ZEW Economic Studies – serie
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53 produkter
53 produkter
Del 47 - ZEW Economic Studies
Macro Attractiveness and Micro Decisions in the Mutual Fund Industry
An Empirical Analysis
Inbunden, Engelska, 2013
561 kr
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This volume addresses the attractiveness of financial centers with a primary focus on the mutual fund industry. It uses different empirical analysis approaches in an attempt to disentangle the reasons for location attractiveness and in order to identify its influence on fund pricing.
Del 46 - ZEW Economic Studies
Germany's 2005 Welfare Reform
Evaluating Key Characteristics with a Focus on Immigrants
Häftad, Engelska, 2014
1 114 kr
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In January 2005, the German government enacted a substantial reform of the welfare system, the so-called “Hartz IV reform”. It investigates whether a centralized or decentralized organization of welfare administration is more successful to integrate welfare recipients into employment.
Del 48 - ZEW Economic Studies
Public and Private Enforcement of Competition Law in Europe
Legal and Economic Perspectives
Inbunden, Engelska, 2014
995 kr
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Over the past fifteen years, the optimal enforcement of EU competition law has become a major concern. This book contains a unique collection of articles by lawyers and economists on current issues in the public and private enforcement of competition law. Public enforcement has been strengthened in numerous ways – for example, through the introduction of a leniency programme and a substantial increase in fines for competition law violations. At the same time the EU Commission has been promoting private enforcement – for example, by developing a legal framework that grants victims of EU antitrust law infringements access to compensation.The contributions in this book address a range of topics in the area of competition law enforcement, including the role of fines and leniency programmes in public enforcement; access to evidence and the quantification of damages in private enforcement; and the interaction between public and private enforcement of competition law in Europe.
Del 47 - ZEW Economic Studies
Macro Attractiveness and Micro Decisions in the Mutual Fund Industry
An Empirical Analysis
Häftad, Engelska, 2016
561 kr
Skickas inom 10-15 vardagar
This volume addresses the attractiveness of financial centers with a primary focus on the mutual fund industry. It uses different empirical analysis approaches in an attempt to disentangle the reasons for location attractiveness and in order to identify its influence on fund pricing.
Del 48 - ZEW Economic Studies
Public and Private Enforcement of Competition Law in Europe
Legal and Economic Perspectives
Häftad, Engelska, 2016
995 kr
Skickas inom 10-15 vardagar
Over the past fifteen years, the optimal enforcement of EU competition law has become a major concern. This book contains a unique collection of articles by lawyers and economists on current issues in the public and private enforcement of competition law. Public enforcement has been strengthened in numerous ways – for example, through the introduction of a leniency programme and a substantial increase in fines for competition law violations. At the same time the EU Commission has been promoting private enforcement – for example, by developing a legal framework that grants victims of EU antitrust law infringements access to compensation.The contributions in this book address a range of topics in the area of competition law enforcement, including the role of fines and leniency programmes in public enforcement; access to evidence and the quantification of damages in private enforcement; and the interaction between public and private enforcement of competition law in Europe.
Häftad, Engelska, 2002
561 kr
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This book contributes to clarify the conditions of jobs with shorter working hours and reckons the potential for increasing part-time employment in Germany. Two crucial obstacles of part-time employment are addressed: Firstly, the wage structure and its implications for labor supply, and secondly, the lack of job offers for part-time employees. The Netherlands - known as the first part-time economy in the world - is used as a benchmark for the German case. The empirical analyses in this book are based on representative household data for Gemany and the Netherlands.
Del 19 - ZEW Economic Studies
Incomplete European Market for Financial Services
Häftad, Engelska, 2003
544 kr
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The incomplete European market for financial services, the obstacles to its integration and the potential benefits from more integration are subject of this book which is largely focussing on retail markets. The analysis can be regarded as a modernised follow-up to the financial market part of the famous 1988 Cecchini Report "The cost of non Europe". Even in the Euro age, retail financial markets in the EU are heavily fragmented and the consumers pay a large price for this fragmentation. This also weakens the growth perspective of EU and its international role. Explanations originate both from natural and policy-induced factors. Priorities for future policies are the dismantling of tax discriminations and further harmonisation in consumer protection and financial supervision.
