1. ZEW Discussion Paper Nr. 99-46 // 1999

    Uncertainty of Outcome Versus Reputation: Empirical Evidence for the First German Football Division

    During the next few years, the German football industry will changedramatically. New distribution channels and initial public offerings willlead to large inflows of capital and hence funds for investment.…

  2. ZEW Discussion Paper Nr. 99-44 // 1999

    Law Enforcement and Criminality: Europe vs. USA

    We use a stylized model to show that, if transfers to the poor are founded on a security argument, there is a negative trade-off between law enforcement expenditures and criminality. In contrast, if transfers…

  3. ZEW Discussion Paper Nr. 99-41 // 1999

    Public Procurement in the Presence of Capital Taxation

    The paper considers governments' public procurement decision as a way of influencing industry structure. In a federation in which capital is mobile and capital taxation is harmonized, a home bias in public…

  4. ZEW Discussion Paper Nr. 99-39 // 1999

    Tax Competition and Tax Structure in Open Federal Economies: Evidence from OECD Countries with Implications for the European Union

    Tax competition arguments suggest that a government that operate in an open economy (such as local governments) should not and will not rely on non-benefit taxes, such as the income tax. Yet we observe reliance…

  5. ZEW Discussion Paper Nr. 99-35 // 1999

    Facto Mobility and Fiscal Policy in the EU: Policy Issues and Analytical Approaches

    This paper outlines some of the implications of factor market integration for fiscal policy in the countries of the EU and for the EU itself. It draws particular attention to the dynamic dimensions of factor…

  6. ZEW Discussion Paper Nr. 99-28 // 1999

    Vertical Income Tax Externalities and Fiscal Interdependence: Evidence from the U.S

    Concurrent taxation is a feature of many federal systems. As a consequence of this fact, the tax policy of one level of government affects the tax base of the other. This paper carries out a theoretical analysis…

  7. ZEW Discussion Paper Nr. 99-27 // 1999

    A Model of Welfare Competition with Evidence from AFDC

    In this paper, we test empirically for strategic behavior among the states using the cash support program Aid to Families with Dependent Children (AFDC). To motivate the empirical work, we adapt Wildasin's [41]…

  8. ZEW Discussion Paper Nr. 99-09 // 1999

    Wachstumsdeterminanten junger Unternehmen in den alten und neuen Bundesländern: Ein Vergleich zwischen innovativen und nicht-innovativen Unternehmen

    The paper deals with growth determinants of innovative and non-innovative start-ups in Eastern and Western Germany. Based on theoretical approaches explaining the growth of firms, hypotheses on potential…