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1. News![](http://ftp.zew.de/pub/inxmail/sources/blank.gif)
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24.02.2022 · ZEW (jki/sel)
Research
No Systematic Greenwashing in the US Metals Industry
Do metal processing companies in the USA make themselves appear more eco-friendly in terms of their sulphur dioxide emissions than they actually are? To investigate this, a team of researchers in collaboration with ZEW has applied a new method that combines satellite data with company data and web text mining.
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11.02.2022 · ZEW (msc/ybr)
Business Cycle Tableaus by ZEW and Börsen-Zeitung
Uncertainty About Inflation Development in the Eurozone
Economic Experts Do Not Yet Expect a Major Turnaround in Monetary Policy
Economic experts are forecasting somewhat lower real gross domestic product (GDP) growth in the eurozone, and growth expectations for Germany are declining even more significantly. The inflation rate is hitting new highs, creating uncertainty about future developments. This is the result of the business cycle tableaus by ZEW Mannheim and the German daily newspaper, Börsen-Zeitung.
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04.02.2022 · ZEW (dos/deg)
Research
How Can We Protect Ourselves Against Flood Damage in the Future?
ZEW Economist Dr. Daniel Osberghaus in the #ZEWPodcast
The flood disaster in Germany last July claimed more than 180 lives. Since then, the question of how private households and policymakers can better prepare for extreme weather events has been raised again. In the 17th episode of the #ZEWPodcast ‘Wirtschaft · Forschung · Debatten’/‘Economy · Research · Debates’, ZEW economist Dr. Daniel Osberghaus talks about what technical precautionary measures private homeowners can take, the advantages and disadvantages of compulsory insurance in Germany and how other countries take flood precautions.
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Additional ZEW news
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2. Press Releases![](http://ftp.zew.de/pub/inxmail/sources/blank.gif)
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21.02.2022 · ZEW (fbr/thc/deg)
Research
Inflation Rates Expected to Stay Above Two Per Cent Until the End of 2024
The currently very high consumer price inflation rates in the euro area are expected to remain well above the ECB’s two per cent target over the whole year 2022 before gradually declining in the medium and long term. High energy prices, scarcity of raw materials and problems in international supply chains are expected to be the main drivers of this high inflation, and are likely to last longer than previously forecast. In line with these results, the ECB is expected to increase its main refinancing rate, but only very gradually over the coming years. These are the results of a survey of financial market experts conducted by ZEW Mannheim.
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15.02.2022 · ZEW (msc/fbr/thc/sel)
ZEW Indicator of Economic Sentiment
Expectations Cautiously Optimistic
The ZEW Indicator of Economic Sentiment Stands at 54.3 Points
The ZEW Indicator of Economic Sentiment for Germany increased in the current February 2022 survey, climbing 2.6 points to a new reading of 54.3 points. The assessment of the economic situation in Germany also improved in the current survey. The corresponding indicator rose 2.1 points to a level of minus 8.1 points.
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10.02.2022 · ZEW (ibe/sel)
Research
Internet Usage Increases – Political Interest Declines
Internet users in Germany have become increasingly indifferent and ignorant about politics over a period of 15 years. In the beginning, the diffusion of the internet contributed to people being better informed politically, but this development has been reversed in later years. In the meantime, internet usage is on the rise – as is the users’ disinterest in politics. This is shown by a recent study by ZEW Mannheim.
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07.02.2022 · ZEW (der/sel)
Information Economy
Firms Plan to Maintain Hybrid Working Models After the Pandemic
Business Survey in the Information Economy and Manufacturing Industry
Many firms in Germany are planning to offer hybrid working arrangements after the end of the COVID-19 pandemic, thus enabling employees to have a part-home, part-office schedule. A business survey conducted by ZEW Mannheim in December 2021 and January 2022 now provides further insights into firms’ expectations about the allocation of working hours in the long run. In both the information economy and the manufacturing industry, firms are mainly planning to offer hybrid models in which employees work from home 1-3 days per week.
The share of employees who will work from home several times a week post COVID-19 is significantly higher than before the pandemic, according to the firms’ estimates.