Häftad, Engelska, 2003
1 114 kr
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The papers presented in this volume address a wide range of policy themes in the context of environmental regulation. Investigated issues include the interaction between environmental regulation and economic growth, international competitiveness, structural change, pollution leakage, technological innovation, tax systems, as well as implications for intergenerational and intragenerational burden sharing. The contributors mostly employ econometric approaches or computable general equilibrium analysis. Professionals and academics working in the field of environmental policy analysis will consider this book as a valuable source of information.
Del 21 - ZEW Economic Studies
Employment Impacts of Cleaner Production
Häftad, Engelska, 2003
561 kr
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The book provides an empirical analysis of the factors that determine the employment impact of environmental innovations. The multivariate estimations are based on a methodology taking direct and indirect employment effects on the firm level into account. The data are derived from interviews with more than 1500 firms in Germany, Italy, the Netherlands, Switzerland, and the UK specifically conducted for this analysis. In addition to the empirical study based on interviews, case studies from five selected business sectors are used to provide profound insight in the environmental innovation behaviour of the firms.
Del 22 - ZEW Economic Studies
Internationalisation of Young High-Tech Firms
An Empirical Analysis in Germany and the United Kingdom
Häftad, Engelska, 2003
1 114 kr
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The huge economic and social impact of high-tech industries on the fortunes of nation states has been widely recognised in recent years. Therefore, government policies encouraging the creation of new technology-based firms have become a priority in virtually all advanced economies. One factor underpinning the performance and growth of high-tech start-ups is presumably international activity of such firms. This study addresses the issues concerning the critical decision to internationalise. The findings confirm the extent and importance of internationalisation to young high-tech firms in the UK and Germany. Thus, if governments or venture capitalists are interested in the promotion of successful new technology-based firms they must, per force, be also interested in encouraging the processes of internationalisation.
Del 23 - ZEW Economic Studies
Foreign Exchange Intervention as a Monetary Policy Instrument
Evidence for Inflation Targeting Countries
Häftad, Engelska, 2003
561 kr
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Foreign exchange intervention is frequently being used by central banks in countries which have a floating exchange rate.
Häftad, Engelska, 2004
1 082 kr
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In this book the relation between the characteristics of investors' preferences and expectations and equilibrium asset price processes are analysed.
Häftad, Engelska, 2005
1 114 kr
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Some countries are earlier than others in the development and introduction of environmental innovations. Often, the leadership in technological development is accompanied by a leadership in environmental policy. The book provides an analysis of lead markets for innovations such as fuel cells, photovoltaics, and others. Contributions of innovation economics, policy analysis and environmental economics are assessed regarding their potential to explain the leadership of single countries. The book depicts the policy frameworks that are favourable to the creation of such lead markets on the basis of theoretical considerations and case studies. Finally, recommendations for R and D policies, environmental and industrial policies are derived.
Häftad, Engelska, 2004
561 kr
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This doctoral dissertation, submitted to the University of Mannheim, was written during my employment as a research fellow at the Zentrum fiir Europaische Wirtschaftsforschung (ZEW - Centre for European Economic Research) in Mann- heim. My work profited very much from the fruitful environment provided by the ZEW and particularly by the Department of Labour Markets, Human Resources and Social Policy. I am very grateful to my advisor, Professor Wolfgang Franz, for his support and inspiration. I am also indebted to Friedhelm Pfeiffer for encouraging me to work on the topicoftransition from unemployment to self-employment. Also, Part IIIof this study gained very much from the joint work with FriedheIm Pfeiffer. Fur- thermore, I am much obliged to Professor JosefBniderl for evaluating this disser- tation. I would like to thank the "Forderverein Wissenschaft und Praxis am Zentrum fiir Europaische Wirtschaftsforschung e.V." for financial support of part of this study. My work also benefited from the comments and the help of numerous people other than those mentioned above.Knowing that the list of acknowledgement is incomplete, I would like to thank Professor Francois Laisney and Matthias Almus for their valuable comments on the selection models, Professor William Greene for his helpful remarks on the bivariate probit model, Professor John Ham and an anonymous referee for their very valuable comments on preliminary work of this study, and Joachim Keller, Jens Kohlberger and Yibo Ren for providing excellent research assistance. Obviously, all remaining errors are my own responsibility.
