1. 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…

  2. 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…

  3. ZEW-Branchenreport Informationswirtschaft // 2025

    3. Quartal 2025

    • Konjunkturelles Klima hellt sich wieder auf
    • Unternehmen nehmen starke Abhängigkeiten in zentralen Technologiefeldern wahr
  4. 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…
  5. 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…

  6. 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…

  7. ZEW policy brief No. 25-13 // 2025

    QDMTTs Leave Geographic Disparity Between Increased Pillar Two Costs and Revenues

    For the better part of the last decade, the global minimum tax, or Pillar Two, has dominated international tax policy discussions. Developing out of the Base Erosion and Profit Shifting (BEPS) Project at the…