1. ZEW Discussion Paper Nr. 16-018 // 2016

    Mind the Gap: The Difference Between U.S. and European Loan Rates

    We analyze differences in the pricing of syndicated loans between U.S. and European loans. For credit lines, U.S. borrowers pay significantly higher spreads, but also lower fees, resulting in similar total costs…

  2. ZEW Discussion Paper Nr. 16-017 // 2016

    The Total Costs of Corporate Borrowing in the Loan Market: Don’t Ignore the Fees

    More than 80% of US syndicated loans contain at least one fee type and contracts typically specify a menu of spread and different types of fees. We test the predictions of existing theories about the main…

  3. ZEW Discussion Paper Nr. 16-016 // 2016

    Quasi-Experimental Evidence on the Effects of Mother Tongue-Based Education on Reading Skills and Early Labour Market Outcomes

    Prior to the introduction of mother tongue based education in 1994, the language of instruction for most subjects in Ethiopia's primary schools was the official language (Amharic) - the mother tongue of only one…

  4. JUNGE UNTERNEHMEN // 2016

    Jahrgang 16, Nr. 4, März 2016

    • Technologiewandel im Verarbeitenden Gewerbe ist durch Schließungen geprägt
    • Nebenerwerbsgründungen als Chance für neue Produkte
    • Innovationen in jungen Unternehmen
  5. ZEW Discussion Paper Nr. 16-015 // 2016

    Corporate Taxation and Location of Intangible Assets: Patents vs. Trademarks

    Numerous empirical studies have analysed the influence of corporate taxation on the location of intangible assets within a company group. However, the previous literature has rather focused on studying the…

  6. ZEW Discussion Paper Nr. 16-014 // 2016

    Attenuation Bias when Measuring Inventive Performance

    Most previous results on determinants of inventive performance are biased because inventive performance is measured with error. This measurement error causes attenuation bias. More specifically, for example…

  7. ZEW-Newsletter // 2016

    2016-02

    1. Aktuell
    2. Call for Papers
      • Interdisziplinäre Konferenz zu Herausforderungen und Chancen der vernetzten Arbeitswelt
      • MaTax Steuerrechts-Konferenz 2016
      • ZEW Summer Workshop
      • Dritte internationale…
  8. ZEW-Energiemarktbarometer // 2016

    Januar/Februar 2016

    • Experten erwarten erst mittelfristig wieder steigende Energiepreise
    • Versorgungssicherheit: Lage entspannt sich