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News from ZEW, Centre for European Economic Research



ZEW's newsfeed keeps you informed about news and press releases from ZEW, publications, career opportunities as well as events.



 



Aktuell: Quo Vadis? – RWE Boss Schmitz to Discuss Germany’s Energy Transition at ZEW

Fri, 16 Feb 2018 00:00:00 +0100

The energy transition represents a unique opportunity for Germany. What have we achieved so far? Where do we go from here? What sort of framework must the next German government create to guarantee the success of the transition to renewable energy? These are the questions that Dr. Rolf Martin Schmitz, CEO of RWE AG, will be addressing in a talk taking place at 6 p.m. on 20 February 2018 at the Centre for European Economic Research . The talk is part of the institute’s lecture series “First-Hand Information on Economic Policy”.



ZEW Discussion Papers DP No. 18-008: "Brain Gain" on Wikipedia: Immigrants Return Knowledge Home

Wed, 14 Feb 2018 11:36:54 +0100

Economic literature acknowledges the impact of immigration on cross-border patenting and scientific publications. However, the role of immigration ows in the dissemination of knowledge in a broader sense is yet to be assessed. In this paper, I estimate the effect of immigration on the facilitation of online knowledge reagrding destination countries in the native languages of immigrants. To quantify online knowledge, I focus on one of the world's most viewed online knowledge platforms, Wikipedia.I combine data on immigration ows between the pairs of immigrants' origin and destination countries with contributions to Wikipedia describing the countries of immigrants' destinations in the...



Press Release: Families and Older People Would Benefit the Most from Germany’s “Grand Coalition”

Wed, 14 Feb 2018 00:00:00 +0100

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Alongside families, pensioners will benefit the most financially from the planned reforms put forward by Germany’s potential new coalition government, the “Grand Coalition” made up of the CDU, CSU and SPD. If current positive economic trends continue until 2025, the age group to benefit the most from these reforms will be the over-65s, who will be on average 622 euros better off a year per household. Only if nursery school fees are completely scrapped will the 26 to 39 age bracket be better off than pensioners, seeing an increase in their annual household income of 743 euros. If the economic climate worsens, however, the 48 per cent limit for pensions will become more expensive, leading...



ZEW Discussion Papers DP No. 18-007: The European Union Emissions Trading Scheme and Fuel Efficiency of Fossil Fuel Power Plants in Germany

Tue, 13 Feb 2018 16:48:43 +0100

I investigate the impact of the European Union Emissions Trading Scheme on fuel efficiency of fossil fuel power plants using administrative micro data on power plants in Germany from 2003 to 2012. I find positive efficiency effects in fuel use, leading to a decrease in fuel input of 0.4 percent for an increase in carbon cost of one Euro. A back-of-the-envelope calculation suggests that the reduction in fuel use by fossil fuel power plants due to the introduction of the EU ETS translates into reductions in annual carbon emissions within the German electricity sector by around seven million tonnes in 2012. This represents about 2.4 percent of total annual carbon emissions in the German...



ZEW Discussion Papers DP No. 18-006: Sharing is not Caring: Backward Integration of Consumers

Tue, 13 Feb 2018 16:45:10 +0100

A new type of player occurs in the sharing economy: a vertically integrated consumer who owns production facilities and has direct market access, often termed “active prosumer”. The prosumer faces a trade-off between market transaction cost and substantial strategic potential to influence both market demand and supply by her decisions. We discuss optimal marketing and production decisions in light of this trade-off. An empirical application to the German-Austrian electricity market demonstrates substantial incentives for active market participation by recently added decentralized renewables production. Prosumers can achieve considerable profit increases by switching roles of net market...



Aktuell: Horizon 2020 Project FRAME Supports Policy Makers to Create Innovative Solutions

Tue, 13 Feb 2018 00:00:00 +0100

How can we stop global warming? How can we avoid economic crises? What does the ageing population mean for the global economy? These are just some of the challenges that societies in Europe are facing, and innovative solutions are needed to cope with them. The EU-funded project FRAME tackles these challenges by deepening our understanding of the determinants of knowledge diffusion. This way FRAME aims to help policy makers find better solutions.



