare criteria intended to model the preferences of a policy maker. Yet, little is known about policy maker’s normative views in a way…

  3. ZEW Discussion Paper Nr. 23-012 // 2023

    Local Labor Markets as a Taxable Location Factor? Evidence From a Shock to Foreign Labor Supply

    This paper examines how municipal taxes respond to the local impact of a labor market shock. The analysis exploits a commuting policy that liberalized cross-border labor markets between Switzerland and the EU.…

  4. ZEW Discussion Paper Nr. 23-011 // 2023

    Firm Digitalisation and Mobility – Do Covid-19-Related Changes Persist?

    The Covid-19 pandemic has sparked hope that firm digitalisation will result in long-lasting reductions in mobility and related carbon emissions via the use of working from home and online services. In this…

  5. Discussion und Working Paper // 2023

    Public Procurement as an Innovation Policy: Where Do We Stand?

    Economics and innovation scholars have long recognized the potential of public procurement to trigger innovation. To what extent has this potential been realized so far? What can be done to improve the…

  6. Referierte Fachzeitschrift // 2023

    Innovation in hyperlink and social media networks: Comparing connection strategies of innovative companies in hyperlink and social media networks

    This paper seeks to unveil how (geospatial) connection strategies associated with business innovation, differ between geolocated social media and hyperlink company networks. Thereby, we provide a first step…

  7. ZEW-Kurzexpertise Nr. 23-02 // 2023

    Magnitudes and Capital Key Divergence of the Eurosystem’s PSPP/PEPP Purchases

    In this report we update the quantitative analysis of the PEPP and PSPP conduct and analyze whether reinvestments are actually made in accordance to these claims. In prior versions of our report, we have…

  8. ZEW-Finanzmarktreport // 2023

    März 2023

    • Unsicherheit an den Finanzmärkten belastet Konjunkturerwartungen
    • Eurozone: konjunkturelle Erwartungen trüben sich
    • USA: Kollaps der Silicon Valley Bank drückt Konjunkturerwartungen deutlich
    • China:…
  9. ZEW Monthly // 2023

    03/2023 – Geschlechterunterschiede

    Ob Equal Pay Day oder Weltfrauentag – der März steht im Zeichen des weiblichen Geschlechts. Unabhängig davon sind Frauen sowohl für Gesellschaft als auch Wirtschaft wichtig: Oftmals müssen sie einen…

  10. Referierte Fachzeitschrift // 2023

    Green Technology Policies versus Carbon Pricing: An Intergenerational Perspective

    Technology policy is the most widespread form of climate policy and is often preferred over seemingly efficient carbon pricing. We propose a new explanation for this observation: gains that predominantly accrue…