ZEW Discussion Papers

ZEW Discussion Papers
ZEW Discussion Papers
Periodical ZEW Publications
Publication Series
ZEW Expertises & Research Reports
External Research Publications

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. 98-19 // 1998

    Electoral Competition under Media Influence

    We suggest a model of electoral competition between two parties which is extended by a third player: mass media. The classical one-dimensional competition model is changed by introducing an issue-specific…

    Environmental and Climate Economics
  2. ZEW Discussion Paper No. 98-18 // 1998

    Why Hedge ? - A Critical Review of Theory and Empirical Evidence

    Finance theory does not provide a comprehensive framework for explaining risk management within the imperfect financial environment in which firms operate. Corporate managers, however, rank risk management as…

    Pensions and Sustainable Financial...
  3. ZEW Discussion Paper No. 98-17 // 1998

    Finanzierungsstrukturen im Vergleich. Eine Analyse europäischer Unternehmen

    Corporate Taxation and Public Finance
  4. ZEW Discussion Paper No. 98-16 // 1998

    Socio-economic and demographic factors of crime in Germany: Evidence from panel data of the German States

    Our study is based on the traditional Becker-Ehrlich deterrence model, but we analyse the model in the face of currently discussed factors of crime like demographic changes, youth-unemployment and income…

    Labour Markets and Social Insurance
  5. ZEW Discussion Paper No. 98-15 // 1998

    Tradable SO2-Permits in the European Union: A Practicable Scheme for Public Utilities

    In this paper, a practicable scheme of SO2-emission permits for European power producers is developed. Background is the second UN-ECE Sulphur Protocol from 1994 (Protocol of Oslo). After discussing some…

    Environmental and Climate Economics
  6. ZEW Discussion Paper No. 98-14 // 1998

    Innovationsstrategien und Forschungsaktivitäten ostdeutscher Unternehmen

    This paper deals with the innovation behavior and the R&D activities at the firm level in East Germany. The theoretical and empirical analyses lead to the conclusion that the relatively low level of the R&D…

    Economics of Innovation and Industrial...
  7. ZEW Discussion Paper No. 98-13 // 1998

    Shock around the Clock - On the Casual Relations Between International Stock Markets, the Strength of Causality and the Intensity of Shock Transmission. An Econometric Analysis

    This paper investigates empirically the interrelationships between the daily stock market returns of the Nikkei 225, DAX and Dow Jones Industrial index. Contrary to former work this paper uses the succession of…

    Pensions and Sustainable Financial...
  8. ZEW Discussion Paper No. 98-12 // 1998

    Climate Change Policy and Burden Sharing in the European Union - Applying Alternative Equity Rules to a CGE-framework

    The objective of this paper is to present different equity rules that can be applied to the initial allocation of greenhouse gas entitlements and to analyse the potential impacts of these rules EU-wide as well…

    Environmental and Climate Economics
  9. ZEW Discussion Paper No. 98-11 // 1998

    Wer ist noch Mitglied in Gewerkschaften? Eine Panelanalyse für Westdeutschland

    Labour Markets and Social Insurance

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