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03.02.2022 · ZEW (sru)
Comment
ZEW Environmental Economist Sebastian Rausch on EU Taxonomy
“CO2 Price Is a More Effective Climate Protection Tool than the Taxonomy”
The EU Commission has adopted the planned EU taxonomy for sustainable investments. This is to define which financial investments are sustainable and which are not. Investments in nuclear power and natural gas are also classified as sustainable in the regulation under certain conditions. Professor Sebastian Rausch, head of the Research Department “Environmental and Resource Economics, Environmental Management” at ZEW Mannheim, has commented on this matter.
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01.02.2022 · ZEW (tko/dhr/ybr)
Dates and News
New Chairman of the ZEW Sponsors’ Association
Dr. Ralph Rheinboldt Succeeds Dr. Georg Müller
The ZEW – Sponsors’ Association for Science and Practice at ZEW Mannheim has a new chairman: Dr. Ralph Rheinboldt, board member at Fuchs Petrolub SE, succeeds CEO of MVV Energie AG, Dr. Georg Müller, on 1 February 2022. After more than five successful years, Dr. Müller will retire from his position at the ZEW Sponsors’ Association for health reasons. Rheinboldt has already been a board member at the ZEW Sponsors’ Association since 2017.
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01.02.2022 · ZEW (cra/deg)
Research
COVID-19 Pandemic Is Both an Obstacle and an Impetus for Innovation
Innovation Survey 2021
German companies reduced their innovation spending by 3.6 per cent to 170.5 billion euros in the first year of the COVID-19 crisis. Twelve per cent of companies did not undertake any innovation activities at all due to the pandemic. At the same time, eleven per cent of the companies invested in additional product innovations in response to the pandemic situation and twelve per cent pushed ahead with additional process innovations. These are key findings of the Innovation Survey 2021, which ZEW Mannheim conducted among German companies on behalf of the German Federal Ministry of Education and Research.
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31.01.2022 · ZEW (jax/tni/sel)
Research
Climate Protection Potential of Digitalised Production Processes Lower than Expected
The need to make economic processes sustainable and the use of digital technologies have increased significantly in recent years. In addition, it is generally assumed that digital technologies can lead to energy efficiency improvements and thus significantly reduce CO2 emissions, especially in the energy-intensive manufacturing sector. In fact, digital technologies do reduce energy intensity in manufacturing, but to a much lesser extent than previously expected. The increased use of digital technologies in companies is therefore not necessarily accompanied by a significantly improved energy intensity. These are the key findings of a study by ZEW Mannheim.
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17.01.2022 · ZEW (tbk/mcz/deg)
Research
One in Five Households Did Not Claim Social Benefits Despite Needing Them
Financial Consequences of the COVID-19 Pandemic
One fourth of all private households in Germany suffered income losses at the height of the second pandemic wave. Taking into account the loss of assets, roughly 43 per cent of households faced financial setbacks. Less than a quarter of them claimed state support. These are the results of a survey conducted as part of a joint project of the University of Mannheim, ZEW Mannheim and the Leibniz Institute for Resilience Research (LIR) at the height of the second wave of the pandemic between December 2020 and January 2021.
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Additional ZEW press releases
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3. Recent Publications![](http://ftp.zew.de/pub/inxmail/sources/blank.gif)
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Our publications are available to download in PDF format. PDF files can be viewed using, among others, Acrobat Reader, which you can download for free at https://acrobat. adobe. com/us/en/acrobat/pdf-reader. html
IN ENGLISH
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3.1. ZEWnews English Edition
The ZEWnews English Edition January/February 2022 contains articles on:
Divergence of Italian PEPP Purchases from Capital Key Smaller than Before
Tax Race to the Bottom Harms Location Attractiveness of Western Europe
Green Public Procurement Criteria Encourage Green Product Innovation
Local Support for Renewable Energy Decreases with the Expansion of Wind Power
Volunteers Contribute Significantly to the Integration of Refugees
Q&A: Is the German Network Enforcement Act Effective?
