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R&D-based growth theory suggests that a larger population size raises either the long-run rate of economic growth …
Persistent link: https://www.econbiz.de/10013316550
In a model where firms face a continuous choice of how much to invest in environmental innovation, we show that an ever …
Persistent link: https://www.econbiz.de/10013051606
Social norms and intrinsic motivations lead to environmentally friendly behaviour even in the absence of environmental policy. This paper looks at the interactions of social norms and environmental regulation in their impact on individual behaviour. People obtain social rewards for voluntary...
Persistent link: https://www.econbiz.de/10013317346
While the US experienced two successive labor productivity surges in 1995 and 2000, Germany's productivity declined … dramatically during the same period. We examine the sources of Germany's productivity demise using the ifo industry growth … reduction in German labor hours, our data show that Information, Communication and Technology (ICT) investment in Germany was …
Persistent link: https://www.econbiz.de/10012777731
A national-champions-related industrial policy has become (again) en vogue among European politicians. Against this background, our work orders different types of national champions along the industry lifecycle. Different types of locally bound externalities appear along the lifecycle. In a...
Persistent link: https://www.econbiz.de/10012770493
Using Dutch data we empirically investigate how financing and innovation vary across firm characteristics. We find that … when firms face financial constraints, debt financing and innovation choices are not independent of firm characteristics …
Persistent link: https://www.econbiz.de/10013057269
We examine long-run treaties for mitigating climate change. Countries pay an initial fee into a global fund that is invested in long-run assets. In each period, part of the fund is distributed among the participating countries in relation to the emission reductions they have achieved in this...
Persistent link: https://www.econbiz.de/10012958888
Fiscal sustainability tests have largely ignored the institutional setting of fiscal policy making. Fiscal equalization schemes in federal states are one such institution. We examine whether German state governments pursue sustainable fiscal policies taking into account fiscal equalization...
Persistent link: https://www.econbiz.de/10013100010
default. Due to a multitude of large scale events in its past, Germany is far from being an exception: In fact, Germany … Germany's public finances against the standard theoretical back‐ground using a unique database, retrieved from multiple …, contradicting the historical perception of Germany as the poster child of European public finance. Given these corresponding breaks …
Persistent link: https://www.econbiz.de/10013085753
Germany using an unprecedentedly comprehensive fiscal dataset for the time period from 1950 to 2011 for West German Laender …
Persistent link: https://www.econbiz.de/10013047345