ZEW Discussion Papers

This paper analyses the saving behaviour of German individuals and households aged between 30 and 50 with respect to inheritances and transfers inter vivos. The analysis is based on recent data of the German…

The increased use of information and communication technologies (ICT) leads to new ways of doing business internationally. Nowadays, firm-specific intangible assets as well as services often constitute the most…

This paper analyzes changes in the risk of unemployment and changes in the distribution of unemployment duration for the 26 to 41 years old working population in West-Germany during the 1980ties and 1990ties.…

This paper empirically analyzes the distribution of unemployment durations in West-Germany before and after the changes during the mid 1980s in the maximum entitlement periods for unemployment benefits for…

Thema dieser Arbeit ist eine ökonomische Einordnung der beruflichen Weiterbildung (FbW) als Teil der Aktiven Arbeitsmarktpolitik in Deutschland. Die Analyse erfolgt im Lichte des sektoralen Wandel, der…

The paper deals with the subtraction rule, which has been proposed by the „working group security of supply in service of the cartel offices of the federal republic and the states” as an instrument to identify…

Starting in 2005, the EU will implement a CO2 emissions trading scheme. In this paper we show that the outspoken goals of economic efficiency and free allocation of allowances are incompatible with harmonized…

We present a model that integrates the discrete working time choice of heterogenous households into a general equilibrium setting where wages are determined by sectoral bargaining between firms and trade unions.…

This paper presents and compares several time-series models for returns of broadbased stock indices. These models nest a nonlinear asymmetric GARCH(NGARCH) model as a special case. Some of these models are…