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The Biological Standard of Living in the Two Germanies
Komlos, John; Kriwy, Peter - CESifo - 2001
Physical stature is used as a proxy for the biological standard of living in thetwo Germanies before and after unification in an analysis of a cross-sectionalsample (1998) of adult heights, as well as among military recruits of the1990s. West Germans tended to be taller than East Germans...
Persistent link: https://www.econbiz.de/10005094150
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The Rise of Capitalism and the Roots of Anti-American Terrorism
Krieger, Tim; Meierrieks, Daniel - CESifo - 2014
, consistent with economic norms theory, higher levels of market-capitalism are associated with less anti-American terrorism …This contribution examines the role of capitalism in anti-American terrorism. Using data for 149 countries between 1970 … and 2007, this contribution, contrary to expectations from capitalist peace theory, does not find that Anti …
Persistent link: https://www.econbiz.de/10010796436
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Climate Policy under Sustainable Discounted Utilitarianism
Dietz, Simon; Asheim, Geir B. - CESifo - 2011
Empirical evaluation of policies to mitigate climate change has been largely confined to the application of discounted utilitarianism (DU). DU is controversial, both due to the conditions through which it is justified and due to its consequences for climate policies, where the discounting of...
Persistent link: https://www.econbiz.de/10009293489
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Feeling the Heat: Temperature, Physiology & the Wealth of Nations
Heal, Geoffrey; Park, Jisung - CESifo - 2014
Does temperature affect economic performance? Has temperature always affected social welfare through its impact on physical and cognitive function? While many studies have explored the indirect links between climate and welfare (e.g. agricultural yield, violent conflict, or sea-level rise), few...
Persistent link: https://www.econbiz.de/10010747215
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Corrective Taxation for Curbing Pollution and Promoting Green Product Design and Recycling
Eichner, Thomas; Pethig, Rüdiger - CESifo - 2000
In this paper we consider a competitive economy with flows of materials from extraction via recycling to landfilling … stimulates recycling as expected. But it also increases primary material extraction and - possibly - the total waste flow, and it … reduces the recycling ratio. …
Persistent link: https://www.econbiz.de/10005766303
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A Ricardian Analysis of the Impact of Climate Change on European Agriculture
Passel, Steven Van; Massetti, Emanuele; Mendelsohn, Robert - CESifo - 2014
This research estimates the impact of climate on European agriculture using a continental scale Ricardian analysis. Climate, soil, geography and regional socio-economic variables are matched with farm level data from 37,612 farms across Western Europe. We demonstrate that a median quantile...
Persistent link: https://www.econbiz.de/10010877673
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The Green Paradox in Open Economies
Long, Ngo Van - CESifo - 2014
This paper explains how, in the context of incomplete coordination among all countries, unilateral policies that might at first sight seem pro-green could actually turn out to harm the global environment. The free-riding motives and the difficulty of reaching an effective international...
Persistent link: https://www.econbiz.de/10010877704
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Investment Policy for Time-Inconsistent Discounters
Harstad, Bård - CESifo - 2013
This paper explores how a principal with time-inconsistent preferences invests optimally in technology or capital. If the current principal prefers her future self to save more, she can increase current investments complementary to future savings and decrease investments in the strategic...
Persistent link: https://www.econbiz.de/10010877709
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Explosive Oil Prices
Gronwald, Marc - CESifo - 2013
This paper deals with three aspects of spectacular oil price episodes such as the one witnessed in 2008. First, the concept of temporary explosiveness is proposed as an empirical method for capturing this type of behavior. The application of a recently proposed recursive unit root test shows...
Persistent link: https://www.econbiz.de/10010877773
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Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany
Hintermann, Beat - CESifo - 2014
I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot market data. I control for contemporaneous shocks to demand and supply by constructing a detailed supply curve for fossil generation, and intersecting it with residual demand for...
Persistent link: https://www.econbiz.de/10010948833