ZEW Discussion Papers

In recent years stock option plans have become a substantial part of compensation schemes in U.S. companies. While in the beginning companies granted options only to the top-management more and more companies…

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper…

Investment Opportunities in Central and Eastern European Equity Markets For firms acting in technological niches the expansion into foreign markets can be a way to increase sales and to thus to recover initial…

Our research, based on the ZEW-Foundation Panel East, examines whether high-tech start-ups are mainly founded in scientific and infrastructural well suited regions or not. Estimation results on the level of…

This paper analyses the extent to which gender differences in human capital contribute to explaining the observable wage differential in favour of men and its reduction since the mid-eighties among West German…

This paper assesses the consequences of EU enlargement for East West migration. In the theoretical part, we identify several factors in addition to the reduction of moving costs by which EU membership influences…

German unification hit the West German economy in a prosperous period and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the…