New Government Plans to Relieve Burden on Lower Income Groups
Negative Returns for University Dropouts
Opinion: Focusing on European Added Value
Download PDF file (507 KB)
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3.2. ZEW Discussion Papers
Discussion Paper 22-006
Sebastian Schmidt, Jan Kinne, Sven Lautenbach, Thomas Blaschke, David Lenz, and Bernd Resch
Greenwashing in the US Metal Industry? A Novel Approach Combining SO2 Concentrations From Satellite Data, a Plant-Level Firm Database and Web Text Mining
Download PDF file (3.4 MB)
Discussion Paper 22-005
Dirk Czarnitzki, Gastón P. Fernández, and Christian Rammer
Artificial Intelligence and Firm-Level Productivity
Download PDF file (372 KB)
Discussion Paper 22-004
Lukas Riedel and Holger Stichnoth
Government Expenditure in the DINA Framework: Allocation Methods and Consequences for Post-Tax Income Inequality
Download PDF file (487 KB)
Discussion Paper 22-003
Helena Lenihan, Kevin Mulligan, Justin Doran, Christian Rammer, and Olubunmi Ipinnaiye
R&D Grant and Tax Credit Support for Foreign-Owned Subsidiaries: Does It Pay Off?
Download PDF file (578 KB)
Discussion Paper 22-002
Christian Rammer
Measuring Process Innovation Output: Results from Firm-Level Panel Data
Download PDF file (378 KB)
Discussion Paper 22-001
Wayne Xinwei Wan and Thies Lindenthal
Towards Accountability in Machine Learning Applications: A System-Testing Approach
Download PDF file (2.9 MB)
Discussion Paper 21-106
Irene Bertschek and David F. Müller
Political Ignorance and the Internet
Download PDF file (470 KB)
Discussion Paper 21-105
Janna Axenbeck and Thomas Niebel
Climate Protection Potentials of Digitalized Production Processes: Microeconometric Evidence?
Download PDF file (1.5 MB)
IN GERMAN
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3.3. ZEW-Finanzmarktreport (ZEW Financial Market Report)
ZEW Financial Market Report March 2022
Outlook Improves Again
Eurozone: Economic Sentiment Improves
USA: Economic Expectations Decline Significantly
China: Expectations Fall Slightly
Special Question: Inflation Rate in the Eurozone Expected to Stay Above Two Per Cent Until 2024
Special Question: Further Interest Rate Hikes Expected After 2024
Download PDF file (502 KB) in German
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3.4. ZEW-Branchenreport Informationswirtschaft (ZEW Sector Report for the Information Economy)
Business Survey in the Information Economy, 4th Quarter of 2021
Good Business Climate at the Beginning of the Year
Firms Plan to Maintain Hybrid Working Models After the Pandemic
Download PDF file (1.2 MB) in German
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3.5. ZEW-Gutachten/Forschungsberichte (ZEW Expertises/Research Reports)
Günter Beck, Alfred Dijs, Xavier Jaravel, Sebastian Kessing and Sebastian Siegloch
Analyse der Verbraucherpreisentwicklung nach Senkung der Mehrwertsteuer (Analysis of Consumer Price Development After VAT Reduction)
Download PDF file (2.0 MB) in German
Thomas Niebel, Robin Sack, and Mareike Seifried
IKT-Branchenbild 2021 – Volkswirtschaftliche Kennzahlen (ICT Sector Profile 2021 – Economic Key Figures)
Download PDF file (903 KB) in German
Christian Rammer
Klimaschutz durch digitale Transformation: Realistische Perspektive oder Mythos? – CliDiTrans Endbericht (Climate Protection Through Digital Transformation: Realistic Perspective or Myth? – CliDiTrans Final Report)
Download PDF file (1.1 MB) in German
Additional ZEW publications
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4. New Research Projects![](http://ftp.zew.de/pub/inxmail/sources/blank.gif)
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Governing Multi-Scale Heterogeneities to Activate Natural Carbon Sink Potentials
Additional information on the project site
Risk-Taking of Fund Managers and Capital Gains Taxation in the US
Additional information on the project site
Additional ZEW projects
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5. Events![](http://ftp.zew.de/pub/inxmail/sources/blank.gif)
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Due to the ongoing COVID-19 pandemic, the following event details may be subject to change. The current status of the events can be found in the ZEW Events Calendar. If you have any questions, please don’t hesitate to contact our event team at event@zew.de.