Press Release: Indicator of Economic Sentiment for China Continues to Improve Significantly

Tue, 13 Feb 2018 00:00:00 +0100

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In the most recent survey conducted in February expectations for the Chinese economy have improved again, with the CEP indicator climbing to 14.7 points. This corresponds to an increase of 13.6 points compared to January, and an impressive hike of 25.4 points compared to December 2017. According to the CEP Indicator, which reflects the expectations of international financial market experts regarding China’s macroeconomic development over the coming twelve months, a significant improvement in the economic outlook for China has thus taken place since the end of last year.



Press Release: EU General Data Protection Regulation – German Businesses Under Pressure to Adapt

Tue, 13 Feb 2018 00:00:00 +0100

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Merely half of the companies in the German information economy have so far dealt with the need to adapt to the new General Data Protection Regulation , which will become binding for all businesses and government bodies operating in the EU in May 2018. Due to its high service intensity, the German information economy is likely to be particularly affected by the GDPR, and is thus increasingly coming under pressure to adapt to this new EU regulation. This is the result of a representative survey among approximately 700 companies in the German information economy with five or more employees, conducted by the Centre for European Economic Research , Mannheim, in December 2017.



Aktuell: Andreas Irmen Visiting Researcher at ZEW

Mon, 12 Feb 2018 00:00:00 +0100

Professor Andreas Irmen is a visiting researcher in ZEW’s Research Department “Economics of Innovation and Industrial Dynamics” from 1 to 28 February 2018. He is professor in Macroeconomics and Applied Microeconomics at the Centre for Research in Economics and Management of the University of Luxembourg. His research interests focus on economic growth, the economics of the welfare state, general macroeconomics and industrial economics. During his stay, he will particularly concentrate on the causes and consequences of a tendency in the digital age to replace manpower with machinery.



ZEW Discussion Papers DP No. 18-005: Public Investment in R&D in Reaction to Economic Crises – A Longitudinal Study for OECD Countries

Fri, 09 Feb 2018 09:45:21 +0100

The paper investigates the reaction of public R&D spending on economic crises. We are interested in two counteracting motives: On the one hand, public R&D spending can be seen as a means to fight the crisis, and governments may decide to increase their R&D budgets. On the other hand, a crisis reduces public income and urges governments to cut spending, which may negatively affect public R&D budgets. Using panel data from 26 OECD countries over the period 1995 to 2015, we investigate how public R&D expenditure changes over the business cycle for different types of government R&D expenditure. On average, we find evidence for a strong pro-cyclical effect on public R&D investments. But...



Aktuell: ZEW Employee Lucie Berger Successfully Completes Vocational Training

Fri, 09 Feb 2018 00:00:00 +0100

ZEW employee Lucie Berger has successfully completed her training as an office administrator with additional qualifications as a multilingual administrative assistant and project assistant. ZEW congratulates Ms. Berger on completing her training and hopes to support further vocational training programmes recognised by the Chamber of Industry and Commerce in the future.



Press Release: Europe’s Innovation Gap is Widening

Fri, 09 Feb 2018 00:00:00 +0100

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National governments respond very differently to economic crises in terms of spending on research and development . This has created an innovation gap between the countries of Europe that is growing ever wider. This is the main finding of a study carried out by the Centre for European Economic Research , Mannheim.



Press Release: Innovation Expenditure in the German Economy Reaches New Record High

Thu, 08 Feb 2018 00:00:00 +0100

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German businesses slightly increased their expenditure on innovation in 2016, pushing innovation spending to a new record high. German companies spent a total of 158.8 billion euros on innovation projects, which corresponds to a two per cent increase compared to the previous year and represents the highest level ever recorded. In 2017 and 2018, many companies are planning to further intensify their investment in innovation. Both large enterprises and small and medium-sized enterprises increased their expenditure on innovation in 2016. During the same observation period, however, there was a decrease in the share of the companies carrying out research and development projects.



