1. ZEW Discussion Paper Nr. 25-058 // 2025

    The Dynamic Impact of Refugee Immigration on Native Workers

    We study how low and medium-skilled refugee immigration affects natives’ labor market outcomes. Using individual-level panel data on the German workforce for 2011–2019 and exogenous regional variation from…

  2. ZEW Monthly // 2025

    10/2025 – Ökologie mitdenken

    Nachhaltigkeit endet nicht bei ökologischen Zielen – sie greift tief in soziale und wirtschaftliche Prozesse ein. Doch wo Ziele aufeinandertreffen, entstehen Spannungen: Besserer Arbeitsschutz kann Emissionen…

  3. ZEW Discussion Paper Nr. 25-056 // 2025

    Holy Days, Lost Days?

    Do public holidays affect economic output? In Germany, strict Sunday trading restrictions create a natural experiment. When public holidays fall on Sundays, they typicallydo not impose additional constraints on…

  4. ZEW Discussion Paper Nr. 25-054 // 2025

    The Demand for Economic Narratives

    Economic narratives are pervasive in the public discourse and can shape individual behavior. But so far we know very little about whether households actually demand and value narratives as information. We…

  5. ZEW Discussion Paper Nr. 25-053 // 2025

    OECD Pillar Two Compliance Costs: A Quantitative Assessment for EU-Headquartered Groups

    This study examines the compliance costs of OECD Pillar Two, i.e., the “Global Minimum Tax,” for multinational enterprises headquartered in the European Union. Collecting data from chief financial officers and…

  6. ZEW Discussion Paper Nr. 25-055 // 2025

    The Anatomy of U.S. Sick Leave Schemes: Evidence From Public School Teachers

    We study how public school teachers use paid sick leave. Most US sick leave schemes operate as individualized credit accounts: Paid leave is earned, and unused leave accumulates. We construct a unique dataset of…

  7. Referierte Fachzeitschrift // 2025

    Gender Differences in Financial Advice

    Based on data gathered from 27,000 real-world meetings between financial advisors and clients of a large German bank, we show that advisors offer more self-serving advice to women, while men are more likely to…

  8. ZEW Discussion Paper Nr. 25-049 // 2025

    Human Capital, Unequal Opportunities and Productivity Convergence: A Global Historical Perspective, 1800–2100

    This paper constructs a new global historical database on public expenditure and revenue and their components—particularly education and health expenditure—covering all world regions over the 1800-2025 period.…