Bücher der Reihe ZEW Economic Studies

Offers an empirical analysis of the determinants of changes in the distribution of expenditure and revenue-raising powers among fiscal tiers in OECD countries. Using an indicator of fiscal decentralisation, which accounts for subnational decision-making autonomy, common decentralisation trends are investigated.

Our small book presents areport which has been prepared in the year 2000 for the Taxation and Custorns Union Directorate General of the European Commission, under contract no.

It is dealt with disparities in employment growth, unemployment, and wages between regional labor markets in Germany. 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.

Using a data set of German corporations this book examines three topics in corporate governance: the frequency, causes, and consequences of control transfers; the determinants of acquisition and failure; and the role of corporate governance and market discipline for productivity growth.

In this book the relation between the characteristics of investors' preferences and expectations and equilibrium asset price processes are analysed.

In its Annual Report 2003/2004, the German Council of Economic Experts launched a dual income tax as an option for a fundamental tax reform in Germany. With regard to the latter, conceptual problems of tax law and of tax administration were to be addressed as well as possible transitional problems when implementing a dual income tax.

A synthesis of two international policy initiatives: climate protection agreements and global trade liberalisation agreements. The text provides guidelines on efficient strategies for climate change mitigation.

There is now a certain tradition of Anglo-German comparative research on new technology-based firms (NTBFs). Two of the most influential studies in this area have both been sponsored by the Anglo-German Foundation for the Study of In dustrial Society (AGF).

Foreign exchange intervention is frequently being used by central banks in countries which have a floating exchange rate.

This text provides an integrated analysis of the implications for the energy system from the need to adapt to meet climate change targets and analyzes the role of improving energy technologies for the world and the EU markets.

Looking back over the last decade it can be said with some justification that sig nificant progress has been achieved on the way towards fully integrated financial markets in Europe.

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.

Empirical measurement of impacts of active labour market programmes has started to become a central task of economic researchers. The empirical part provides the reader with econometric evaluations of active labour market programmes in Canada, Germany, France, Italy, Slovak Republic and Sweden.

Focusing on the ongoing integration process in the euro area and the EU, it analyses the integration process that has taken place since the 1980s and which is marked by the advent of the euro and the substantial enlargement that resulted from the accession of 12 new Member States in East and Southern Europe.

As the residential buildings sector accounts for around 30 percent of the final energy demand in Germany, this sector is increasingly becoming the focus of public attention with regard to climate change.