ZEW Discussion Papers

This paper analyzes the influence of the structure of collective bargaining on foreign direct investment abroad, using a panel of 19 OECD countries in 1980, 1990, and 1994. The degree of centralization as well…

A rational financial constitution of the EU should be able to fulfil redistributive objectives at minimum costs. The present financial system of the Community is not compatible with this requirement. After the…

At the turn of the millenium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled-biased technological progress, the increasing international…

At the turn of the millenium three frequently cited potential causes of new challenges for wage policy in Germany are revisited in this study: skilled-biased technological progress, the increasing international…

During the next few years, the German football industry will changedramatically. New distribution channels and initial public offerings willlead to large inflows of capital and hence funds for investment.…

This paper challenges the assertion that European politics would be closer to the citizens preferences if decision power were transferred from the Council of Ministers to the European Parliament. On the one…

We use a stylized model to show that, if transfers to the poor are founded on a security argument, there is a negative trade-off between law enforcement expenditures and criminality. In contrast, if transfers…

The Kyoto Protocol marks a break-through in global warming mitigation policies as it sets legally binding emissions targets for major emitting regions. However, realisation of the Protocol depends on the…

We analyze a two-period model, where risk-averse students divide their time between risky education, leisure and work. The education can migrate. Wage-tax financed transfer to students acts as an insurance, and…