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Behavioral determinants of proclaimed support for environment protection policies
Kauder, Björn; Potrafke, Niklas; Ursprung, Heinrich W. - 2016
Using a representative survey of German university students, we confirm that proclaimed support for environment protection policies depends on socio-cultural factors and political ideology. Unlike most related studies for other countries, we find that the environmental policy stance of German...
Persistent link: https://www.econbiz.de/10011502551
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Capital structure and regulation in US local telephony: an exploratory econometric study
Resende, Marcelo - 2009
The paper aims at empirically investigating the relationship between regulation and the capital structure of the regulated firm, A key aspect of the referred relationship pertains a leverage effect according to which debt could be increased as a response to previous physical capital investment...
Persistent link: https://www.econbiz.de/10003854388
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Persistence of politicians and firms' innovation
Bellettini, Giorgio; Berti Ceroni, Carlotta; Prarolo, … - 2011
We empirically investigate whether the persistence of politicians in political institutions affects the innovation activity of firms. We use 12,000 firm-level observations from three waves of the Italian Observatory over Small and Medium Enterprises, and introduce a measure of political...
Persistent link: https://www.econbiz.de/10009010055
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Should local public employment services be merged with the local social benefit administrations?
Holzner, Christian; Munz, Sonja - 2011
The German Federal government has allowed some regions (Approved Local Providers) to be solely responsible for the care of long-term unemployed. The remaining regions had to form Joint Local Agencies, where the local social benefit administrations work together with the local public employment...
Persistent link: https://www.econbiz.de/10009130222
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The impact of city contracting set-asides on black self-employment and employment
Chatterji, Aaron K.; Chay, Kenneth Y.; Fairlie, Robert W. - 2013
In the 1980s, many U.S. cities initiated programs reserving a proportion of government contracts for minority-owned businesses. The staggered introduction of these set-aside programs is used to estimate their impacts on the self-employment and employment rates of African-American men. Black...
Persistent link: https://www.econbiz.de/10009727119
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Stock market cycles and supply side dynamics : two worlds, one vision?
De Grauwe, Paul; Gerba, Eddie - 2015
bounded rationality behavioural models. Both models are extended to include a financial friction on the supply side.The result … in both models is that production, supply of credit and the front payment to capital producers depend heavily on the …
Persistent link: https://www.econbiz.de/10011374197
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Demand or supply? : price adjustment during the Covid-19 pandemic
Balleer, Almut; Link, Sebastian; Menkhoff, Manuel; … - 2020 - This version: August 2020
We study planned price changes in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand deficiencies dominate in the short run. Quarter …
Persistent link: https://www.econbiz.de/10012238496
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Structural interpretation of vector autoregressions with incomplete identification : revisiting the role of oil supply and demand shocks
Baumeister, Christiane; Hamilton, James D. - 2017 - Revised December 21, 2017
uncertainty about the identifying assumptions themselves. We use this approach to revisit the importance of shocks to oil supply … and demand. Supply disruptions turn out to be a bigger factor in historical oil price movements and inventory accumulation … a smaller factor than implied by earlier estimates. Supply shocks lead to a reduction in global economic activity after …
Persistent link: https://www.econbiz.de/10011782040
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Structural interpretation of vector autoregressions with incomplete information : revisiting the role of oil supply and demand shocks : comment
Kilian, Lutz; Zhou, Xiaoqing - 2018
mainly the imposition of a highly unrealistic prior for the global impact price elasticity of oil supply. Once identification … uncertainty about the global price elasticity of oil supply is accounted for by specifying a prior more in line with extraneous …
Persistent link: https://www.econbiz.de/10011882307
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Information aggregation in democratic mechanisms
Britz, Volker; Gersbach, Hans - 2016 - This version: January 22, 2016
We examine whether and how democratic procedures can achieve socially desirable public good provision in the presence of profound uncertainty about the benefits of public goods, i.e., when citizens are able to identify the distribution of benefits only if they aggregate their private...
Persistent link: https://www.econbiz.de/10011444451