1. ZEW Discussion Paper Nr. 22-066 // 2022

    Bank Manager Sentiment, Loan Growth and Bank Risk

    We build a textual score measuring the tone of bank earnings press release documents. We use this measure to define bank manager sentiment as the variation in the textual tone score which is orthogonal to…

  2. ZEW Discussion Paper Nr. 22-065 // 2022

    Measuring the Digitalisation of Firms – A Novel Text Mining Approach

    Due to the omnipresence of digital technologies in the economy, measuring firm digitalisation is of high importance. However, current indicators show several shortcomings, e.g., they lack timeliness and regional…

  3. Analysen und Standpunkte // 2022

    2022

    • Krisenpolitik im Energiesektor
    • Europas Positionierung im Gaskonflikt
    • Wirtschaft im Spannungsfeld der Geopolitik
    • Ein Wirtschaftsmodell im Entstehen: Die sozial-ökologische Marktwirtschaft

    Das Jahr 2022 war…

  4. M&A-Report // 2022

    Dezember 2022

    • ZEW M&A-Index verzeichnet Rekordtief
    • Welche deutschen Unternehmen nehmen chinesische Käufer ins Visier?
    • Krisen beeinflussen Fusionen und Übernahmen
    • High-Tech-Branche: Negativtrend bei Fusionen und…
  5. ZEW Discussion Paper Nr. 22-064 // 2022

    First Best Implementation With Costly Information Acquisition

    We study mechanism design with flexible but costly information acquisition. There is a principal and four or more agents, sharing a common prior over the set of payoff-relevant states. The principal proposes a…

  6. Monographie // 2022

    Assessing teleworking strategies for local development: a framework proposal

    Teleworking has risen to record levels since the COVID-19 outbreak. Beyond supporting business continuity during social distancing, it may contribute to multiple societal objectives in the future where a return…

  7. Monographie // 2022

    Potential spatial impacts of the war in Ukraine: A case study from Italy

    The impacts of the war in Ukraine will be felt severely within OECD economies, especially in border regions on the front-line of the humanitarian refugee crisis. The economic impacts, in particular those driven…

  8. Referierte Fachzeitschrift // 2022

    Supporting patients with heart failure with digital therapeutics — A pilot study in Germany

    Objective: Continuous monitoring and targeted behavioral interventions have been shown to improve health status and quality of life for heart failure patients. Digital therapeutics offer the possibility to make…

  9. ZEW-Finanzmarktreport // 2022

    Jahresende 2022

    • Ausblick verbessert sich zum dritten Mal in Folge
    • Eurozone: Verbesserung der Konjunkturerwartungen, Lage weiterhin trüb
    • USA: Konjunkturerwartungen hellen sich weiter auf
    • China: Erwartungen steigen, Lage…
  10. ZEW Discussion Paper Nr. 22-063 // 2022

    Measuring Democracy

    This short article contributes to the Elgar Encyclopedia of Public Choice by summarizing the literature on the measurement of democracy. I proceed in two step. In the first part, I describe the classical…