_____________________________________________________________________ _____________________________________________________________________ Z E W N E W S L E T T E R E N G L I S H E D I T I O N No. 2016-04 April 28, 2016 (Julia Glashauser, newsletter-en@zew.de) http://www.zew.eu _____________________________________________________________________ _____________________________________________________________________ Content 1. NEWS 2. CALL FOR PAPERS 2.1. Conference "Project Future: Working World 4.0" 2.2. First Homes-uP International Conference on "Single-Family Homes Under Pressure?" 3. STAFF 3.1. Awards 3.2. Guests at ZEW 4. PRESS RELEASES 5. RECENT PUBLICATIONS IN ENGLISH 5.1. ZEWnews English Edition 5.2. Financial Market Report Switzerland 5.3. ZEW Discussion Papers 5.4. Expertises/Research Reports IN GERMAN 5.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) 5.6. ZEW Branchenreport Informationswirtschaft (ZEW Sector Report for the Information Economy) 5.7. ZEW Discussion Papers 5.8. Gutachten/Forschungsberichte (Expertises/Research Reports) 6. NEW RESEARCH PROJECTS 7. EVENTS 7.1. Public Events 7.2. Scientific Events _____________________________________________________________________ 1. NEWS 14.04.2016 · ZEW (fkr) Public Events EU Research Commissioner Carlos Moedas at ZEW - "Europe Must Increase the Flexibility of its Markets": The key to competitiveness can be summed up quite simply: More innovation results in greater productivity, and therefore more growth. Research and development, however, are essential drivers of innovation. The critical question therefore is how results from research can be translated into innovations in markets. Carlos Moedas, EU Commissioner for Research, Science and Innovation believes that in the future, innovation will increasingly occur at the points of intersection between various research disciplines. Read more: http://www.zew.de/en/news/3357 08.04.2016 · ZEW (ggr/tko) Dates and News 25 Years Since ZEW Began its Work: 25 years ago, in April 1991, the Mannheim Centre for European Economic Research (ZEW) commenced its work. This was to be the beginning of a success story, which has seen ZEW become a leading European economic research institute within a relatively short period of time. The institute's 25th anniversary shall be fittingly celebrated as part of festivities held on 8 December 2016, in the company of high-ranking guests from the fields of science, economics, politics and society. Read more: http://www.zew.de/en/news/3351 05.04.2016 · ZEW (sfr) Conferences Fifth MaCCI Annual Conference at ZEW: On March 3 and 4, 2016, the Centre for European Economic Research (ZEW) and the University of Mannheim jointly organised the fifth annual conference of the Mannheim Centre for Competition and Innovation (MaCCI). About 95 participants, including many renowned researchers and practitioners, attended the event to discuss cutting edge and highly relevant research issues with regard to competition and innovation from an economic and legal perspective. Read more: http://www.zew.de/en/news/3347 For current news, please visit: http://www.zew.de/news 2. CALL FOR PAPERS 2.1. Conference "Project Future: Working World 4.0" 20.04.2016 · ZEW (jgl/ybr) Conference "Project Future: Working World 4.0" (September 19, 2016): The Institute for Applied Economic Research at the University of Tübingen (IAW), the Fraunhofer Institute for Industrial Engineering IAO, the Fraunhofer Institute for Systems and Innovation Research ISI, the University of Hohenheim, and the Centre for European Economic Research (ZEW) are jointly organising the German conference "Project Future: Working World 4.0" on September 19, 2016, in Stuttgart. The conference aims to provide a platform for scientific and interdisciplinary exchange on the question as to how we should shape the digital work environment in Germany. Theoretical, empirical, and practice-orientated contributions from the fields of engineering, economics, social sciences, as well as other related areas of research are welcome. Please submit full papers or an extended abstract in German language as a PDF file to mail@arbeitswelt40-bw.de no later than May 14, 2016. Additional information and Call for Papers (in German): http://www.zew.de/de/veranstaltungen/2372 2.2. First Homes-uP International Conference on "Single-Family Homes under Pressure?" 