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. 05-83 // 2005

    The Dynamics of Overconfidence: Evidence from Stock Market Forecasters

    As a group, market forecasters are egregiously overconfident. In conformity to the dynamic model of overconfidence of Gervais and Odean (2001), successful forecasters become more overconfident. What’s more, more…

  2. ZEW Discussion Paper Nr. 05-82 // 2005

    The Change of Sales Modes in International Markets - Empirical Results for German and British High-Tech Firms

    The choice of the appropriate sales mode belongs to the firm’s most important strategic decisions after entering into a foreign market. Thus, it is important that the selected foreign sales mode best suits a…

  3. ZEW Discussion Paper Nr. 05-81 // 2005

    Persistence of Innovation: Stylised Facts and Panel Data Evidence

    This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data set on German manufacturing and service firms for the period 1994–2002. We find that…

  4. ZEW Discussion Paper Nr. 05-80 // 2005

    Network Externalities and Interconnection Incentives

    The majority of industrial organizations literature on network externalities looks at firm behavior under given market characteristics. The present paper instead asks the question whether the presence of network…

  5. ZEW Discussion Paper Nr. 05-79 // 2005

    Skill Biased Technological Change and Endogenous Benefits: The Dynamics of Unemployment and Wage Inequality

    In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the evolution of average income and when this is not the case. In the former case, an increase…

  6. ZEW Discussion Paper Nr. 05-78 // 2005

    Is a Newspaper's Companion Website a Competing Outlet Channel for the Print Version?

    This paper uses Granger non{causality tests to analyze if channel competition exists between the companion websites of 93 German newspapers observed between I/1998 and II/2005. It provides econometric evidence…

  7. ZEW Discussion Paper Nr. 05-77 // 2005

    Employment Effects of the Provision of Specific Professional Skills and Techniques in Germany

    Based on unique administrative data, which has only recently become available, this paper estimates the employment effects of the most important type of public sector sponsored training in Germany, namely the…

  8. ZEW Discussion Paper Nr. 05-76 // 2005

    Arbeitszufriedenheit und Fluktuation im Post Merger Integrationsprozess

    Zahlreiche Studien weisen auf hohe Misserfolgsquoten von Unternehmenszusammenschlüssen hin, messen dies jedoch vor allem anhand finanzieller Indikatoren, während eine mitarbeiterbezogene Betrachtung unterbleibt.…

  9. ZEW Discussion Paper Nr. 05-75 // 2005

    Does Public Scientific Research Complement Industry R&D Investment? The Case of NIH Supported Basic and Clinical Research and Pharmaceutical Industry R&D

    This research investigates the hypothesis that publicly funded scientific research complements private R&D investment in the pharmaceutical industry. New microlevel data on public research investment by the…

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