ZEW Discussion Papers

This paper analyzes the influence of the structure of collective bargaining on foreign direct investment abroad, using a panel of 19 OECD countries in 1980, 1990, and 1994. The degree of centralization as well…

During the next few years, the German football industry will changedramatically. New distribution channels and initial public offerings willlead to large inflows of capital and hence funds for investment.…

We use a stylized model to show that, if transfers to the poor are founded on a security argument, there is a negative trade-off between law enforcement expenditures and criminality. In contrast, if transfers…

We analyze a two-period model, where risk-averse students divide their time between risky education, leisure and work. The education can migrate. Wage-tax financed transfer to students acts as an insurance, and…