22.04.2016 · ZEW (jgl/ybr) First Homes-uP International Conference on "Single-Family Homes Under Pressure?" (October 13-14, 2016): The Leibniz Institute of Ecological Urban and Regional Development, the Centre for European Economic Research (ZEW) and three further institutions are jointly organising the first Homes-uP International Conference on "Single-Family Homes Under Pressure?" on October 13 and 14, 2016, in Mannheim. The conference will bring together international researchers from different disciplines who work on single-family housing. The objective is to scrutinise the effects of demographic, sociocultural and structural change on the utilisation of single-family housing in industrialised countries from an interdisciplinary perspective. Submissions on different aspects regarding single-family homes as an economic, ecological and cultural resource are encouraged. Please submit full papers or an extended abstract (3 pages) as a PDF-file to homesup@zew.de no later than May 31, 2016. Additional information and Call for Papers: http://www.zew.de/en/events/2386 3. STAFF 3.1. Awards 05.04.2016 · ZEW (fkr) ZEW Economist Wins Best Paper Award: Dr Philipp Dörrenberg, Senior Researcher in the Research Group "International Distribution and Redistribution” at the Centre for European Economic Research (ZEW), received the Best Paper Award at the 21st Spring Meeting of Young Economists (SMYE) in Lisbon in March 2016. The SMYE is organised annually by the Economic Association of Young Economists (EAYE) and brings together young international researchers from different fields. Read more: http://www.zew.de/en/news/3348 3.2. Guests at ZEW 20.04.2016 · ZEW (jgl/ybr) ZEW Hosts Expert Group on "Innovation and Knowledge Management": On April 20, 2016, the expert group on "Innovation and Knowledge Management" from the Heinz-Piest-Institut für Handwerkstechnik at the University of Hannover (HPI) made a visit to the Mannheim Centre for European Economic Research (ZEW). As part of a conference held by the expert group in cooperation with the Mannheim Chamber of Crafts and Trades (Handwerkskammer Mannheim Rhein-Neckar-Odenwald), the members of the group were keen to find out more about the research carried out at ZEW. Read more: http://www.zew.de/en/news/3364 18.04.2016 · ZEW (jgl/ybr) Jan Sauermann Visiting Researcher at ZEW: Jan Sauermann, PhD, is a visiting researcher in ZEW's Research Department "Information and Communication Technologies" from April 13 to 29, 2016. He is Assistant Professor at the Swedish Institute for Social Research at Stockholm University. His research interests lie in the fields of labour economics and applied micro econometrics. During his stay, Jan Sauermann gives a lecture on the short- and long-term effects of vocational versus general schooling as part of the ZEW Research Seminar series. Additional information on Jan Sauermann, PhD: https://sites.google.com/site/jansauermann/ 15.04.2016 · ZEW (ybr/sse) DGFP Experience-Exchange at ZEW: On April 15, 2016, the Centre for European Economic Research (ZEW) hosted the Mannheim-based experience-exchange group of the German Association for People Management (DGFP e.V.). Around 20 business executives and professionals exchanged information and discussed current questions arising in the field of people management. Read more: http://www.zew.de/en/news/3358 4. PRESS RELEASES 25.04.2016 · ZEW (she) M&A-Index Dynamism in German M&A Market Continues: The latest ZEW-ZEPHYR M&A Index indicates that when it comes to mergers and acquisitions (M&A) involving German companies, things are continuing to go well. In January, the index had a value of 123 points, indicating a dynamic start to 2016. Indeed, 96 transactions took place in January 2016 – more mergers and acquisitions (M&A) have not been achieved in the same period since January 2013. These are the findings of calculations by the Centre for European Economic Research (ZEW) based on the Zephyr database of Bureau van Dijk (BvD). Read more: http://www.zew.de/en/press/3371 21.04.2016 · ZEW (zil) CEE Indicator of Economic Sentiment Economic Expectations Worsen: Economic expectations for Central and Eastern Europe including Turkey (CEE region) have deteriorated in April 2016. In the current survey, the ZEW-Erste Group Bank Economic Sentiment Indicator for the CEE region has decreased by 13.1 points to a level of minus 8.4 points. Among the individual countries, the indicators for the Czech Republic (down by 16.0 points) and Hungary (down by 12.8 points) have seen the largest decreases. Read more: http://www.zew.de/en/press/3366 20.04.2016 · ZEW (lja) CH Indicator of Economic Sentiment Economic Expectations Increase Further: The The