ZEW Discussion Papers

Employee resistance against innovations is a virulent phenomenon and there is a broad theoretical literature on its determinants. The empiri- cal evidence is scarce, however, and mainly provides descriptive…

In this paper we investigate how restrictions for emission trading to the energy-intensive power sector will affect the magnitude and distribution of abatement costs across EU countries vis-à-vis a comprehensive…

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…