1. ZEW Discussion Paper Nr. 17-074 // 2017

    The Organizational Design of High-Tech Startups and Product Innovation

    We investigate whether appointing a middle management level   affects startups’ innovation  performance. Additional hierarchical levels are often   suspected to restrict innovative activities.  However,…

  2. ZEW Discussion Paper Nr. 17-073 // 2017

    Intermediation in Peer-to-Peer Markets: Evidence from Auctions for Personal Loans

    I examine the role of intermediaries on the world's largest peer-to-peer online lending platform. This marketplace as well as other recently opened lending websites allow people to auction microcredit over the…

  3. ZEW-Newsletter // 2017

    2017-12

    1. Aktuelles
    2. Call for Papers
      • ZEW-Konferenz Public Finance 2018: The Future of Fiscal Coordination in Europe
    3. Personalia
      • Berufungen/Ernennungen
      • Gäste am ZEW
    4. Presse
    5. Neue Publikationen
      • ZEWne…
  4. ZEW Discussion Paper Nr. 17-072 // 2017

    Credit Constraints, Energy Management Practices, and Investments in Energy Saving Technologies: German Manufacturing in Close-up

    We analyze the drivers and barriers that influence investments increasing the energy efficiency of firms' production processes or buildings in the German manufacturing sector based on microdata. In particular,…

  5. ZEW Discussion Paper Nr. 17-071 // 2017

    Ratchet up or down? An Experimental Investigation of Global Public Good Provision in the United Nations Youth Associations Network

    From a current perspective the Paris Agreement is not sufficient to limit the global mean temperature below 2°C above pre-industrial level as intended. The Agreement stipulates that parties review, compare and…

  6. ZEW Discussion Paper Nr. 17-070 // 2017

    Matching Schemes and Public Goods: A Review

    Matching schemes, where a party matches the contribution of others, reduce the effective price of a good and aim to foster its demand. We review the empirical literature on the effectiveness of these schemes in…

  7. ZEW Discussion Paper Nr. 17-069 // 2017

    The Zero Risk Fallacy? Banks' Sovereign Exposure and Sovereign Risk Spillovers

    European banks are exposed to a substantial amount of risky sovereign debt. The “missing bank capital” resulting from the zero-risk weight exemption for European banks for European sovereign debt amplifies the…

  8. ZEW Discussion Paper Nr. 17-068 // 2017

    Drivers of Energy Efficiency in German Manufacturing: A Firm-level Stochastic Frontier Analysis

    Increasing energy efficiency is one of the main goals in current German energy and climate policies. We study the determinants of energy efficiency in the German manufacturing sector based on official firm-level…