Häftad, Engelska, 2004
1 082 kr
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This book contains a synthesis of the results of the project "Climate Change Policy and Global Trade" financed by the European Commission under the Energy, Environment and Sustainable Development programme within the Fifth Framework Programme (Contract N EVK2-CT-2000-00093). The project aimed at providing quantitative insights into the impacts of two important international policy initiatives: (i) multilateral agreements on climate protection strategies, and (ii) trade agreements towards global trade liberalisation. Research in this project involved several institutions: Zentrum fur Europaische Wirtschaftsforschung, Mannheim (ZEW - Centre for European Economic Research, coordinator), ICCS of National Technical University of Athens (ICCSINTUA), Tinbergen Institute, Erasmus University Rotterdam (TI), Middlesex University Business School, London (MUBS), University of Rostock (UROS), and Metroeconomica Limited, Bath (MET). Nikolaos Christoforides (European Commission, DG Research) supervised the project and provided valuable input. We would like to thank him as well as Pierre Valette (DG Research) and Katri Kosonen (DG Taxation) for their helpful comments.The views expressed in this volume are those of the authors and do neither reflect the opinion ofthe Conunission nor ofits officials. Weare obliged to Frauke Eckermann for diligent and dedicative management assistance throughout the project. Furthermore, we would like to thank Andreas Pfeiff, Elisabeth Baier, Patrick Jochem, and Christoph Skupnik for assistance in putting together this book.
Häftad, Engelska, 1998
544 kr
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The successful signing of the Kyoto Protocol showed that there is international consensus about the problem of man-made climate change and that substantial greenhouse gas emission targets will soon be established. Based on the current scientific knowledge about climate change this workshop report analyses the most important economic aspects of man-made climate change and the way effective and efficient policies can be designed to achieve the necessary reductions in greenhouse gas emissions. Additionally, the official versions of the Framework Convention on Climate Change and the Kyoto Protocol are included as a reference for the reader.
Del 2 - ZEW Economic Studies
Agglomeration, Growth, and Adjustment
A Theoretical and Empirical Study of Regional Labor Markets in Germany
Häftad, Engelska, 1998
561 kr
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It is dealt with disparities in employment growth, unemployment, and wages between regional labor markets in Germany. First, endogenous formation and growth of industry locations due to agglomeration economies is established as a basic source of disparity in employment. Then, spatial frictions and local wage inflexibility due to central wage bargaining are detected as causes of unemployment disparities. Throughout the book theoretical analysis is combined with rigorous empirical testing using a large set of regional data at district level. In order to gain and robustify empirical results, recent methods in panel econometrics and spatial data analysis are employed. An overview on the extent of key regional labor market disparities in Germany is given. The book enables to assess our current understanding of the role of locational issues in causing those disparities, and thus to understand the basic justification of regional policy.
Häftad, Engelska, 1999
1 082 kr
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This book provides a synthesis of the energy-related results of the large scale project entitled "Climate Teclmology Strategy within Competitive Energy Markets" partly financed by the European Commission under the Non Nuclear Energy (JOULE III) EU-RTD programme (Contract JOS3-CT95-0008). Research in this project involved several organisations from almost all European Union member states, including: ICCS/NTUA (co-ordinator), CES/KULeuven, GRETA Associati, University of Mannheim/ZEW, ESD Ltd., IEPE/CNRS, IDEI, IPTS/JRC, UCL/CORE, SSE/EFI, KFA/STE, ENSPM-FIICEG, University of Strathclyde, IER/University of Stuttgart, YTT, ETSU, IIASA/ECS, ERASME/CCIP, ECOSIM Cons. Ltd., OME, BPB, CRES. In relation of the "pre-and post-Kyoto" context for Climate Change and also with th respect to the preparation of the y EU-RTD Framework Programme, a large exploitation ofthe results is being made. Huguette Laval of the European Commission, DGXII, was the project scientific officer. With Pierre Yalette, Head of the Unit in DGXII, they have given fruitful I advices for the project. Thanks are given to them.
