ZEW Discussion Papers

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. 04-01 // 2004

    The Impact of EMU on Inflation Expectations

    This paper analyses the impact of the monetary regime change from the Bundesbank to the ECB in 1999 on inflation expectations. In the theoretical part, the Barro-Gordon model is used to derive the potential…

  2. ZEW Discussion Paper No. 03-76 // 2003

    Option-Style Multi-Factor Comparable Company Valuation for Practical Use

    Classical single-factor comparable company valuation (CCV) like e.g. valuation using the price-earnings ratio is associated with several shortcomings. The two most important are the non-applicability of negative…

  3. ZEW Discussion Paper No. 03-74 // 2003

    Measuring Selectivity-Corrected Gender Wage Gaps in the EU

    We investigate different techniques to assess the gender pay gap in five EU countries (France, Germany, Italy, Spain and United Kingdom), focusing on self-selection into market work. Results show that selectivity…

  4. ZEW Discussion Paper No. 03-73 // 2003

    Efficiency, Compensation, and Discrimination: What is at Stake When Implementing the EU Emissions Trading Scheme?

    Abstract: In 2005, an EU-wide emissions trading scheme covering major CO2 producing sites shall comeinto power. The key objective of the trading scheme is to promote cost-efficiency of carbon reduction within…

  5. ZEW Discussion Paper No. 03-72 // 2003

    Bankruptcy and Voluntary Liquidation: Evidence for New Firms in East and West Germany after Unification

    Exploiting the unique economic situation after German unification, I investigate how exit decisions deviate between new firms in a transition and a comparatively stable market environment. Two competing exit…

  6. ZEW Discussion Paper No. 03-71 // 2003

    Eine empirische Analyse von Sanktionen für Arbeitslose in Westdeutschland während der 1980er und 1990er Jahre

    Diese Arbeit soll einen ersten Einblick in die Sanktionsinstrumente Sperrzeit und Säumniszeit für Leistungsempfänger der Bundesanstalt für Arbeit geben. Die Forschung basiert auf umfangreichen…

  7. ZEW Discussion Paper No. 03-70 // 2003

    Reforming Social Welfare in Germany - An Applied General Equilibrium Analysis

    This paper analyses the effects of a social assistance reform in Germany. In contrast to studies which are based on microsimulation methods we use a computable general equilibrium model which incorporates a…

  8. ZEW Discussion Paper No. 03-69 // 2003

    IT, Organizational Change and Wages

    Recent studies emphasize the complementary relationship between information technology and organizational changes. We analyze the wage impact of computer usage at the workplace and of organizational changes in…

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