Macroeconomic expectations of various economic agents are characterized by substantial cross-sectional heterogeneity. In this paper, we focus on expectations heterogeneity among professional forecasters. We…

This paper explores the connection between the proliferation of cashless, or e-money, payments and value-added tax (VAT) compliance. We present both visual and descriptive evidence that illustrates a negative…

In the past decade, the Creator Economy has witnessed unprecedented growth. This dynamic ecosystem thrives on a multi-sided business model, connecting content creators, users, and advertisers. However, matching…

An eventful year is drawing to a close. In the last issue of this year’s ZEW Monthly, we look back at what shaped 2023. Among other things, we have included selected editorial highlights from research at ZEW…

• ZEW M&A Index Stabilises at Low Level
• Acquiring AI Expertise
• M&A Activities in the Biotechnology Sector
• Hospital Mergers and Acquisitions in Germany

• Schließungen 2022 – Deutliche Zunahme im Verarbeitenden Gewerbe und bei innovativen Branchen

• Lageeinschätzung und Konjunkturerwartungen trotzen der Haushaltskrise
• Eurozone: Erwartete Zinswende bei Stabilisierung der Inflationserwartungen
• USA: Normalisierung der Wirtschaftsindikatoren erwartet
• China…

• Wenig Dynamik bei Konjunktureinschätzung
• ChatGPT & Co. werden Teil des Arbeitsalltags

Motherhood continues to pose significant challenges to women’s careers, and a correct assessment of its effects is crucial for understanding the persistent gender inequality in the labor market. We show that the…

State-owned enterprises (SOEs) provide opportunities for a more flexible and marketbased provision of public services. At the same time, they may impair fiscal transparency and offer politicians discretion in…

This paper provides the first in-depth investigation into the evolution of the wealth gap between CCP and non-CCP households in urban China from 1995 to 2017. We apply unconditional quantile regression (UQR) to…