Showing 1 - 10 of 125
This paper studies the implications for climate policy of the interactions between environmental and knowledge externalities. Using a numerical analysis performed with the hybrid integrated assessment model WITCH, extended to include mutual spillovers between the energy and the non-energy...
Persistent link: https://www.econbiz.de/10008572516
that the connection between overconfidence and innovation is more complex than the previous literature suggests. In … innovative activity. While overoptimism leads to an innovation enhancing effect, judgmental overconfidence inhibits innovation …. Our results indicate that future research is well advised to take into account that the relationship between innovation …
Persistent link: https://www.econbiz.de/10010877694
We develop a theory of innovation for entry and sale into oligopoly, and show that inventions of higher quality are …
Persistent link: https://www.econbiz.de/10010877893
Demographic change will be one of the major challenges for economic policy in the developed world in the next decades …
Persistent link: https://www.econbiz.de/10005094224
Immigrants are widely perceived as being highly entrepreneurial and important for economic growth and innovation. This … attempt to attract immigrant entrepreneurs. Not surprisingly, a large body of research on immigrant entrepreneurship has … fundamental immigrant entrepreneurship issues as well as the empirical methods and data used. The main themes we address are …
Persistent link: https://www.econbiz.de/10011257678
In recent years, differences between traditional and green parties have been leveled with respect to climate protection. We show that this partial convergence in party platforms can be explained by international climate agreements, effectively reducing greenhouse gas emissions. We set up a...
Persistent link: https://www.econbiz.de/10009320779
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
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
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
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