1. M&A-Report // 2018

    April 2018

    • Deutscher M&A-Index fällt weiter
    • Kaum M&A-Aktivität im EU-Bankensektor
    • China kauft zunehmend deutsches Knowhow
    • Regelung gegen Steuervermeidung verringert Investitionen nach M&A
  2. ZEW Discussion Paper Nr. 18-018 // 2018

    New Evidence on Determinants of IP Litigation: A Market-based Approach

    We contribute to the economic literature on patent litigation by taking a new perspective. In the past, scholars mostly focused on specific litigation cases at the patent level and related technological…

  3. ZEW Discussion Paper Nr. 18-017 // 2018

    The Demand for Global and Local Environmental Protection – Experimental Evidence from Climate Change Mitigation in Beijing

    In this study, the real demand for global and local environmental protection in Beijing, China, is elicited and investigated. Participants from Beijing were offered the opportunity to contribute to voluntary…

  4. ZEW Discussion Paper Nr. 18-016 // 2018

    Idiosyncratic Risk, Aggregate Risk, and the Welfare Effects of Social Security

    We ask whether a pay-as-you-go financed social security system is welfare improving in an economy with idiosyncratic productivity and aggregate business cycle risk. We show analytically that the whole welfare…

  5. ZEW Discussion Paper Nr. 18-015 // 2018

    Cognition, Optimism and the Formation of Age-Dependent Survival Beliefs

    This paper investigates the roles psychological biases play in deviations between subjective survival beliefs (SSBs) and objective survival probabilities (OSPs). We model deviations between SSBs and OSPs through…

  6. ZEW Discussion Paper Nr. 18-014 // 2018

    Optimal Taxes on Capital in the OLG Model with Uninsurable Idiosyncratic Income Risk

    We characterize the optimal linear tax on capital in an Overlapping Generations model with two period lived households facing uninsurable idiosyncratic labor income risk. The Ramsey government internalizes the…

  7. Fachzeitschrift // 2018

    Implications of the US Tax Reform for Transatlantic FDI

    On 22 December 2017 President Trump signed the Tax Cuts and Jobs Act. This corporate tax reform can be considered the most significant amendment of the US corporate tax code since 1986. Besides the reduction of…

  8. China Economic Panel (CEP) // 2018

    April 2018

    • Konjunkturerwartungen für China gehen weiter zurück
    • An der April-Umfrage des China Economic Panel vom 20.3.–5.4.2018 beteiligten sich 48 Analysten
  9. ZEW Discussion Paper Nr. 18-013 // 2018

    Trust-Based Work Time and the Productivity Effects of Mobile Information Technologies in the Workplace

    We investigate whether the returns to mobile information and communication technology (ICT) in the workplace are contingent on granting employees autonomy over the structure of their workday through trust-based…