1. ZEW Discussion Paper Nr. 25-014 // 2025

    Founder Personality and Scaling Decisions in Entrepreneurial Firms

    Personality drives human decision-making. Research on corporate research and development(R&D), however, typically considers strategic decision-making to be independent of the decisionmaker’s personality traits.…

  2. ZEW Discussion Paper Nr. 25-016 // 2025

    Skills, Job Application Strategies, and the Gender Wage Gap: Evidence From Online Freelancing

    This paper examines how worker skills and job application behavior contribute to the gender wage gap on a major online freelancing platform. We observe significant occupational sorting by gender, with women…

  3. Referierte Fachzeitschrift // 2025

    Do managers accept artificial intelligence? Insights into the role of business area and AI functionality

    More and more companies use artificial intelligence (AI). Research aimed to understand acceptance from the perspective of AI users or people affected by AI decisions. However, the perspective of decision-makers…

  4. ZEW Discussion Paper Nr. 25-009 // 2025

    Bidding for Subsidies With One’s Patience

    We study the problem of distributing subsidies in a market that includes both marginal individuals in need of assistance and infra-marginal individuals who would purchase the subsidized product without…

  5. ZEW Discussion Paper Nr. 25-013 // 2025

    The Effect of Taxes on CEO Performance

    In this paper, we investigate the effect of higher personal income taxes on CEO and firm performance in publicly traded US firms. In response to higher taxes on compensation, CEOs are less likely to reach…

  6. ZEW-Finanzmarktreport // 2025

    Februar 2025

    • Aussichten auf Erholung im Vorfeld der Bundestagswahl
    • Eurozone: Wirtschaftsstimmung verbessert sich
    • USA: Inflationssorgen nehmen zu
    • China: Stabilisierung der Lageeinschätzung
    • Konjunkturaufschwung wird sich…
  7. Gutachten // 2025

    The Distributional Effects of EU Carbon Pricing

    The EU member states have committed to achieving climate neutrality, i.e. netzero greenhouse gas (GHG) emissions, by mid-century. The two emissions trading systems (ETSs) in the EU—ETS1 and ETS2—are the lead…

  8. ZEW Discussion Paper Nr. 25-011 // 2025

    Taxes and Pay Without Performance: Evidence From Executives

    This paper contributes to the ongoing discourse on the taxation of top-income earners by empirically investigating the impact of tax policy changes on pay without performance. Using data on executive…

  9. Gutachten // 2025

    Efficiency, Distributional, and Fiscal Effects of Climate Policy: The Case of Fossil Fuel Subsidies and Externalities

    The global public good nature of climate change mitigation and the resulting free-rider problem require a restructuring of the incentives for countries to price fossil energy consumption. Existing empirical…

  10. ZEW Monthly // 2025

    02/2025 – Innovationen

    Die bevorstehende Bundestagswahl wird mit darüber entscheiden, welche politischen Weichen für Innovationen in Deutschland gestellt werden. Innovationen sind der Schlüssel zu Wachstum, Wettbewerbsfähigkeit und…

  11. ZEW Discussion Paper Nr. 25-010 // 2025

    Reverse Engineering and Innovation: Empirical Evidence From a High-Tech Economy

    Reverse engineering allows firms to learn about critical components and design features of competitors' technologies. Historically, reverse engineering has often been used to help technological laggards to…