Del 4 - ZEW Economic Studies
Climate Technology Strategies 2
The Macro-Economic Cost and Benefit of Reducing Greenhouse Gas Emissions in the European Union
Häftad, Engelska, 1999
544 kr
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Climate technology becomes more and more relevant in international environmental policy negotiations. At the Kyoto conference binding emission reduction targets have been established for several regions of the world. The major challenge is how to realize these reduction goals with minimum costs without generating new distributional and social difficulties. The book analyses the macroeconomic structural and distributional impacts of greenhouse gas mitigation strategies for the EU and the member states.
Häftad, Engelska, 1999
1 082 kr
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Most governments in today's market economies spend significant sums of money on labour market programmes. The declared aims of these programmes are to increase the re-employment chances of the unemployed. This book investigates which active labour market programmes in Poland are value for money and which are not. To this end, modern statistical methods are applied to both macro- and microeconomic data. It is shown that training programmes increase, whereas job subsidies and public works decrease the re-employment opportunities of the unemployed. In general, all active labour market policy effects are larger in absolute size for men than for women. By surveying previous studies in the field and outlining the major statistical approaches that are employed in the evaluation literature, the book can be of help to any student interested in programme evaluation irrespective of the paticular programme or country concerned.
Häftad, Engelska, 1999
1 114 kr
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This book investigates whether a lack of wage flexibility is at the root of the unemployment problem in West Germany. In the presence of a skill bias in labor demand, only the choice between higher wage inequality or higher unemployment rates seems to exist. Whether and in what way this line of thought is consistent with the experience of West Germany is scrutinized empirically. The analysis ranges from extensive descriptive evidence on labor market trends to the estimation of a structural model of wage bargaining.
Häftad, Engelska, 1999
544 kr
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Fair and efficient pricing has become increasingly important in international environmental and transport policy. Thus the valuation and internalization of social costs is now a crucial element within strategies towards sustainable mobility. The book provides methods and results from major European and American studies evaluating both social costs of transport and first experiences with their internalization in different contexts: infrastructure planning, urban road pricing and highway tolling. Additionally, complementary non-monetary instruments for a transition towards sustainable mobility are presented and discussed.
Del 8 - ZEW Economic Studies
Germany’s Technological Performance
A Study on Behalf of the German Federal Ministry of Education and Research
Häftad, Engelska, 2000
561 kr
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The research results presented in this book are part of the continuous reporting on the technological performance of the German economy. The indicators of technological performance show a high efficiency of the German innovation system in the short term. With respect to the medium and longer term, however, the expansion of the R&D-intensive sectors, R&D activities in general and start-ups do not seem to be strong enough, and the service sector lacks prominent features in international comparison. While there are potentials, they are not sufficiently being mobilised. The strength of the German innovation system lies in advanced technologies. But Germany is also the technological leader in some areas. Being a "fast follower" by quickly integrating new technologies in innovative products and processes should prove a successful strategy. Innovation policy should promote solutions in all parts of the economy and society.
Del 9 - ZEW Economic Studies
Internationalisation of British Start-up Companies in High-Technology Industries
Häftad, Engelska, 2000
561 kr
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There are 17 million small and medium-sized enterprises (SMEs) in the European Union which play an important role in economic life. Within this subset, increasing recognition is being given to "new technology-based ftrms. " 1 In the literature, different defmitions have been put forward to describe the term new technology-based ftrm (Oakey et a11988; Roberts 1991; Autio 1995; Storey and Tether 1998). Common denominators include that the activity is based on the exploitation of advanced technological know-how, the prior affiliation of founders with research establishments and the entrepreneurial character of the ftrm. Research studies in Europe, North America and the Paciftc Rim have identifted these ftrms' important contributions in new employment creation, export sales growth, product and process innovation and structural adjustment (e. g. Rothwell & Zegveld 1982; OECD 1986; Oakey et a11988; Acs & Audretsch 1991; Roberts 1991; Coopers & Lybrand 1996).While there is a growing body of literature on new technology-based ftrms that concentrates on strategic issues such as access to fmancial resources, growth processes and innovation behaviour (see Storey and Tether 1998, for a review), there has been relatively little research into the process by which young high- technology companies have internationalised. Research activity in the latter fteld has historically been strongly oriented towards large ftrms or, more rarely, towards "traditional transnational SMEs" in the manufacturing sector that often act as suppliers of bigger ftrms and are characterised by simple production technologies and low-technology products (United Nations 1993).
