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Regime shifts and uncertainty in pollution control
Zeeuw, Aart de; Zemel, Amos - 2012
We develop a simple model of managing a system subject to pollution damage under risk of an abrupt and random jump in …. -- environmental pollution ; optimal management ; catastrophic transitions ; uncertainty ; adaptation ; mitigation …
Persistent link: https://www.econbiz.de/10009489041
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Pollution, shadow economy and corruption : theory and evidence
Biswas, Amit K.; Farzanegan, Mohammad Reza; Thum, Marcel - 2011
We study how the shadow economy affects pollution and how this effect depends on corruption levels in public … be accompanied by higher pollution levels. Our theoretical model predicts that controlling the levels of corruption can … limit the effect of the shadow economy on pollution. We use panel data covering the period from 1999-2005 from more than 100 …
Persistent link: https://www.econbiz.de/10009375247
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Donating time or money : are they substitutes or complements?
Hartmann, Bastian; Werding, Martin - 2012
Decisions to donate time or money for charitable purposes are typically seen as make-or-buy decisions, implying that there should be a clear distinction between individuals engaging in one of these two forms of giving and that this distinction should be somehow linked to opportunity costs. But...
Persistent link: https://www.econbiz.de/10009570044
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Information asymmetry, education signals and the case of ethnic and native Germans
Hornig, Stephan O.; Rottmann, Horst; Wapler, Rüdiger - 2009
whether the signalling value differs between the migrants and non-migrants in the German labour market. Starting from the … administrative data from the German Federal Employment Agency. -- sorting theory ; human-capital theory ; returns to education …
Persistent link: https://www.econbiz.de/10003854405
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Venture cycles : theory and evidence
Gehrig, Thomas P.; Stenbacka, Rune - 2003
We demonstrate how endogenous information acquisition in venture capital markets creates investment cycles when competing financiers undertake their screening decisions in an uncoordinated way, thereby highlighting the role of intertemporal screening externalities induced by competition among...
Persistent link: https://www.econbiz.de/10011506424
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The expected (signaling) value of higher education
Ehrmantraut, Laura; Pinger, Pia; Stans, Renske - 2020
This paper explores students' expectations about the returns to completing higher education and provides first evidence on perceived signaling and human capital effects. We elicit counterfactual labor market expectations for the hypothetical scenarios of leaving university with or without a...
Persistent link: https://www.econbiz.de/10012293817
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Human capital, signaling, and employer learning : what insights do we gain from regression discontinuity designs?
Graetz, Georg - 2017
Several recent papers employ the regression discontinuity design (RDD) to estimate the causal effect of a diploma (or similar credentials) on wages. Using a simple model of asymmetric information, I show that RDD estimates the information value of a diploma. A positive information value arises...
Persistent link: https://www.econbiz.de/10011757770
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Identification and estimation of the environmental Kuznets curve : pairwise differencing to deal with nonlinearity and nonstationarity
Sen, Suphi; Melenberg, Bertrand; Vollebergh, Herman R. J. - 2016
We propose an estimation strategy that accounts for two major problems raised in the empirical literature testing for the prevalence of the inverted U-shaped relation between environmental degradation and economic activity, namely the Environmental Kuznets Curve (EKC) hypothesis. First, we use...
Persistent link: https://www.econbiz.de/10011447524
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The environmental Kuznets curve : exploring a fresh specification
Bradford, David F.; Schlieckert, Rebecca; Shore, Stephen H. - 2000
between income level and pollution). The new specification enables us to draw conclusions from fixed effects estimation. In …
Persistent link: https://www.econbiz.de/10009781648
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Pandemic meets pollution : poor air quality increases deaths by COVID-19
Isphording, Ingo Eduard; Pestel, Nico - 2020
We study the impact of short-term exposure to ambient air pollution on the spread and severity of COVID-19 in Germany … patients (80+ years): higher levels of air pollution by one standard deviation 3 to 12 days after developing symptoms increase … deaths by 30 percent (males) and 35 percent (females) of the mean. In addition, air pollution raises the number of confirmed …
Persistent link: https://www.econbiz.de/10012263327