ZEW Discussion Papers

This study investigates how elements of a survey invitation message targeted to businesses influence their participation in a self-administered web survey. We implement a full factorial experiment varying five…

We use the National Longitudinal Study of Adolescent to Adult Health to explore how high school peers’ grit, a personality trait characterized by perseverance and passion, influences long-term outcomes…

We explore the association between signaling and conducting innovation collaborations with public research organizations and firms’ revenues from firm and market novelties. Based on data from the German…

Economic crises can have substantial impacts on companies and their stakeholders. The ability of organizations to manage and cope with crises is therefore central to the direction and severity of their impact.…

How does government control over mass media affect banking system? Our theoretical model predicts that if the media are biased, depositors are less likely to run on their bank, but also less likely to deposit…

We study how framing interplays with information design. Whereas Sender conceives all contingencies separately, Receiver cannot initially distinguish among some of them, i.e., has a coarse frame. To influence…

Women are less likely to correctly answer the “Big-3” financial literacy questions, and a substantial share of the gap reflects women’s lower confidence. In our experiment, women are more likely to choose “do…

We study how households adjust their medium-term inflation expectations under the new ECB inflation targeting strategy. Survey respondents make little difference between the previous strategy of targeting…

We examine a setting of independent private value auctions where bidders can covertly acquire gradual information about their valuations. We demonstrate that a dynamic pivot mechanism implements the rst-best…