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Linking CGE and Microsimulation Models: A Comparison of Different Approaches

Colombo, Giulia - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

In the paper we describe in detail how to build linked CGE-microsimulation models (using fictitious data) following … the three models. Results show that all three approaches yield different results especially in terms of income … distribution and poverty, although analysed within the same economy and under the same policy simulation. We then analyse in more …

Persistent link: https://www.econbiz.de/10005098011

How do employment tax credits work? An analysis of the German inheritance tax

Franke, Benedikt; Simons, Dirk; Voeller, Dennis - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2014

business transfers from the German Inheritance Tax Statistic and combine them with a simulation of the future development of …

Persistent link: https://www.econbiz.de/10010961631

Innovative capability and financing constraints for innovation: More money, more innovation?

Hottenrott, Hanna; Peters, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

This study presents a novel empirical approach to identify financing constraints for innovation based on the concept of an ideal test (Hall 2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they selected additional innovation projects, they...

Persistent link: https://www.econbiz.de/10010957615

Money for novelty: The role of venture capital investments for innovation in young technology-based firms

Heger, Diana - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2013

This paper examines the role of venture capital on a firm's innovation activities by using a data set of German technology-based firms founded between 1996 and 2005. Innovation is proxied by patent counts and an index of innovativeness which reflects the degree to which a young firm has...

Persistent link: https://www.econbiz.de/10010957632

Innovation strategies of German firms: The effect of competition and intellectual property protection

Slivko, Olga - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

This article analyzes how the perceived effectiveness of intellectual property protection and competitive pressure affect firms' innovation strategy choices, concretely, whether to abstain from innovation, to introduce products that are known in the market but new to the firm (imitation) or to...

Persistent link: https://www.econbiz.de/10010957641

Innovative capability and financing constraints for innovation: More money, more innovation?

Hottenrott, Hanna; Peters, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

This study presents a novel empirical approach to identify financing constraints for innovation based on the idea of an ideal test as suggested by Hall (2008). Firms were offered a hypothetical payment and were asked to choose between alternatives of use. If they choose additional innovation...

Persistent link: https://www.econbiz.de/10008474671

Churning of R&D personnel and innovation

Müller, Kathrin; Peters, Bettina - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2010

This paper explores the role of R&D worker mobility on innovation performance. As one main novelty, we employ churning as a measure for worker mobility. Churning depicts the number of workers which are replaced by new ones. It is a very informative indicator since a firm may be exposed to...

Persistent link: https://www.econbiz.de/10008526846

What's on their mind: do exchange rate forecasters stick to theoretical models?

Schröder, Michael; Dornau, Robert - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 1999

Do financial market analysts use structural economic models when forecasting exchange rates? This is the leading …. Therefore we analyse the implicit structural models forecasters have in mind when forming their exchange rate expectations. The … economic exchange rate models included in our study are purchasing power parity, the flexible-price monetary model, the sticky …

Persistent link: https://www.econbiz.de/10005097530

Evaluating the impact of public start-up assistance: results from an econometric approach

Almus, Matthias - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2001

This paper analyzes the medium-term growth performance of firms that exclusively received start-up assistance from programs administered by the Deutsche Ausgleichsbank (DtA), a state owned bank, within two years after startup. I apply a parametric selection approach that controls for two...

Persistent link: https://www.econbiz.de/10005097622

FIML estimation of a bivariate probit selection rule: an application on firm growth and subsidisation

Reize, Frank - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2001

This study applies a full information maximum likelihood (FIML) estimator of the sample selection model with bivariate selection rule for the investigation of the impact of subsidised firm foundation from unemployment on employment growth of the firm. The empirical analysis is based on the ZEW...

Persistent link: https://www.econbiz.de/10005097654