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News from the Centre for European Economic Research

ZEW Indicator of Economic Sentiment

ZEW Indicator of Economic Sentiment - ZEW Indicator of Economic Sentiment Increases Slightly

Gaining 4.6 points compared to the previous month, the ZEW Indicator of Economic Sentiment for Germany stands at 53.0 points in February 2015 (long-term average: 24.6 points). Reaching its highest value since February of 2014, the indicator has increased for the fourth consecutive time. read more

Financial Market Survey Switzerland

ZEW-CS Financial Market Test Switzerland - Plunge in Switzerland’s Economic Outlook

The Credit Suisse ZEW Indicator, which tracks analysts' expectations for Switzerland's economy for the coming six months, plummeted by 62.2 points in February 2015 to a minus of 73.0 points. This nosedive - the biggest in the history of the indicator - shows that in the aftermath of the removal of the EUR/CHF exchange-rate floor the financial analysts surveyed are quite unanimously forecasting a worse performance for Switzerland's economy than before this decision. The ZEW-CS Indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six-month time horizon. It is calculated monthly by the Mannheim Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS), Zurich. read more

Financial Market Survey Central and Eastern Europe

ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe (CEE) - Economic Prospects Brighten Up

In February 2015 economic expectations for Central and Eastern Europe including Turkey (CEE region) improve in double digit. In the current survey the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has increased by 14.2 points. The indicator now stands at a level of 39.3 points. The ZEW-Erste Group Bank Economic Sentiment Indicator for Central and Eastern Europe reflects the financial market experts' expectations for the CEE region on a six-month time horizon. The indicator has been compiled on a monthly basis together with further financial market data by the Mannheim Centre for European Economic Research (ZEW) with the support of Erste Group Bank, Vienna, since 2007. read more

Research

Fifth "Country Index for Family Enterprises" - Financing Conditions and Education in Germany Have Improved

The Centre for European Economic Research (ZEW) has conducted the "Country Index for Family Enterprises", an international comparison of investment locations from the perspective of family enterprises. The study on behalf of the Foundation for Family Businesses ("Stiftung Familienunternehmen") is ZEW's fifth assessment of local investment conditions for family-run enterprises. read more

Research

ZEW Study on Corporate Taxation in Europe - IP Box Regimes – A Double-Edged Sword for the Treasury

In several European countries, income from patents, trademarks or copyrights is taxed at a considerably lower rate than other income. Waiving taxes on intangible assets, governments aim to create incentives for companies to invest in research and development (R&D), and to pay taxes on the resulting profits in their countries. This concept is known as Intellectual Property (IP) Box regimes. This special tax treatment, however, has turned out to be a double-edged sword. A recent study conducted by the Centre for European Economic Research (ZEW) in cooperation with the University of Mannheim found that most European IP Box regimes enable multinationals to save taxes on income from intangible assets (IP income) without actually investing in R&D. read more

Call for Papers

2015 Competition and Innovation Summer School (CISS) (Turunç/Marmaris, Turkey, May 25-30, 2015)

The Centre for European Economic Research (ZEW) is pleased to announce the 2015 Competition and Innovation Summer School from May 25 to 30, 2015. This workshop, located in Turunç/Marmaris, Turkey, offers young researchers within the fields of innovation and competition economics the opportunity to discuss their dissertation projects within a peer group of experienced and renowned scholars as well as other PhD students and postdoc researchers in an inspiring environment. Applications are welcome from advanced PhD students and postdoc researchers. Please submit an extended abstract of the paper you intend to present, a letter of reference from your PhD supervisor, and your CV to registration@euro-ciss.eu. The deadline for submission is March 14, 2015. read more

Call for Papers

Workshop on Behavioural Responses to Income Taxation (August 17-18, 2015)

The Centre for European Economic Research (ZEW) and the University of Mannheim, in cooperation with the Uppsala Center for Labor Studies (UCLS, Uppsala University) are pleased to announce a workshop on behavioural responses to income taxation on August 17 and 18, 2015, in Mannheim. The aim of the conference is to stimulate discussion between international researchers on the elasticity of taxable income (ETI) as a central concept in empirical public finance. Professor Wojciech Kopczuk from Columbia University will be giving a keynote lecture. We welcome submissions dealing with the ETI or broadly related to behavioural responses to income taxation. Interested researchers are invited to submit a paper or an extended abstract in PDF format to eti2015@zew.de no later than March 15, 2015. read more


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