ZEW-CS-Indicator for the economic sentiment in Switzerland has risen by 9.0 points to a reading of 11.5 points in April 2016. This increase further widens the gap between the indicator’s current positive value and negative territory, thereby continuing the trend seen in the previous month. The current economic situation is also assessed as being slightly more positive in comparison to that of the previous month, with a reading of minus 0.1 points. The ZEW-CS Indicator reflects the expectations of the surveyed financial market experts regarding the economic development in Switzerland on a six month time horizon. It is calculated on a monthly basis by the Mannheim Centre for European Economic Research (ZEW) in cooperation with Credit Suisse (CS), Zurich. Read more: http://www.zew.de/en/press/3363 19.04.2016 · ZEW (jrr/dre) ZEW Indicator of Economic Sentiment Economic Outlook Improves: The ZEW Indicator of Economic Sentiment for Germany has increased for the second time in a row in April 2016. The index has gained 6.9 points compared to the previous month, now totaling 11.2 points (long-term average: 24.5 points). "Surprisingly positive economic news from China seems to have improved the sentiment amongst financial market experts. On balance, however, the continued poor growth in China and other important emerging markets continues to be a burden for the German export industry. Furthermore, concern about Great Britain's possible exit from the EU seems to be having a negative impact", comments Professor Sascha Steffen, Head of the Research Department "International Finance and Financial Management" at ZEW. Read more: http://www.zew.de/en/press/3361 13.04.2016 · ZEW (msc/fkr) China Economic Panel Expectations for Chinese Economy Rise Sharply: The economic policy plans and objectives of the new five-year plan of the Chinese government, have boosted expectations for the Chinese economy. The CEP Indicator, which reflects the expectations of international financial market experts regarding China's macroeconomic development over the coming twelve months, has risen sharply in the current survey period (03/21/2016 – 04/06/2016), climbing from minus 25.7 points to a level of 3.5 points. Read more: http://www.zew.de/en/press/3355 For current press releases, please visit: http://www.zew.de/en/presse 5. RECENT PUBLICATIONS IN ENGLISH 5.1. ZEWnews English Edition ZEWnews English Edition March/April 2016 * New ZEW President Achim Wambach Establishes Research Group "Market Design" * Childhood Is a Decisive Factor in Income Disparities in the UK and the US * Still Room for Improvement as EU Fibre-Optic Networks Expand * Unilateral National Energy Policies Put European Market Integration at Risk * Settlements Accelerate Antitrust Proceedings in EC Cartel Cases * Germany Needs a Tax Stimulus for R&D Investment * Q&A: The Minimum Wage – A Boon or Bane for the German Labour Market? * Opinion Regarding: Digital Economy – Competition Policy Enters New Territory Download shortly as PDF file(*) (reference is given at the end of "RECENT PUBLICATIONS"): http://ftp.zew.de/pub/zew-docs/zn/en/zn03042016.pdf 5.2. Financial Market Report Switzerland Financial Market Report Switzerland May 2016 * International Financial Market Data - Assessments and Expectations * No Further Interest Rate Cuts Expected in Europe * Stable Exchange Rate Expectations * Inflation Expectations Remain Positive * Slightly Cloudier Stock Market Expectations * Special Question 1: Economic Growth for 2016/17 * Special Question 2: Inflation in 2016/17 * Special Question 3: Three-Month CHF Libor Download as PDF file(*): http://www.zew.de/zew-cs-financialmarketreport 5.3. ZEW Discussion Papers 16-034 Zareh Asatryan; Cesar Castellon; Thomas Stratmann Balanced Budget Rules and Fiscal Outcomes: Evidence from Historical Constitutions Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp16034.pdf 16-032 Goytom Abraha Kahsay; Daniel Osberghaus Extreme Weather and Risk Preference: Panel Evidence from Germany Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp16032.pdf 16-031 Michael Kummer; Patrick Schulte When Private Information Settles the Bill: Money and Privacy in Google's Market for Smartphone Applications Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp16031.pdf 16-030 Ekkehard Ernst; Willi Semmler; Alexander Haider Debt Deflation, Financial Market Stress and Regime Change - Evidence from Europe Using MRVAR Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp16030.pdf 16-029 Klaus Peter Gugler; Sven Heim; Mario Liebensteiner