1. ZEW Discussion Paper Nr. 04-42 // 2004

    Regional Income Convergence in the Enlarged Europe, 1995-2000: A Spatial Econometric Perspective

    This paper adopts a spatial econometric perspective to analyse regional convergence of per capita income in Europe in 1995 to 2000 and, moreover, relaxes the assumption of a single steady-state growth path which…

  2. ZEW Discussion Paper Nr. 04-41 // 2004

    Evaluating the Dynamic Employment Effects of Training Programs in East Germany Using Conditional Difference-in-Difference

    This paper evaluates the effects of Public Sponsored Training in East Germany in the context of reiterated treatments. Selection bias based on observed characteristics is corrected for by applying kernel…

  3. ZEW Discussion Paper Nr. 04-40 // 2004

    Assessing Emission Allocation in Europe: An Interactive Simulation Approach

    Implementation of an EU-wide emissions trading system by means of National Allocation Plans is at the core of European environmental policy agenda. Member States are faced with the problem of allocating their…

  4. ZEW Discussion Paper Nr. 04-39 // 2004

    Explaining Reform Deadlocks

    Countries are often slow to adjust their economic structures to new necessities although this reform reluctance is costly in terms of growth and employment. This paper analyses the relevant factors that block or…

  5. ZEW Discussion Paper Nr. 04-36 // 2004

    Schätzung von Hochschulkostenfunktionen für die bundesdeutsche Hochschulausbildung: Ein konzeptioneller Ansatz im empirischen Test

    Im vorliegenden Papier wird ein konzeptioneller Ansatz zur ökono-metrischen Analyse der Kostensituation der bundesdeutschen Hoch-schulausbildung vorgestellt und in einer ersten Anwendung auf die…

  6. ZEW Discussion Paper Nr. 04-35 // 2004

    Integrated Financial Supervision in Germany

    With the establishment of the Bundesanstalt für Finanzdienstleistungsaufsicht(BaFin) in May 2002 Germany followed the trend towards integrated financial supervision. The main reason for unification of…

  7. ZEW Discussion Paper Nr. 04-34 // 2004

    Returns to Education and Individual Heterogeneity

    In this paper, human capital investments are evaluated by assuming heterogeneous returns to education. We use the potential outcome approach to measure the causal effect of human capital investments on earnings…

  8. ZEW Discussion Paper Nr. 04-33 // 2004

    Are Skill Requirements in the Workplace Rising? Stylized Facts and Evidence on Skill-Biased Technological Change

    The present analysis investigates skill requirements in the workplace, measured directly by the task-composition of occupations. It shows that the task composition of occupations has shifted toward analytical…

  9. ZEW Discussion Paper Nr. 04-32 // 2004

    Are IPOs of Different VCs Different?

    This paper sets out to analyze the influence of different types of venture capitalists on the performance of their portfolio firms around and after IPO. We investigate the hypothesis that different governance…

  10. ZEW Discussion Paper Nr. 04-31 // 2004

    Worker Remittances and Capital Flows to Developing Countries

    Worker remittances constitute an increasingly important mechanism for the transfer of resources from developed to developing countries, and remittances are the second-largest source, behind foreign direct…

  11. ZEW Discussion Paper Nr. 04-30 // 2004

    Determinants of Environmental Innovations in Germany: Do Organizational Measures Matter? A Discrete Choice Analysis at the Firm Level

    Based on a unique firm level data set of the German manufacturing sector, this paper provides new empirical evidence regarding the determinants of different types of environmental technological innovations. We…

  12. ZEW Discussion Paper Nr. 04-28 // 2004

    Auswirkungen von Erbschaften und Schenkungen auf die Vermögensbildung privater Personen und Haushalte

    Die Untersuchung analysiert das Sparverhalten der über 30- bis unter 50jährigen Personen bzw. Haushalte mit Haushaltsvorständen in dieser Altersgruppe in Reaktion auf erhaltene Erbschaften bzw. Transfers zu…