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. 00-44 // 2000

    The Shadow of Death: An Empirical Analysis of the Pre-Exit Performance of Young German Firms

    This paper makes an empirical contribution to confirm the stylized fact that the performance of firms deteoriates in the years before exit. For this reason we evaluate whether market exits differ significantly…

  2. ZEW Discussion Paper No. 00-43 // 2000

    The Political Economy of EU Enlargement and the Treaty of Nice

    The paper applies standard public choice reasoning to the negotiations on EU enlargement and the Treaty of Nice. The starting point is the assumption that accession can only be successfully completed if the…

  3. ZEW Discussion Paper No. 00-42 // 2000

    Investment Opportunities in Central and Eastern European Equity Markets

    This study focuses on the diversification benefits of the most developed equity markets of Central and Eastern Europe (CEE). To evaluate these benefits of diversification we use so-called spanning tests based on…

  4. ZEW Discussion Paper No. 00-41 // 2000

    Neues von der NAIRU ?

    This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying…

  5. ZEW Discussion Paper No. 00-40 // 2000

    Social Security Strategies and Redistributive Effects in European Social Transfer Systems

    The present paper examines the linkage between social security strategies and redistributive effects in European social transfer systems. It is argued that the various European systems produce different patterns…

  6. ZEW Discussion Paper No. 00-39 // 2000

    New Economy Accounting: Why Are Broad-Based Stock Option Plans So Attractive?

    In recent years stock option plans have become a substantial part of compensation schemes in U.S. companies. While in the beginning companies granted options only to the top-management more and more companies…

  7. ZEW Discussion Paper No. 00-37 // 2000

    Wage Divergence and Unemployment: The Impact of Insider Power and Training Costs

    The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper…

  8. ZEW Discussion Paper No. 00-36 // 2000

    International Spillovers and Feedback: Modelling in a Disequilibrium Framework

    German unification hit the West German economy in a prosperous period and appeared as a huge demand shock at least for the first few quarters. This combination resulted in a major increase of imports from the…