1. ZEW Discussion Paper No. 13-087 // 2013

    Elasticity of Substitution between Clean and Dirty Energy Inputs - A Macroeconomic Perspective

    Recently Acemolgu, Aghion, Bursztyn and Hemous (AER 2012) formulated a model in which a high macroeconomic elasticity of substitution between clean and dirty production represents a crucial condition for green…

  2. Financial Market Report Switzerland // 2013

    November 2013

    • Highest Level Since May 2010
    • Inflation Expectations Broadly Unchanged
    • Long-Term Interest Rates Expected to Increase
    • Stable EUR/CHF Expected
    • Equities: Positive Sentiment Dominates
    • Special Questions: Medium-Term…
  3. ZEW Newsletter // 2013

    2013-10

    1. News
    2. Call for Papers
      • Annual Conference of the Leibniz ScienceCampus MaCCI - Mannheim Centre for Competition and Innovation (March 14-15, 2014)
      • Second ZEW/IAB/RCEA Workshop on Spatial Dimensions of the Labour …
  4. ZEW Discussion Paper No. 13-086 // 2013

    How Selective Are Real Wage Cuts? A Micro-Analysis Using Linked Employer–Employee Data

    Existing evidence suggests that workers face a low risk of experiencing a real wage reduction. However, there is so far virtually no evidence whether some employee groups are affected stronger by wage cuts than…

  5. Discussion and Working Paper // 2013

    Paid and unpaid labor in non-profit organizations: Does the substitution effect exist?

    In nonprofit organizations (NPOs) volunteers often work alongside paid workers. Such a coproduction setting can lead to tension between the two worker groups. This paper examines for the first time if and how…