1. ZEW-Finanzmarktreport // 2021

    Juni 2021

    • Konjunkturausblick verbessert sich deutlich
    • Euroraum: Konjunkturerwartungen steigen deutlich
    • USA: Lageeinschätzung erneut deutlich positiv
    • China: Konjunkturausblick weiterhin sehr positiv
    • Sonderfrage:…
  2. ZEW Discussion Paper Nr. 21-042 // 2021

    Innovation in Malmö After the Öresund Bridge

    We analyze the effect of the Öresund Bridge, a combined railway and motorway bridge between Swedish Malmö and the Danish capital Copenhagen, on inventive activity in the region of Malmö. Applying…

  3. ZEW Discussion Paper Nr. 21-041 // 2021

    Precocious Inventors: Early Patenting Success and Lifetime Inventive Performance

    This paper shows that inventors with an early patenting success have a higher inventive productivity during their remaining career. We use European patent data for a period of 32 years for 1240 German inventors.…

  4. ZEW Discussion Paper Nr. 21-040 // 2021

    Are Your Tax Problems an Opportunity Not to Pay Taxes? Evidence From a Randomized Survey Experiment

    Taxpayers often view tax rules and filing processes as complicated. In this paper I study whether the perceived tax uncertainty among peers leads to a reduction of voluntary tax compliance. I find strong…

  5. ZEW Discussion Paper Nr. 21-039 // 2021

    How Effective Is Carbon Pricing? – A Machine Learning Approach to Policy Evaluation

    While carbon taxes are generally seen as a rational policy response to climate change, knowledge about their performance from an expost perspective is still limited. This paper analyzes the emissions and cost…

  6. ZEW Discussion Paper Nr. 21-038 // 2021

    Direct, Spillover and Welfare Effects of Regional Firm Subsidies

    We analyze the effects of a large place-based policy, subsidizing up to 50% of investment costs of manufacturing firms in East Germany after reunification. We show that a 1-percentage-point decrease in the…

  7. ZEW-Kurzexpertise Nr. 21-03 // 2021

    Dispelling the Shadow of Fiscal Dominance?

    The COVID-19 pandemic has put the public finances of industrial countries under severe stress. The resulting recession has not only led to shortfalls in tax revenues but also to increased public expenditures.…