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Fighting Climate Change : The Role of Norms, Preferences, and Moral Values
Falk, Armin; Andre, Peter; Boneva, Teodora; Chopra, Felix - 2021
We document individual willingness to fight climate change and its behavioral determinants in a large representative sample of US adults. Willingness to fight climate change – as measured through an incentivized donation decision – is highly heterogeneous across the population. Individual...
Persistent link: https://www.econbiz.de/10013219074
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Who Voted for Brexit? A Comprehensive District-Level Analysis
Becker, Sascha O.; Fetzer, Thiemo; Novy, Dennis - 2017
On 23 June 2016, the British electorate voted to leave the European Union. We analyze vote and turnout shares across 380 local authority areas in the United Kingdom. We find that exposure to the EU in terms of immigration and trade provides relatively little explanatory power for the referendum...
Persistent link: https://www.econbiz.de/10011657159
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Did Austerity Cause Brexit?
Fetzer, Thiemo - 2018
Did austerity cause Brexit? This paper shows that the rise of popular support for the UK Independence Party (UKIP), as … to austerity since 2010. In addition to exploiting data from the population of all electoral contests in the UK since … have resulted in a Remain victory had it not been for a range of austerity-induced welfare reforms. Further, auxiliary …
Persistent link: https://www.econbiz.de/10011887419
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Leveraged Bubbles
Jordà, Òscar; Schularick, Moritz; Taylor, Alan M. - 2015
What risks do asset price bubbles pose for the economy? This paper studies bubbles in housing and equity markets in 17 countries over the past 140 years. History shows that not all bubbles are alike. Some have enormous costs for the economy, while others blow over. We demonstrate that what makes...
Persistent link: https://www.econbiz.de/10011388152
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Do Weak Institutions Prolong Crises? On the Identification, Characteristics, and Duration of Declines during Economic Slumps
Bluhm, Richard; de Crombrugghe, Denis; Szirmai, Adam - 2014
institutions precede crises and, interestingly, positive reforms occur thereafter. Strong institutions shorten the duration of … crises, ethnic cleavages do the reverse. However, the negative effects of ethnic cleavages are not insurmountable: an …
Persistent link: https://www.econbiz.de/10010333418
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Strategic complementarity, fragility, and regulation
Vives, Xavier - 2011
The paper analyzes a very stylized model of crises and demonstrates how the degree of strategic complementarity in the …
Persistent link: https://www.econbiz.de/10010277386
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One Size Does Not Fit All: TFP in the Aftermath of Financial Crises in Three European Countries
Abele, Christian; Bénassy-Quéré, Agnès; Fontagné, … - 2021
common break date. One size does not fit all when it comes to identifying the impact of financial crises on firm level …
Persistent link: https://www.econbiz.de/10012493037
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Using Scientific Publications to Evaluate Government R&D Spending: The Case of Energy
Popp, David - 2015
The mix of public and private research funding investments in alternative energy presents a challenge for isolating the effect of government R&D funding. Factors such as energy prices and environmental policy influence both private and public R&D decisions. Moreover, because government R&D is...
Persistent link: https://www.econbiz.de/10011307107
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Did the Renewable Fuel Standard Shift Market Expectations of the Price of Ethanol?
Baumeister, Christiane; Ellwanger, Reinhard; Kilian, Lutz - 2016
It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in biofuel policies operates in part through market expectations and shifts in storage demand, yet to date it has proved difficult to measure these expectations and to empirically...
Persistent link: https://www.econbiz.de/10011615837
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The Market for "Harmful Component-Free" Products under Pressure from the NGOs
Brécard, Dorothée; Chiroleu-Assouline, Mireille - 2020
Non-governmental organizations (NGOs) are exerting growing pressure on firms to eliminate product components (such as palm oil) that are harmful to the environment (such as rainforests) or replace such components with NGO-certified sustainable components. Under which conditions does NGO pressure...
Persistent link: https://www.econbiz.de/10012269459