Press Release: Public Procurement Can Speed up Innovation

Wed, 07 Feb 2018 00:00:00 +0100

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In Germany, public procurement is a successful instrument to speed up the introduction of innovative goods and services in companies. This is the result of a study carried out jointly by the Centre for European Economic Research in Mannheim, KU Leuven and Maastricht University. If tender calls in the public sector are explicitly aimed at the development of new technologies, this can bring about a general increase in the innovation activity of German businesses.



Aktuell: Professor Irene Bertschek Attends 2018 Digital Summit

Mon, 05 Feb 2018 00:00:00 +0100

Professor Irene Bertschek, head of the Research Department “Digital Economy” at the Centre for European Economic Research , presented the main findings of the Monitoring Report DIGITAL Economy Baden-Württemberg today at the “2018 Digital Summit – Economy 4.0 Baden-Württemberg” in Stuttgart.



Press Release: Cyber Security: The Achilles Heel of Digital Transformation

Mon, 05 Feb 2018 00:00:00 +0100

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As a result of the increasing digitalisation of the economy, cyber security is becoming more and more important. That is, at least according to 90 per cent of companies based in Baden-Württemberg. The majority of these companies also believe that the importance of cyber security is only going to grow over the coming years. The biggest cyber threat as perceived by firms is the intentional manipulation of their IT infrastructure and data by outsiders. This is the main finding of the newly released Monitoring Report DIGITAL Economy Baden-Württemberg compiled by the Centre for European Economic Research , Mannheim, in cooperation with Kantar TNS on behalf of the Ministry of Economic Affairs,...



Aktuell: School Competition YES! About to Kick Off in 2018

Fri, 02 Feb 2018 00:00:00 +0100

Digitalisation, fair taxation, sustainability and populism – these are just some of the challenges facing our society and economy. We are more in need of creative and innovative ideas than ever before, particularly from the younger generation. The YES! – Young Economic Summit, Germany’s biggest high school competition based on social and economic issues, returns for 2018, with the Centre for European Economic Research , Mannheim, once again serving as a scientific partner. Five teams of students from schools in Baden-Württemberg, Rhineland-Palatinate and Saarland will be coming to ZEW for the Southwest region kick-off in the week of 5–9 February 2018.









Press Release: Yellen Is Leaving the Fed in Good Shape

Wed, 31 Jan 2018 00:00:00 +0100

In Janet Yellen’s last meeting as chairwoman, the US Federal Reserve decided to leave the federal funds rate unchanged. After a rate hike in December 2017, the Federal Open Market Committee has decided to keep its benchmark rate in a range between 1.25 and 1.5 per cent. Professor Friedrich Heinemann, head of the ZEW Research Department “Corporate Taxation and Public Finance” at the Centre for European Economic Research in Mannheim, comments on the Fed’s decision:



Aktuell: German Chancellor Fellow Conducting Research on the Future of Mobility at ZEW

Tue, 30 Jan 2018 00:00:00 +0100

Valentina Kolunova, a research fellow taking part in the one-year German Chancellor Fellowship programme, has been working in the ZEW Research Department “Economics of Innovation and Industrial Dynamics” since 1 November 2017. This highly renowned programme sponsored by the Alexander von Humboldt Foundation aims to promote the international leaders of tomorrow. As a host institute, the Centre for European Economic Research , Mannheim, will be supporting Valentina Kolunova in her research project on the development of the automotive industry in Russia.



Aktuell: Brexit Conference at ZEW Sparks Heated Debate

Mon, 29 Jan 2018 00:00:00 +0100

The impending departure of Britain from the EU means a reshuffling of the trade policy cards held by both sides. A range of economic and legal arguments can be made to support alternating views of who will ultimately profit from the Brexit negotiations, and in what form. At the conference “Trade Relations after Brexit: Impetus for the Negotiation Process”, held on 25–26 January 2018 at the Centre for European Economic Research in Mannheim, economists and policymakers debated the most efficient way forward in the Brexit process.



