1. Discussion and Working Paper // 2025

    Regulatory Capacity in a Game of Asymmetric Regulation

    In a model of asymmetric regulation, a firm can comply with two regulatory targets, and a regulator can audit the firm for compliance. Inspection by the regulator is imperfect, and it assesses the firm’s…

  2. Discussion and Working Paper // 2025

    Successful Entrepreneurs Come From the Top of the Earned Income Distribution

    Identifying high growth startups ex-ante and fostering their success is an important policy challenge. Using Swedish registry data, we show that previous labor market earnings of entrepreneurs is a simple…

  3. Refereed Journal // 2025

    Earnings of university dropouts across Europe

    This paper investigates relative earnings of individuals leaving tertiary education without a degree across 18 European countries employing survey data on adult workers. We find that, on average, university…

  4. ZEW-Branchenreport Informationswirtschaft // 2025

    3. Quartal 2025

    • Konjunkturelles Klima hellt sich wieder auf
    • Unternehmen nehmen starke Abhängigkeiten in zentralen Technologiefeldern wahr
  5. ZEW-Finanzmarktreport // 2025

    November 2025

    • Lage und Erwartungen nahezu unverändert
    • Eurozone: Wirtschaftsstimmung verbessert sich leicht
    • USA: Trotz Haushaltskrise nur geringe Erwartungsänderunge
    • China: Erwartungen bleiben neutral
    • Leicht verbesserte…
  6. Refereed Journal // 2025

    Location-based Accessibility and Innovation Performance

    While the importance of local characteristics for innovation activities has been studied extensively, it remains largely unknown to which extent better transport-based accessibilities facilitate innovation. This…

  7. Refereed Journal // 2025

    I'm a taxpayer … get me out of here? Evidence on attitudes towards simplifying the tax jungle

    Why are tax systems complex despite a conventional wisdom that simplification is desirable? We study attitudes towards tax simplification using new survey and experimental data. We first document that most…

  8. ZEW Discussion Paper No. 25-057 // 2025

    Beliefs About Bots: How Employers Plan for AI in White-Collar Work

    We provide experimental evidence on how employers adjust expectations to automation risk in high-skill, white-collar work. Using a randomized information intervention among tax advisors in Germany, we show that…