Non-Sequential Search, Competition and Price Dispersion in Retail Electricity Download as PDF file (*): http://ftp.zew.de/pub/zew-docs/dp/dp16029.pdf 5.4. Expertises/Research Reports Silvia Vignetti, Mike Coye, Emanuela Sirtori, Mark Whittle, Julie Pellegrin und Georg Licht (2016), Support to SMEs - Increasing Research and Innovation in SMEs and SME Development. Final Report. Work Package 2, Export evaluation of Cohesion Policy programmes 2007 - 2013, focusing on the European Regional Development Fund (ERDF) and the Cohesion Fund (CF), European Commission, Brussels. Additional information and Download: http://www.zew.de/en/publications/8335 David Anciaux, Eurico Neves, Frans van der Zee, Annelieke van der Giessen, Christian Rammer und Maikel Pellens (2016), Mapping the regional embeddedness of the NMP programme. Final report of the project, European Commission, Brussels. Additional information and Download: http://www.zew.de/en/publications/8362 IN GERMAN 5.5. ZEW-Finanzmarktreport (ZEW Financial Market Report) ZEW Financial Market Report May 2016 * Business Expectations Continue to Improve * Eurozone: Increase in Expected Interest Rates * USA: Business Expectations Once Again Increase * Japan: Business Expectations Remain Restrained * Great Britain: Slight Decline in Business Expectations * Special Question: Forecasts of Economic Growth Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/frep/052016.pdf 5.6. ZEW Branchenreport Informationswirtschaft (ZEW Sector Report for the Information Economy) ZEW Sector Report for the Information Economy, 1st Quarter 2016 * ICT Sector: Business Situation Slightly Worsens * International Activities of the Information Economy Download as PDF file (in German)(*): http://ftp.zew.de/pub/zew-docs/brepikt/201601BrepIKT.pdf 5.7. ZEW Discussion Papers 16-033 Martin Peitz; Ulrich Schwalbe Zwischen Sozialromantik und Neoliberalismus - zur Ökonomie der Sharing-Economy (Between Social Romanticism and Neoliberalism - on the Economics of the Sharing-Economy) Download as PDF file (in German) (*): http://ftp.zew.de/pub/zew-docs/dp/dp16033.pdf 5.8. Gutachten/Forschungsberichte (Expertises/Research Reports) Holger Bonin (2016), Gewinne der Integration: Berufliche Qualifikation und Integrationstempo entscheiden über die langfristigen fiskalischen Kosten der Aufnahme Geflüchteter (Profits Through Integration: Professional Qualification and the Pace of Integration Determine the Long-term Fiscal Costs of Receiving Refugees), Heinrich Böll Foundation, Berlin. Additional information and Download: http://www.zew.de/en/publikationen/8387 For current publications, please visit: http://www.zew.de/en/publications (*) Please note: PDF files can be displayed with Adobe Acrobat Reader. The software can be downloaded for free: http://get.adobe.com/uk/reader 6. NEW RESEARCH PROJECTS Contribution to the Revision of the Oslo Manual http://www.zew.de/en/projects/1557 Evaluation of the Federal Programme "Social Inclusion into the Labour Market" http://www.zew.de/en/projects/1559 Changing Tasks and the Demand for Further Education in the Digital Transformation http://www.zew.de/en/projects/1560 For current projects, please visit: http://www.zew.de/en/forschung/projekte 7. EVENTS 7.1. Public Events 15.06.2016 ZEW Lunch Debates: The Capital Markets Union - Possible Without the Banking and the Fiscal Union? Speaker: Natacha Valla, PhD (CEPII - leading French think tank in international economics), Niall Bohan (European Commission, DG Financial Stability Financial Services and Capital Markets Union (FISMA)), Rolf Strauch, PhD (European Stability Mechanism (ESM)), Prof. Dr. Sascha Steffen (ZEW) Presentation: Laura Noonan (Financial Times London) Location: Representation of the State of Baden-Württemberg to the European Union, Rue Belliard 60-62, B-1040 Brussels Additional information: http://www.zew.de/en/events/2353 7.2. Scientific Events 03.05.2016 ZEW Research Seminar: Investment in Europe: Making the Best of the Juncker Plan Speaker: Eulalia Rubio, PhD (Jacques Delors Institute, Paris), David Rinaldi, PhD (Jacques Delors Institute, Paris) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2390 04.05.2016 ZEW Research Seminar: International Finance - Calibration of an Agent-Based Model of the Financial System Speaker: Frank Brückbauer (ZEW) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2313 06.05.2016 ZEW Research Seminar: Economic Viability of a Geothermal Heating Pump System in Austria Speaker: Tara Esterl (Austrian Institute of