ZEW headquarters in Mannheim The ZEW – Leibniz Centre for European Economic Research (ZEW) in

Mannheim Mannheim (; Palatine German: or ), officially the University City of Mannheim (german: Universitätsstadt Mannheim), is the second-largest city in the German state of Baden-Württemberg after the state capital of Stuttgart, and Germany's ...

is an economic research institute and a member of the

Gottfried Wilhelm Leibniz Scientific Community The Leibniz Association (German: ''Leibniz-Gemeinschaft'' or ''Wissenschaftsgemeinschaft Gottfried Wilhelm Leibniz'') is a union of German non-university research institutes from various disciplines. As of 2020, 96 non-university research insti ...

. Under the leadership of Prof. Achim Wambach, PhD, president of the Institute, and Thomas Kohl, managing director, ZEW employs a staff of about 208. ZEW is one of Europe’s leading economic research institutes. ZEW is subdivided into the eight research fields: *Labour Markets and Social Insurance *Economics of Innovation and Industrial Dynamics *Digital Economy *Pensions and Sustainable Financial Markets *Environmental and Climate Economics *Corporate Taxation and Public Finance *Inequality and Public Policy *Market Design and one Research Group: Health Care Markets and Health Policy ZEW’s guiding mission is to study the optimal performance of markets and institutions in

Europe Europe is a large peninsula conventionally considered a continent in its own right because of its great physical size and the weight of its history and traditions. Europe is also considered a subcontinent of Eurasia and it is located entirel ...

. ZEW’s expertise lies particularly in the area of applied micro

econometrics Econometrics is the application of statistical methods to economic data in order to give empirical content to economic relationships. M. Hashem Pesaran (1987). "Econometrics," '' The New Palgrave: A Dictionary of Economics'', v. 2, p. 8 p. 8 ...

and in

computable general equilibrium Computable general equilibrium (CGE) models are a class of economic models that use actual economic data to estimate how an economy might react to changes in policy, technology or other external factors. CGE models are also referred to as AGE (appl ...

models. Research findings are presented at conferences and published in scientific journals. ZEW also contributes to current political and economic discussions by issuing a variety of its own publications. Furthermore, it is offering seminars. Special attention is paid to the monthly published ZEW Indicator of Economic Sentiment. It is a leading indicator for the German economy. The survey also asks for the expectations for the

Eurozone The euro area, commonly called eurozone (EZ), is a currency union of 19 member states of the European Union (EU) that have adopted the euro ( €) as their primary currency and sole legal tender, and have thus fully implemented EMU polici ...

, Japan, Great Britain, Italy, France and the US. ZEW is funded in part by the Federal State of

Baden-Württemberg Baden-Württemberg (; ), commonly shortened to BW or BaWü, is a German state () in Southwest Germany, east of the Rhine, which forms the southern part of Germany's western border with France. With more than 11.07 million inhabitants across a ...

. Since 2005, the Institute has also received basic funding from a partnership between the German federal and state governments. More than 40 per cent of the Institute’s financial resources are obtained from research contracts for third parties, including the

European Commission The European Commission (EC) is the executive of the European Union (EU). It operates as a cabinet government, with 27 members of the Commission (informally known as "Commissioners") headed by a President. It includes an administrative body ...

, ministries, and institutions of the federal and state governments, as well as companies, associations, and local authorities. As a member of the Leibniz Scientific Community, also known as the Leibniz Association, ZEW gained recognition from th
association's Senate
on the basis of a strong 2009 evaluation."ZEW Profile"
, Centre webpage (English language). Retrieved 2012-03-13.

Attention to indicators

The March, 2012, edition of the Indicator of Economic Sentiment, which compiled survey results from 285 analysts,"Financial Market Survey: Results March 2012"
an
"ZEW Indicator of Economic Sentiment - Positive Outlook Confirmed"
press release March 13, 2012; Centre webpages. Inflation not mentioned in press release. Retrieved 2012-03-13. found a notable increase in German sentiment.Watts, William L.
"German March ZEW index jumps to 22.3"
'' MarketWatch'', March 13, 2012. Retrieved 2012-03-13. Another of the several measures in the survey—of the "Current economic situation"—showed little change in the month, while inflation expectations rose sharply. The indicator showed an "unexpected rise in April

012 012 may refer to: * Tyrrell 012, a Formula One racing car * The dialing code for Pretoria Pretoria () is South Africa's administrative capital, serving as the seat of the executive branch of government, and as the host to all foreign embassie ...

for a fifth straight monthly gain. The indicator rose to 23.4 from 22.3 in March, against expectations for a decline to 20.0", a result which upon release was cited relative to gains in European stock markets in mid-month.Kollmeyer, Barbara
"Europe stocks extend gains after German ZEW"
'' MarketWatch'', April 17, 2012. Retrieved 2012-04-17.

References

{{DEFAULTSORT:Zentrum fur Europaische Wirtschaftsforschung Economic research institutes Research institutes in Germany