1. 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…

  2. 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…

  3. 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)…

  4. 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…

  5. ZEW Discussion Paper Nr. 14-090 // 2014

    How Do Employment Tax Credits Work? – An Analysis of the German Inheritance Tax

    Employment tax credit programs have been repeatedly used during economic crises, although their usefulness is empirically contestable. The objective of this paper is to quantify the tax effects of employment tax…

  6. ZEW Discussion Paper Nr. 14-089 // 2014

    Are There Long-Term Earnings Scars From Youth Unemployment in Germany?

    We analyze the relationship between early-career unemployment and prime-age earnings with German administrative linked employer-employee data. The careers of more than 720,000 male apprenticeship graduates from…

  7. ZEW Discussion Paper Nr. 14-088 // 2014

    Physical Activity of Adults: A Survey of Correlates, Determinants, and Effects

    We survey the literature on the link of labour market related outcomes to individ-ual physical activity and sports participation. The first part of the survey is devoted to the individual participation decision…

  8. ZEW Discussion Paper Nr. 14-087 // 2014

    Bargaining in Vertical Relationships and Suppliers’ R&D Profitability

    This paper explores the effect of bargaining in vertical relationships on the profitability of suppliers’ R&D investments. Studies on the relationship between R&D and firm profitability mostly concentrate on the…

  9. ZEW Discussion Paper Nr. 14-086 // 2014

    Combining International Cap-and-Trade with National Carbon Taxes

    This paper examines the effects of combining an international cap-and-trade scheme with national carbon taxes. We consider a two-country stochastic partial equilibrium model with log-normally distributed…

  10. ZEW Discussion Paper Nr. 14-085 // 2014

    The Impact of Regulation and Competition on the Migration from Old to New Communications Infrastructure: Recent Evidence from EU27 Member States

    Fibre-deployment of next-generation communications networks is currently a major challenge for investing firms as well as for national regulators and is also subject to hot debates at EU level. This work…