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. 02-33 // 2002

    A Note on Pricing and Efficiency in Print Media Industries

    Actors on print media markets face two di®erent (and interrelated) demand curves: the demand for copies and the demand for advertising space. This paper develops a realistic, yet simple, model of print media…

  2. ZEW Discussion Paper No. 02-31 // 2002

    Recycling of Eco-Taxes, Labor Market Effects and the True Cost of Labor - A CGE Analysis

    Computable general equilibrium (CGE) modeling has provided a number of important insights about the interplay between environmental tax policy and the pre-existing tax system. In this paper, we emphasize that a…

  3. ZEW Discussion Paper No. 02-29 // 2002

    Climate Change and the Irreversibility Effect - Combining Expected Utility and MaxiMin

    This paper analyzes decisions on emissions of a stock pollutant under uncertainty in a two period model. Decisions are based on a weighted average of expected utility (EU) and the MaxiMin criterion. I first show…

  4. ZEW Discussion Paper No. 02-28 // 2002

    The Economic and Environmental Implications of the US Repudiation of the Kyoto Protocol and the Subsequent Deals in Bonn and Marrakech

    Taking account of sinks credits as agreed in Bonn and Marrakech, this paper illustrates how market power could be exerted in the absence of the US ratification under Annex 1 trading and explores the potential…

  5. ZEW Discussion Paper No. 02-27 // 2002

    The Benefits of Creating an Integrated EU Market for Investment Funds

    The fast growing EU market for investment funds is still characterised by a continuing relevance of national borders. This papers assesses this market’s degree of integration, the potential benefits from more…

  6. ZEW Discussion Paper No. 02-26 // 2002

    Integration Benefits on EU Retail Credit Markets – Evidence from Interest Rate Pass-through

    Lending and borrowing interest rates are often slow to adjust to changing capital market conditions. This paper argues that national differences of the pass-through speed in the EU can be regarded as a…

  7. ZEW Discussion Paper No. 02-25 // 2002

    Dismantling of a Breakthrough: The Kyoto Protocol - Just Symbolic Policy!

    We show that U.S. withdrawal from the Kyoto Protocol is straightforward under political economy considerations. The reason is that U.S. compliance costs exceed low willingness to pay for dealing with global…

  8. ZEW Discussion Paper No. 02-24 // 2002

    Integration of the European Market for E-Finance – Evidence from Online Brokerage

    The internet revolution is said to foster integration of the market for financial services, since consumers are able to shop around at all companies worldwide and firms can easily offer their services on the…

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