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• Events // 09.10.2025

  Sixth International ZEW Conference on the Dynamics of Entrepreneurship (CoDE)

  as well as its challenges for public policies and its implications for employment, income and economic growth. We welcome theoretical, empirical and/or policy-oriented contributions on all areas [...] workplace quality in entrepreneurial firms Impact and efficiency of public entrepreneurship policies
• Publications // 13.12.2024

  ZEW Discussion Paper - The Making of China and India in the 21st Century: Long-Run Human Capital Accumulation From 1900 to 2020

  emphasis on vocational education and engineering than India. We highlight the role of educational policies in shaping these trajectories. Our findings on differences in the human capital accumulation in
• Publications // 12.12.2024

  ZEW Discussion Paper - Transporting Behavioral Insights to Low-Income Households: A Field Experiment on Energy Efficiency Investments

  “behavioral insights” are likely components of future policy designs. Applying well-established behavioral insights to low-income households raises questions of transportability as they are typically [...] 800 low-income households in Germany’s “Refrigerator Replacement Program”, we find that the transportability problem is real and consequential: First, the most effective policy design [...] violating ‘do no harm’ principles of policy advice. Systematic testing remains crucial for addressing the transportability problem, particularly for policies targeting vulnerable groups.
• Events // 25.09.2024

  The Cold War and US Labor Markets

  GDP) explains a significant share of the decline in manufacturing employment and the rise of top-ten income share. On the labor-supply side, the Cold-War-era draft removed millions of young men from the civilian [...] then argue that the Cold War produced a working-class voting bloc in support of hawkish military policy and increase military spending. In the peak of the ColdWar in the 1950s, the authors find that union
• Events // 19.09.2024

  Interest Rate Shocks, Household Portfolios and Bank Deposits

  understanding of household money demand and the credit channel of monetary policy. They also inform policy makers on how monetary policy conditions affect risk-taking by retail investors. [...] The introduction of a negative policy rate leads to an immediate reallocation of investment flows by retail investors. Investors allocate less funds to fixed income securities, and more funds to both [...] main analysis, they examine the response of investors’ portfolios to the introduction of a negative policy rate in Switzerland in January 2015. Examining heterogeneity across the wealth distribution, the
• Events // 24.10.2024

  Beyond Bars How Sentence Types Shape Ex-Felons’ Transition into Entrepreneurship and Reintegration

  Recent research and policy initiatives suggest that entrepreneurship serves as a pathway for reintegrating ex-felons into the labor market by reducing the stigma they face among prospective employers [...] ex-felons who turn to entrepreneurship - especially after having been incarcerated - suffer a persistent income disadvantage afterwards and exhibit higher rates of recidivism than those who find regular employment
• Publications // 22.07.2024

  ZEW Discussion Paper - On the Role of EU Cohesion Policy for Climate Policy

  of EU cohesion policy are contrasted with the necessities of climate policy in order to fight climate change. Potential conflicts between the goals of cohesion policy and climate policy are highlighted [...] political economics perspective, EU structural funds and their instruments of cohesion policy, but also EU agricultural policy, are interpreted as providing for a compensation for poorer member countries’ [...] Cohesion policy in the European Union (EU) has been widely accepted as a tool to advance the catch-up process, i.e., helping member countries with lower GDP per capita to grow faster economically in order
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  News // 25.06.2024

  “More Job Changes Would Benefit Us”

  associations. I wouldn’t jump to conclusions. The government has launched a process aiming for economic policy reforms. That is a good start. I regularly speak with representatives from the Federal Chancellery [...] regard. HB: Finance Minister Christian Lindner has proposed giving foreign professionals discounts on income tax. That might help a bit. But it doesn’t address the issue of our own skilled professionals leaving
• Publications // 18.06.2024

  Refereed Journal - Long-run consequences of informal elderly care and implications of public long-term care insurance

  depend on age, previous earnings, and institutional regulations. Policy simulations suggest that while public long-term care insurance policies are fiscally costly and induce negative labor market effects [...] they can largely offset the personal costs of caregiving and increase welfare, especially for low-income individuals.
• Publications // 17.06.2024

  ZEW Discussion Paper - The Distributional Effects of Place-Based Policies in the EU

  distributional effects of place-based policies in general and EU regional policy in particular. The evidence from this literature suggests that while place-based policies can reduce inequalities between regions [...] This chapter examines the distributional effects of place-based policies in the EU. In a first step, it characterizes existing income inequalities in the EU and distinguishes between their interregional [...] increase inequalities within regions. The chapter concludes with a discussion of policy recommendations for EU regional policy that can be derived from these findings.