1. Finanzmarktreport Schweiz // 2014

    Dezember 2014

    • Stimmung hellt sich auf
    • Mehrheit der Analysten erwartet unveränderte Inflation
    • Weniger Analysten erwarten Anstieg der langfristigen Zinsen
    • EUR fällt, aber Erwartungen einer Aufwertung steigen
    • Erholung an den…
  2. ZEW Discussion Paper Nr. 14-094 // 2014

    University Research Alliances, Absorptive Capacity, and the Contribution of Startups to Employment Growth

    This paper examines how university research alliances and other cooperative links with universities contribute to startup employment growth. We argue that “scientific absorptive capacity” at the startup is…

  3. ZEW Discussion Paper Nr. 14-093 // 2014

    Information Ambiguity and Firm Value

    A recent theoretical model by Epstein and Schneider (2008) predicts that a firm’s assets will be undervalued by the market if the information surrounding these assets is ambiguous. The model further predicts…

  4. ZEW Discussion Paper Nr. 14-092 // 2014

    Specifying Parameters in Computable General Equilibrium Models Using Optimal Fingerprint Detection Methods

    The specification of parameters is a crucial task in the development of economic models. The objective of this paper is to improve the standard parameter specification of computable general equilibrium (CGE)…

  5. ZEW Discussion Paper Nr. 14-091 // 2014

    Staging Innovation Projects: (When) Does it Pay Off?

    Building on real options literature, this study shows that the use of a staged approach for the management of innovation projects affects the innovation output of firms differently depending on firm…