1. Finanzmarktreport CEE // 2008

    August 2008

    • Downward movement of the Economic Expectations for CEE Slows Down
    • Poland and Slovakia: Economic Expectations Keep on Recovering
    • Economic Expectations for Croatia Improve Significantly
    • Special Question: Credit…
  2. ZEW Discussion Paper Nr. 08-053 // 2008

    The Impact of Trust on Reforms

    In a constantly changing economic environment a country's ability to undertake institutional reforms is crucial to maintain economic growth and to promote the welfare of its citizens. A wide range of…

  3. ZEW Discussion Paper Nr. 08-052 // 2008

    Innovation on Demand - Can Public Procurement Drive Market Success of Innovations

    Public procurement has been at the centre of recent discussions on innovation policy on both European and national levels (e.g., Aho-Report, Barcelona Strategy). It has a large potential to stimulate…

  4. ZEW-Finanzmarktreport // 2008

    August 2008

    • Konjunkturelle Dynamik lässt nach
    • EZB: Auch nach dem Zinsschritt bleiben Inflationsrisiken
    • USA: Experten erwarten Zinserhöhungen durch die Fed
    • Japan: Tankan-Bericht zeichnet trübes Bild der Konjunktur
    • Großbritannien…
  5. ZEW Discussion Paper Nr. 08-051 // 2008

    The Impact of Intergovernmental Grants on Cost Efficiency: Theory and Evidence from German Municipalities

    In this paper we use a simple bureaucracy model of fiscal illusion to analyze the impact of intergovernmental grants on the cost effciency of local jurisdictions. We find that a higher degree of redistribution…

  6. ZEW Discussion Paper Nr. 08-050 // 2008

    Technological Uncertainty and Cost-effectiveness of CO2 Emission Trading Schemes

    This paper studies implications of uncertainty about the arrival date of a competitive CO2 backstop technology for the design of cost-effective CO2 emission trading schemes. For this purpose, we develop a…

  7. ZEW Discussion Paper Nr. 08-049 // 2008

    Employment Impacts of EU Biofuels Policy: Combining Bottom-up Technology Information and Sectoral Market Simulations in an Input-output Framework

    This paper analyses the employment consequences of policies aimed to support biofuels in the European Union. The promotion of biofuel use has been advocated as a means to promote the sustainable use of natural…