1. ZEW Discussion Paper Nr. 03-74 // 2003

    Measuring Selectivity-Corrected Gender Wage Gaps in the EU

    We investigate different techniques to assess the gender pay gap in five EU countries (France, Germany, Italy, Spain and United Kingdom), focusing on self-selection into market work. Results show that selectivity…

  2. ZEW Discussion Paper Nr. 03-73 // 2003

    Efficiency, Compensation, and Discrimination: What is at Stake When Implementing the EU Emissions Trading Scheme?

    Abstract: In 2005, an EU-wide emissions trading scheme covering major CO2 producing sites shall comeinto power. The key objective of the trading scheme is to promote cost-efficiency of carbon reduction within…

  3. ZEW Discussion Paper Nr. 03-70 // 2003

    Reforming Social Welfare in Germany - An Applied General Equilibrium Analysis

    This paper analyses the effects of a social assistance reform in Germany. In contrast to studies which are based on microsimulation methods we use a computable general equilibrium model which incorporates a…

  4. ZEW Discussion Paper Nr. 03-69 // 2003

    IT, Organizational Change and Wages

    Recent studies emphasize the complementary relationship between information technology and organizational changes. We analyze the wage impact of computer usage at the workplace and of organizational changes in…

  5. ZEW Discussion Paper Nr. 03-68 // 2003

    Different Prices for Identical Products? Market Efficiency and the Virtual Location in B2C E-Commerce

    This paper analyses market efficiency and the role of the virtual location in digital markets using a data set containing more than 23,000 price observations from the online market for contact lenses as well as…

  6. ZEW Discussion Paper Nr. 03-67 // 2003

    Maxi-Arbeitsangebotseffekte oder zusätzliche Arbeitslose durch Mini- und Midi-Jobs?

    Die gesetzlichen Bestimmungen zu den geringfügigen Beschäftigungsverhältnissen wurden am 1. April 2003 zum zweiten Mal innerhalb von vier Jahren grundsätzlich geändert. Wesentliche Komponenten der 2003-Reform…

  7. ZEW Discussion Paper Nr. 03-66 // 2003

    How Do Banks Determine Capital? – Empirical Evidence for Germany

    This paper examines how capital is determined by German banks. We analyse whether the determinants found in the previous empirical literature hold for the special German banking sector with its three…

  8. ZEW Discussion Paper Nr. 03-65 // 2003

    Unabhängigkeit und Verantwortlichkeit der Europäischen Zentralbank

    Dieser Artikel gibt einen Literaturüberblick über die Kon- zepte von Unabhängigkeit und Verantwortlichkeit einer Zentralbank, wie sie aus ökonomischer Sicht wahrgenommen werden. Unabhängigkeit wird in dieser…

  9. ZEW Discussion Paper Nr. 03-64 // 2003

    Semiparametric Estimation of Regression Functions Under Shape Invariance Restrictions

    This paper considers the shape invariant modelling approach in semiparametric regression estimation. Nonparametric functions of similar shape are linked by parametric transformations with unknown parameters. …

  10. ZEW Discussion Paper Nr. 03-62 // 2003

    Incentive Problems in Banking Supervision – The European Case

    This paper discusses the incentive conflicts that arise in banking supervision in the EU in a principal-agent framework, where the regulator is the agent and the taxpayers is the principal. The regulatory…

  11. ZEW Discussion Paper Nr. 03-61 // 2003

    The Kyoto Protocol: A Review and Perspectives

    International concern about climate change has led to the Kyoto Protocol, negotiated in 1997, which contains legally binding emission targets for industrialized countries to be achieved during the commitment…

  12. ZEW Discussion Paper Nr. 03-60 // 2003

    Lohndispersion und Arbeitslosigkeit: Neuere Ansätze in der Suchtheorie

    Aufbauend auf der Hypothese, dass Arbeitsmärkte durch unvollständige Information charakterisiert sind, werden in diesem Arbeitspapier neuere Entwicklungen innerhalb eines Zweiges informationsökonomischer Ansätze…