1. ZEW-Dokumentation Nr. 15-03 // 2015

    Hidden Champions – Driven by Innovation: Empirische Befunde auf Basis des Mannheimer Innovationspanels

    Innovativen Unternehmen, insbesondere kleinen und mittelgroßen Betrieben (KMU) wird eine Schlüsselposition für den technischen Fortschritt und die internationale Wettbewerbsfähigkeit von Industrienationen…

  2. ZEW Discussion Paper Nr. 15-030 // 2015

    Innovation Budgeting Over the Business Cycle and Innovation Performance

    The global economic crisis of 2008/2009 hit many firms hard. Faced with rapidly declining sales and highly uncertain economic prospects, firms had to cut costs and reconsider their business strategies. With…

  3. ZEW Discussion Paper Nr. 15-029 // 2015

    Forecaster Overconfidence and Market Survey Performance

    We document using the ZEW panel of German stock market forecasters that weak forecasters tend to be overconfident in the sense that they provide extreme forecasts and their confidence intervals are less likely…

  4. ZEW Discussion Paper Nr. 15-028 // 2015

    Tax Compliance and Information Provision – A Field Experiment with Small Firms

    We study tax compliance in Slovenia using data generated in a field experiment. Small accounting companies were randomly assigned to an untreated control group and two treatment groups. Companies in the first…

  5. ZEW Discussion Paper Nr. 15-027 // 2015

    Are SRI Funds Conventional Funds in Disguise or Do They Live up to Their Name?

    In recent years, the socially responsible investing (SRI) industry has become an important segment of international capital markets by incorporating ESG (Environmental, Social and Governance) factors into…

  6. ZEW Discussion Paper Nr. 15-026 // 2015

    Politicians' Promotion Incentives and Bank Risk Exposure in China

    This paper shows that politicians' pressure to climb the career ladder increases bank risk exposure in their region. Chinese local politicians are set growth targets in their region that are relative to each…

  7. ZEW-Branchenreport Informationswirtschaft // 2015

    1. Quartal 2015

    • Positives Klima in der Informationswirtschaft
    • Kreativität gefragt: Mitarbeiter geben wichtige Impulse für Innovationen
  8. ZEW-Finanzmarktreport // 2015

    Mai 2015

    • Konjunkturerwartungen fallen leicht
    • EZB: Inflationserwartungen nehmen weiter zu
    • USA: Wirtschaftliche Dynamik schwächt sich ab
    • Japan: Konjunkturelle Lage weiter verbessert
    • Großbritannien: Lageeinschätzung kaum…
  9. Finanzmarktreport Schweiz // 2015

    Mai 2015

    • Erholung nach dem Frankenschock setzt sich fort
    • Anhaltende Unsicherheit beim EUR/CHF-Wechselkurs
    • Negative Inflationserwartungen
    • Keine Änderung der kurzfristigen Zinsen erwartet
    • Hohe Erwartungen an europäische…