First-Hand Information on Economic Policy on 20 February 2018: Talk by Dr. Rolf Martin Schmitz, Chairman of the Executive Board and Chief Executive Officer of RWE AG

Sun, 21 Jan 2018 00:00:00 +0100

First-Hand Information on Economic Policy on 20 February 2018
Title: Talk by Dr. Rolf Martin Schmitz, Chairman of the Executive Board and Chief Executive Officer of RWE AG
Location: ZEW, L 7,1 D-68161 Mannheim

Detailed information will follow soon.




ZEW-Gutachten: Analysis of US Corporate Tax Reform Proposals and their Effects for Europe and Germany

Mon, 08 Jan 2018 11:09:19 +0100

The project deals with the current US corporate tax reform proposal. Despite details being subject to change, a reduction in corporate tax rate and abolishment of the worldwide income system seems most likely. In case the reform gets implemented, the US will improve its global tax position substantially. Therefore, the aim of the project is to assess the impact of the proposed tax reform on European countries. The main focus of the project is on the change of incentives for cross-border investments. In addition, implications for the competitiveness of European countries and possible countermeasure strategies are discussed.



Expert Seminar on 7 March 2018: Scientific Talks - Excellent Science Requires Excellent Presentation Skills

Wed, 06 Sep 2017 16:25:53 +0200

Expert Seminar on 7 March 2018
Title: Scientific Talks - Excellent Science Requires Excellent Presentation Skills
Location:

Giving a presentation puts you on public display. In many ways your research reputation will be enhanced or diminished. Thus, effective communication of scientific knowledge is an essential component of any career in science. Increasingly, the ability to present one’s research in English is becoming ever more important for scientists of all disciplines. This practical two-day course provides key elements for a successful presentation in an international setting. It will cover techniques that can be easily implemented, ranging from structuring a presentation’s content, knowing helpful phrases, creating slides, coping with stage fright to dealing with difficult situations. This training...




Expert Seminar on 18 April 2018: Scientific Talks - Excellent Science Requires Excellent Presentation Skills

Wed, 06 Sep 2017 16:25:53 +0200

Expert Seminar on 18 April 2018
Title: Scientific Talks - Excellent Science Requires Excellent Presentation Skills
Location: Centre for European Economic Research (ZEW)

Giving a presentation puts you on public display. In many ways your research reputation will be enhanced or diminished. Thus, effective communication of scientific knowledge is an essential component of any career in science. Increasingly, the ability to present one’s research in English is becoming ever more important for scientists of all disciplines. This practical two-day course provides key elements for a successful presentation in an international setting. It will cover techniques that can be easily implemented, ranging from structuring a presentation’s content, knowing helpful phrases, creating slides, coping with stage fright to dealing with difficult situations. This training...




ZEW Discussion Papers DP No. 17-033: Strategic Microscheduling of Movies

Thu, 31 Aug 2017 10:14:32 +0200

We investigate how competition in product niches affects the timing of product release for experience goods using data on motion pictures in the United States. Additionally, we attempt to estimate the ultimate gain of this timing. We identify product niches that movies occupy along three different product dimensions: common actor, director, and genre. We estimate the drivers for a motion picture´s weekly sales based on the variation in the level of competition in these particular niches over the movie’s run in cinema. We start by showing that release dates of motion pictures are more likely to be rescheduled when there is more competition during the initially proposed release week. Next,...



Job: Internship

Thu, 10 Dec 2015 00:00:00 +0100




Job: 2 Researchers “Industrial Economics and International Management”

Wed, 14 Oct 2015 00:00:00 +0200

2 Researchers


in its “Industrial Economics and International Management” Research Department at the earliest date possible.

The successful applicants will engage in scientific research projects and economic policy analysis in the research areas of "Innovation Economics" or "Firm Dynamics."

The research area "Firm Dynamics" covers analysis of business start-ups, growth and shrinking processes of young firms, as well as financing, innovation and internationalisation of young firms. The research area " Innovation  Economics" focuses on the development of the international patent system, the innovation behaviour of companies, and the interaction of public research institutions and companies.