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5.1. Scientific Events
28.02.2022
Virtual Market Design Seminar
Algorithm is Experiment: Machine Learning, Market Design, and Policy Eligibility Rules
Speaker: Yusuke Narita (Yale University, New Haven, USA)
Location of the event: Online
Additional information
02.03.2022
Mannheim Applied Seminar
No Help for the Heartland?
The US Employment Effects of the Trump Tariffs
Speaker: David Dorn (University of Zurich, Switzerland)
Location of the event: University of Mannheim
Additional information
07.03.2022
Decarbonization Seminar/Joint Seminar ZEW and MISES
Capturing the Economic Dynamics of Competing Power Generation Sources
Decarbonization Seminar/Joint Seminar ZEW and MISES
Speaker: Gunther Glenk (University of Mannheim)
Location of the event: Online
Additional information
09.03.2022
Mannheim Applied Seminar
Hiring Difficulties and Firms’ Growth
Speaker: Thomas Le Barbanchon (Bocconi University, Milano, Italy)
Location of the event: Online
Additional information
10.03.2022
Mannheim Competition Policy Forum
Interoperability and IOT
Speaker: René Arnold (Vice President Public Affairs Strategy, Huawei Technologies, Shenzhen, China)
Location of the event: Online
Additional information
14.03.2022
Virtual Market Design Seminar
Market Segmentation Through Information
Speaker: Matt Elliott (University of Cambridge, United Kingdom)
Location of the event: Online
Additional information
17.03.2022
ZEW Research Seminar
Steering Fallible Consumers
Speaker: Mats Köster (Central European University, Vienna, Austria)
Location of the event: Online
Additional information
24.03.2022 – 25.03.2022
Conference
2022 MaCCI Annual Conference
Speaker: John Asker (University of California (UCLA), Berkeley, USA) and Frédéric Jenny (OECD and ESSEC Business School, Paris, France)
Location of the event: ZEW Mannheim
Additional information
28.03.2022
QUEST
Accelerating Consumer Durable Replacement in Low-Income Households
Pecuniary and Behavioral Instruments
Speaker: Bettina Chlond (ZEW)
Location of the event: Online
Additional information
28.03.2022
Virtual Market Design Seminar
EPIC Fail: How Below-Bid Pricing Backfires in Multiunit Auctions
Speaker: Alexander Teytelboym (University of Oxford, United Kingdom)
Location of the event: Online
Additional information
30.03.2022
Mannheim Applied Seminar
The Education-Innovation Gap
Speaker: Barbara Biasi (Einaudi Institute of Economics and Finance (EIEF), Rome, Italy)
Location of the event: Online
Additional information
30.03.2022
SWEEEP Seminar
How to Get the Public on Board with Climate Reforms
Speaker: Matto Mildenberger (University of California Santa Barbara, USA)
Location of the event: Online
Additional information
31.03.2022 – 01.04.2022
Workshop
7th (Online) Workshop on Experimental Economics for the Environment
Speaker: Michael K. Price (The University of Alabama, Tuscaloosa, USA)
Location of the event: Online
Additional information
06.04.2022 – 08.04.2022
Conference
Ageing and Sustainable Finance
Speakers: Koen Schoors (Ghent University, Belgium) and Paul Smeets (Maastricht University, Netherlands)
Location of the event: Online
Additional information
Additional ZEW events
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6. Job Offers![](http://ftp.zew.de/pub/inxmail/sources/blank.gif)
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11.02.2022
Tenure-Track Postdoctoral Researcher (100 %, f/m/d) in the Research Department “Digital Economy”
Additional information and online application
Additional current job offers
Picture Credits: press release of 24.02.2022: ISTARI.AI, press release of 10.02.2022: Monet/Adobe Stock 361901378, press release of 03.02.2022: Anna Logue Fotografie/ZEW, press release of 01.02.2022: Anna Logue Fotografie | FUCHS PETROLUB, press release of 31.01.2022: Anna Logue Fotografie, press release of 31.01.2022: ipopba/AdobeStock208731473
All further pictures: ©ZEW