ZEW Discussion Papers

Überblick

Mit diesen Beiträgen, die überwiegend in Englisch verfasst sind, beteiligen sich die Forscher/innen des ZEW an wissenschaftlichen Fachdebatten. Die Publikationen enthalten vorläufige Beiträge, die zur Veröffentlichung in Fachzeitschriften vorgesehen sind. Die Discussion Papers können ab 1.1.1998 als pdf-Datei abgerufen werden. Sie richten sich an nationale und internationale Zielgruppen.

  1. ZEW Discussion Paper Nr. 02-32 // 2002

    Der Einfluss ökologischer und sozialer Nachhaltigkeit auf den Shareholder Value europäischer Aktiengesellschaften

    Dieses Papier betrachtet den Effekt der Umwelt- und Sozialperformance europäischer Unternehmen auf deren Shareholder Value. Der Shareholder Value wird dabei mit der durchschnittlichen monatlichen Aktienrendite…

  2. ZEW Discussion Paper Nr. 02-31 // 2002

    Recycling of Eco-Taxes, Labor Market Effects and the True Cost of Labor - A CGE Analysis

    Computable general equilibrium (CGE) modeling has provided a number of important insights about the interplay between environmental tax policy and the pre-existing tax system. In this paper, we emphasize that a…

  3. ZEW Discussion Paper Nr. 02-30 // 2002

    In Search of a Rationale for Differentiated Environmental Taxes

    Environmental tax schemes in OECD countries often involve tax rates differentiated across industrial, commercial and household sectors. In this paper, we investigate four potentially important arguments for…

  4. ZEW Discussion Paper Nr. 02-29 // 2002

    Climate Change and the Irreversibility Effect - Combining Expected Utility and MaxiMin

    This paper analyzes decisions on emissions of a stock pollutant under uncertainty in a two period model. Decisions are based on a weighted average of expected utility (EU) and the MaxiMin criterion. I first…

  5. ZEW Discussion Paper Nr. 02-28 // 2002

    The Economic and Environmental Implications of the US Repudiation of the Kyoto Protocol and the Subsequent Deals in Bonn and Marrakech

    Taking account of sinks credits as agreed in Bonn and Marrakech, this paper illustrates how market power could be exerted in the absence of the US ratification under Annex 1 trading and explores the potential…

  6. ZEW Discussion Paper Nr. 02-27 // 2002

    The Benefits of Creating an Integrated EU Market for Investment Funds

    The fast growing EU market for investment funds is still characterised by a continuing relevance of national borders. This papers assesses this market’s degree of integration, the potential benefits from more…

  7. ZEW Discussion Paper Nr. 02-26 // 2002

    Integration Benefits on EU Retail Credit Markets – Evidence from Interest Rate Pass-through

    Lending and borrowing interest rates are often slow to adjust to changing capital market conditions. This paper argues that national differences of the pass-through speed in the EU can be regarded as a…

  8. ZEW Discussion Paper Nr. 02-25 // 2002

    Dismantling of a Breakthrough: The Kyoto Protocol - Just Symbolic Policy!

    We show that U.S. withdrawal from the Kyoto Protocol is straightforward under political economy considerations. The reason is that U.S. compliance costs exceed low willingness to pay for dealing with global…

  9. ZEW Discussion Paper Nr. 02-24 // 2002

    Integration of the European Market for E-Finance – Evidence from Online Brokerage

    The internet revolution is said to foster integration of the market for financial services, since consumers are able to shop around at all companies worldwide and firms can easily offer their services on the…

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Kerstin Heres

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