ZEW Discussion Papers

Do financial market analysts use structural economic models whenforecasting exchange rates? This is the leading question analysedin this paper. In contrast to other studies we use expectations datainstead of…

This paper investigates the impact of modern information and communication technologies on the demand for heterogeneous labor. It starts with an interrelated factor demand system. The "desired" level of…

This study deals with the determinants of factor demand in 27 industries of the manufacturing sector during the period 1978 to 1990. Using a quadratic cost function, six production factors are distinguished:…

This empirical analysis deals with the determinants of growth and the explanation of variations in the growth between innovative and non-innovative start-ups. Based on theoretical models explaining the growth of…

Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to consequences for the exchange rate. This might lower fiscal discipline. In order to shed…

In April 1995, 5.3 million people in Germany were on the lookout for a new job opportunity. 177,000 or nearly 3% of those were searching for an opportunity to get self-employed. In this study the determinants of…

The present paper deals with the question whether "Gibrat's law" is applicable to firms founded between 1989 and 1996 within the Western German manufacturing sector or not. The underlying assumption is that size…

While the potential merits of the German apprenticeship training system seem to be fairly well documented, relatively little is known about those youths who, at one point or another, do not follow the usual…