ZEW Discussion Papers

Overview

Researchers at the ZEW participate in scientific debates by publishing their papers. The papers are predominantly in English (marked). For the German papers an English abstract is available. The contributions are intended for a final publication in special interest titles. The discussion papers can be downloaded as PDF or PostScript files starting from 1.1.1998. They aimed at national and international target groups.

  1. ZEW Discussion Paper No. 03-66 // 2003

    How Do Banks Determine Capital? – Empirical Evidence for Germany

    This paper examines how capital is determined by German banks. We analyse whether the determinants found in the previous empirical literature hold for the special German banking sector with its three…

  2. ZEW Discussion Paper No. 03-64 // 2003

    Semiparametric Estimation of Regression Functions Under Shape Invariance Restrictions

    This paper considers the shape invariant modelling approach in semiparametric regression estimation. Nonparametric functions of similar shape are linked by parametric transformations with unknown parameters. A…

  3. ZEW Discussion Paper No. 03-62 // 2003

    Incentive Problems in Banking Supervision – The European Case

    This paper discusses the incentive conflicts that arise in banking supervision in the EU in a principal-agent framework, where the regulator is the agent and the taxpayers is the principal. The regulatory agent…

  4. ZEW Discussion Paper No. 03-61 // 2003

    The Kyoto Protocol: A Review and Perspectives

    International concern about climate change has led to the Kyoto Protocol, negotiated in 1997, which contains legally binding emission targets for industrialized countries to be achieved during the commitment…

  5. ZEW Discussion Paper No. 03-59 // 2003

    The Role of Transaction Costs and Risk Premia in the Determination of Climate Change Policy Responses

    Transaction costs and risk have generally not been taken into account in assessing the Kyoto mechanisms JI, CDM and emissions trading. However, they can have a significant influence. With regard to the…

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Kerstin Heres

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