Häftad, Engelska, 2000
1 114 kr
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Innovation-oriented environmental regulation is extremely attractive for policy planners and decision makers, since it is expected that innovations can cut costs of environmental measures and overcome existing trade-offs between economic and ecological goals. The central question is, however, how such a regulatory regime of environmental policy approaches should look like. This book provides an excellent overview of the state of research by presenting and discussing theoretical approaches towards a framework of environmental regulation and innovation, international case studies as well as econometric and modelling studies from Europe and the USA.
Häftad, Engelska, 2000
544 kr
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In the Kyoto Protocol to the UN Framework Convention on Climate Change, industrialized countries agreed on binding absolute targets for greenhouse gas emissions and on the admission of flexible market-economy instruments - such as emissions trading, joint implementation and the clean development mechanism - used for reaching the targets. The contributions in this volume reveal that flexible instruments can lower the costs of climate protection considerably - not only in theory, but also in practice. Concerning implementation, it will be necessary to take care of possible loopholes, uncertainties and transaction costs which may be too high if no proper design is chosen.
Del 12 - ZEW Economic Studies
Endogenous Innovations and Knowledge Spillovers
A Theoretical and Empirical Analysis
Häftad, Engelska, 2000
561 kr
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This book contains a theoretical and empirical analysis of the sources of technological change and economic growth.The first part takes an aggregate view at the growth process. Scale economies and knowledge spillovers are analysed with a broad panel of sectoral data for Germany and the United States.The second part contains a micro analysis of endogenous innovations and knowledge spillovers. The determinants of innovations are analysed and the effects of innovations on productivity and market behaviour are discussed. The models are estimated with a broad panel of firm level data from the ifo firm panel.
Häftad, Engelska, 2001
1 082 kr
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Empirical measurement of impacts of active labour market programmes has started to become a central task of economic researchers. New improved econometric methods have been developed that will probably influence future empirical work in various other fields of economics as well. This volume contains a selection of original papers from leading experts, among them James J. Heckman, Noble Prize Winner 2000 in economics, addressing these econometric issues at the theoretical and empirical level. The theoretical part contains papers on tight bounds of average treatment effects, instrumental variables estimators, impact measurement with multiple programme options and statistical profiling. The empirical part provides the reader with econometric evaluations of active labour market programmes in Canada, Germany, France, Italy, Slovak Republic and Sweden.
Del 14 - ZEW Economic Studies
Lead Markets
Country-Specific Success Factors of the Global Diffusion of Innovations
Häftad, Engelska, 2001
544 kr
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The book answers three questions. First: what is a lead market? Second: what constitutes a lead market? and third: how can companies harness lead markets to generate global innovations? Considering the international, cross-border diffusion of innovations one can observe that a particular technological design such as the facsimile machine, the personal computer or the mobile cellular telephone is often adopted by one country or region ("lead market") much earlier than by other countries. The study suggests a theoretical explanation for the phenomena of lead markets and collects empirical evidence from a detailed case study of the cellular mobile telephone industry. A new innovation development and market entry concept is presented.
Del 15 - ZEW Economic Studies
Effective Tax Burden in Europe
Current Situation, Past Developments and Simulations of Reforms
Häftad, Engelska, 2002
561 kr
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This book summarises the results of a study on behalf of the European Commission. It presents estimates of effective average tax rates (EATR) in five EU Member States plus the USA. The main aim is to compare EATR on domestic investments by companies. A secondary aim is to work out the impact of the different tax drivers on the tax burden. The comparison is made in six stages: - Comparison of the EATR for a base case - Effects of alternative assumptions on the economic data - Comparative effects of the German tax reform from 1 January 2001 - Consequences of the most important tax reforms since 1995 - Effects of hypothetical tax reforms - Comparison with results obtained from other studies.