1. ZEW Discussion Paper Nr. 06-018 // 2006

    Efficiency Losses from Overlapping Economic Instruments in European Carbon Emissions Regulation

    Energy markets and energy-intensive industries in all EU member states – especially in Germany – are subject to a diverse set of policies related to climate change. We analyse the potential efficiency losses…

  2. ZEW Discussion Paper Nr. 06-013 // 2006

    Efficient Revenue Sharing and Upper Level Governments: Theory and Application to Germany

    Recent literature has emphasized that redistributive grant systems may tend to internalize fiscal externalities arising from tax competition. This paper further explores the conditions under which local grant…

  3. ZEW Discussion Paper Nr. 06-012 // 2006

    The Drivers of Deregulation in the Era of Globalization

    This paper treats the question to what extent globalization trends restrict a countryspecific regulation policy in industrial countries. The empirical analysis makes use of recently collected regulation…

  4. ZEW Discussion Paper Nr. 06-011 // 2006

    Deregulating Job Placement in Europe: A Microeconometric Evaluation of an Innovative Voucher Scheme in Germany

    Job placement vouchers can be regarded as a tool to spur competition between public and private job placement activities. The German government launched this instrument in order to end the public placement…

  5. ZEW Discussion Paper Nr. 06-008 // 2006

    Makroökonomische Nachrichten und die Reaktion des 15-Sekunden-DAX: Eine Ereignisstudie zur Wirkung der ZEW-Konjunkturprognose

    In der vorliegenden Arbeit wird die Reaktion des DAX auf makroökonomischen Konjunkturmeldungen in Form von Veröffentlichungen des ZEW-Finanzmarkttests untersucht. Zur Messung der Reaktion stehen die 15-…

  6. ZEW Discussion Paper Nr. 06-007 // 2006

    Combining Top-Down and Bottom-up in Energy Policy Analysis: A Decomposition Approach

    The formulation of market equilibrium problems as mixed complementarity problems (MCP)permits integration of bottom-up programming models of the energy system into top-down general equilibrium models of the…

  7. ZEW Discussion Paper Nr. 06-006 // 2006

    Gleicher Lohn für gleiche Arbeit? - Zum Zusammenhang zwischen Gewerkschaftsmitgliedschaft und Lohnstruktur in Westdeutschland 1985–1997

    Diese Arbeit untersucht den Zusammenhang zwischen dem gewerkschaftlichen Nettoorganisationsgrad als Maß für die Gewerkschaftsmacht und der Lohnstruktur in und zwischen Segmenten des deutschen Arbeitsmarktes in…

  8. ZEW Discussion Paper Nr. 06-004 // 2006

    Wie genau sind die Konjunkturprognosen der Institute für Deutschland?

    Die vorliegende Arbeit diskutiert Ursachen für Unsicherheiten von Konjunkturprognosen und demonstriert die Berechnung von empirischen Prognoseintervallen. Die Verwendung empirischer Prognoseintervalle für eine…

  9. ZEW Discussion Paper Nr. 06-003 // 2006

    Differentiation of Green Taxes: A Political-Economy Analysis for Germany

    In this paper we study political-economy determinants of the differentiation of environmental taxes between sectors. Using a common-agency model, we provide predictions on tax differentiation which are then…

  10. ZEW Discussion Paper Nr. 06-002 // 2006

    Heterogeneous Returns to Training: An Analysis with German Data Using Local Instrumental Variables

    Empirical work on the wage impact of training has noted that unobserved heterogeneity of training participants should play a role. The expected return to training, which partly depends on unobservable…