1. ZEW Discussion Paper Nr. 16-081 // 2016

    Public ICT Investment in Reaction to the Economic Crisis – A Case Study on Measuring IT-related Intangibles in the Public Sector

    In this paper, we (1) analyse the German public IT-spending programme 2009-11 adopted after the crisis in terms of its tangible vs. intangible asset creation, (2) consider this relatively well-described…

  2. ZEW Discussion Paper Nr. 16-080 // 2016

    Microgeography of Innovation in the City: Location Patterns of Innovative Firms in Berlin

    This paper investigates the micro-location pattern of innovative and non-innovative firms in Berlin using detailed information on the firms' addresses and their local environment. The study employs a unique,…

  3. Discussion und Working Paper // 2016

    Capital Markets Union in Europe: Why Other Unions Must Lead the Way

    Capital Markets Union in Europe with fully integrated capital markets across member countries can only work when the status of member country sovereign bonds as risk-free assets is restored. Banking Union and…

  4. Discussion und Working Paper // 2016

    Lender of Last Resort versus Buyer of Last Resort – The Impact of the European Central Bank Actions on the Bank-Sovereign Nexus

    In summer 2011, elevated sovereign risk in Eurozone peripheral countries increased the solvency risk of Eurozone banks, precipitating a run on their short-term debt. We assess the effectiveness of different…

  5. ZEW-Dokumentation Nr. 16-02 // 2016

    Vergleich der Ausgaben für Digitalisierungsprojekte im Mittelstand mit den gesamtwirtschaftlichen IKT-Investitionen

    Vor dem Hintergrund der Debatte über die Höhe gesamtwirtschaftlicher Investitionen vergleicht der vorliegende Bericht den Befund der Studie "Digitalisierung im Mittelstand: Status Quo, aktuelle Entwicklungen und…

  6. ZEW Discussion Paper Nr. 16-079 // 2016

    The Growth and Human Capital Structure of New Firms over the Business Cycle

    Recent research suggests that employment in young firms is more negatively impacted during economic downturns than employment in incumbent firms. This questions the effectiveness of policies that promote…

  7. Fachzeitschrift // 2016

    Auch nach dem Paris-Abkommen ist Klimaschutz kein Selbstläufer

    Deutsche Unternehmen haben niedrige Erwartungen an die Wirksamkeit des Paris-Abkommens. Rund 60 % gehen nicht von einer nachhaltigen globalen Reduzierung von Treibhausgasemissionen als Folge der…