Similar Search Results

Newbery, David M. G. - 2004

Persistent link: https://www.econbiz.de/10011402670

Carbon prices are redundant in the 2030 EU climate and energy policy package

Aune, Finn Roar; Golombek, Rolf - 2018

In June 2018, an agreement between key EU institutions - the Commission, the European Parliament, and the European Council - was reached after a long-lasting discourse over the 2030 EU climate and energy policy package. This paper offers a comprehensive assessment of the EU package, with its...

Persistent link: https://www.econbiz.de/10011933893

A macroeconomic analysis of energy subsidies in a small open economy

Glomm, Gerhard; Jung, Jürgen - 2015

We construct a dynamic model of a small open economy to analyze the effects of large energy subsidies. The model includes domestic energy production and consumption, trade in energy at world market prices, as well as private and public sector production. The model is calibrated to Egypt and used...

Persistent link: https://www.econbiz.de/10010479353

The macroeconomics of clean energy subsidies

Casey, Gregory; Jeon, Woongchan; Traeger, Christian - 2023

We study clean energy subsidies in a quantitative climate-economy model. Clean en-ergy subsidies decrease carbon emissions if and only if they lower the marginal product of dirty energy. The constrained-efficient subsidy equals the marginal external cost of dirty energy multiplied by the...

Persistent link: https://www.econbiz.de/10014444067

Green governments

Potrafke, Niklas; Wüthrich, Kaspar - 2020

We examine how Green governments influence macroeconomic, education, and environmental outcomes. Our empirical strategy exploits that the Fukushima nuclear disaster in Japan gave rise to an unanticipated change in government in the German state Baden-Wuerttemberg in 2011. The incumbent rightwing...

Persistent link: https://www.econbiz.de/10012319437

The quantification of structural reforms : extending the framework to emerging market economies

Égert, Balázs - 2018

. More competition-friendly regulations, as measured by the OECDs' Product Market Regulation (PMR) indicator improve economic … businesses boost the capital stock and the employment rate. No robust link between labour market regulation and MFP and capital … deepening could be established. But looser labour market regulation is found to go hand in hand with higher employment rates …

Persistent link: https://www.econbiz.de/10011800715

The impact of market regulations on intra-European real exchange rates

Bénassy-Quéré, Agnès; Coulibaly, Dramane - 2013

We study the contribution of market regulations in the dynamics of the real exchange rate within the European Union. Based on a model proposed by De Gregorio et al. (1994a), we show that both product market regulations in nontradable sectors and employment protection tend to inflate the real...

Persistent link: https://www.econbiz.de/10009691682

The engine immobilizer : a non-starter for car thieves

Ours, Jan C. van; Vollaard, Ben A. - 2013

precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory … for all new cars sold within the European Union as of 1998. We exploit the regulation as source of exogenous variation in … theft. -- car theft ; government regulation ; crime ; victim precaution …

Persistent link: https://www.econbiz.de/10009700313

Stock market returns, corporate governance and capital market equilibrium

Parigi, Bruno; Pelizzon, Loriana; Thadden, Ernst-Ludwig von - 2013

This paper proposes a theoretical model that incorporates corporate governance into the basic CAPM, where corporate governance affects the disutility of managerial effort and the possibility of managers to divert company resources. It shows that corporate governance affects firms’ stock...

Persistent link: https://www.econbiz.de/10010212666

How much sunlight does it take to disinfect a boardroom? : a short history of executive compensation regulation

Dew-Becker, Ian (contributor) - 2008

This paper reviews the history of executive compensation disclosure and other government policies affecting CEO pay, and as well surveys the literature on the effects of these policies. Disclosure has increased nearly uniformly since 1933. A number of other regulations, including special taxes...

Persistent link: https://www.econbiz.de/10003749481