1. ZEW Discussion Paper Nr. 04-05 // 2004

    Die Anatomie des Berufswechsels: Eine empirische Bestandsaufnahme auf Basis der BIBB/IAB-Daten 1998/1999

    In Deutschland stellen Personen, die ihre Berufsausbildung im Rahmen des dualen Systems oder durch den Besuch einer Berufsfachschule erworben haben, das Rückgrat der Beschäftigung dar. Trotz seiner Bedeutung…

  2. ZEW Discussion Paper Nr. 04-04 // 2004

    PISA: What Makes the Difference? Explaining the Gap in PISA Test Scores Between Finland and Germany

    The huge difference in the level and variance of student performance in the 2000 PISA study between Finland and Germany motivates this paper. It analyses why Finnish students performed so much better by…

  3. ZEW Discussion Paper Nr. 04-03 // 2004

    German Exchange Rate Exposure at DAX and Aggregate Level, International Trade, and the Role of Exchange Rate Adjustment Costs

    Non-technical Summary This study analyses the dollar exposure of large German companies, i.e. value change of companies associated with changes of the price of the US dollar, and the determinants of this…

  4. ZEW Discussion Paper Nr. 04-02 // 2004

    The Determinants and Effects of Environmental Product Innovations – An Analysis on the Basis of Case Studies –

    The aim of the Integrated Product Policy (IPP) is to promote product-related eco-innovations. These, in turn, depend on both support for the development of environmentally-friendly products and stimulation of…

  5. ZEW Discussion Paper Nr. 04-01 // 2004

    The Impact of EMU on Inflation Expectations

    This paper analyses the impact of the monetary regime change from the Bundesbank to the ECB in 1999 on inflation expectations. In the theoretical part, the Barro-Gordon model is used to derive the potential…

  6. Referierte Fachzeitschrift // 2004

    Innovation indicators and corporate credit ratings: evidence from German firms

    The literature on the relationship between firm value and knowledge capital is based on stock market valuation. We use a credit rating score as an alternative measure. Innovative firms achieve better ratings,…

  7. ZEW Economic Studies Bd. 22 // 2004

    The Internationalisation of Young High-Tech Firms

    The huge economic and social impact of high-tech industries on the fortunes of nation states has been widely recognised in recent years. Therefore, government policies encouraging the creation of new…