ZEW Discussion Papers

This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West German Economy 1980 to 1998. The novelty of the paper is the estimation of a time-varying…

The present paper examines the linkage between social security strategies and redistributive effects in European social transfer systems. It is argued that the various European systems produce different patterns…

In recent years stock option plans have become a substantial part of compensation schemes in U.S. companies. While in the beginning companies granted options only to the top-management more and more companies…

In dieser Studie werden die Anreize für Innovationsaktivitäten von Firmen mit beschränkter und unbeschränkter Haftung untersucht. Innovationen sind mit einem gewissen Risiko behaftet. Firmeneigner können ihr…