Technology, Vienna) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2394 11.05.2016 ZEW Research Seminar: International Finance - Lender of Last Resort versus Buyer of Last Resort: Evidence from European Sovereign Debt Crisis Speaker: Diane Pierret (HEC Lausanne) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2315 12.05.2016 Mannheim Competition Policy Forum: Online Platforms and Digital Markets - Update on the Antitrust Enforcement Landscape Speaker: Dr. Cristina Caffarra (Charles River Associates) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2363 12.05.2016 ZEW Research Seminar: Who Creates Jobs? Econometric Modeling and Evidence for Austrian Firm Level Data Speaker: Prof. Dr. Harald Oberhofer (Vienna University of Economics and Business) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2380 12.05.2016 ZEW Lecture on Economic Policy: Equalizing Transfers - Source of (In)Stability in Federations Speaker: Prof. Dr. Marko Köthebürger (ETH Zurich) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2396 18.05.2016 ZEW Research Seminar: International Finance - Fee-only Advice Speaker: Benjamin Loos (University of Mannheim) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2320 19.-20.05.2016 Conference: Fifth Mannheim Energy Conference 2016 Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2285 20.-21.05.2016 Conference: Ubiquitous Working - Challenges and Prospects of the Interconnected Working Environment Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2341 25.05.2016 ZEW Research Seminar: International Finance - The Human Factor in Credit Monitoring: Evidence from Personal Bank Interventions Speaker: Jenny Pirschel (Goethe University Frankfurt) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2351 01.06.2016 ZEW Research Seminar: International Finance - Does Numeracy Affect on-the-job Decisions? Evidence From Loan Officers Speaker: Karolin Kirschenmann (ZEW) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2322 02.06.2016 ZEW Lectures on Economic Policy: Inheritance and Wealth Inequality Speaker: Prof. Daniel Waldenström, PhD (University of Uppsala) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2382 03. - 04.06.2016 Conference: 14th ZEW Conference on The Economics of Information and Communication Technologies Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2266 06. - 07.06.2016 Conference: Third International ZEW Conference on the Dynamics of Entrepreneurship Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2330 09.06.2016 ZEW Research Seminar: The Supply of Skills and Endogenous Technical Change: Evidence From a College Expansion Reform Speaker: Prof. Kai Liu (University of Cambridge) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2392 13. - 15.06.2016 Conference: ZEW/NBER Trans-Atlantic Public Economics Seminar Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2055 21.06.2016 ZEW Research Seminar: Beyond Routine – Routine vs. Dynamic Labour Capacity, or: On the Limits of the Task-Based Approach Speaker: Prof. Dr. Sabine Pfeiffer (University of Hohenheim) Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2387 21.06.2016 Conference: MaTax Tax Law Conference 2016 Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2345 30.06. - 01.07.2016 Workshop: From Europe to China - Exploring New Frontiers in Economics of Innovation and Entrepreneurship Location: ZEW, Mannheim Additional information: http://www.zew.de/en/events/2369 For current events, please visit: http://www.zew.de/en/events ____________________________________________________________________ IMPRINT Publisher: Centre for European Economic Research GmbH (ZEW) L 7, 1 - 68161 Mannheim - Germany - http://www.zew.eu Phone +49 621/1235-01 Fax +49 621/1235-255 Seat of the company: Mannheim - Local Court Mannheim HRB 6554 Chairwoman of the Supervisory Board: Theresia Bauer, MdL, Minister of Science, Research, and the Arts of the State of Baden-Württemberg Executive Directors: Prof. Dr. Clemens Fuest, Thomas Kohl Editor: Yvonne Bräutigam, yvonne.braeutigam@zew.de E-mail: newsletter-en@zew.de Editorial assistants: Julia Glashauser, Sarah Tiedemann, Constanze Adler Responsibility: Gunter Grittmann, grittmann@zew.de Legal note: http://www.zew.de/en/impressum/ You can unsubscribe at any time - online via http://www.zew.de/en/publikationen/zew-periodika/zew-newsletter/zew-newsletter-abmeldung/ - or follow this link: https://mails.zew.de/d?p00004s0000000b0g0000ljq000000000dp4smotrf2d7joo7dwqynh00000zm000000cpzq3oy _____________________________________________________________________