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Drought and groundwater management
Amundsen, Eirik Schrøder; Jensen, Frank - 2016
uncertain date. Three management policies are investigated: i) a laissez-faire (open-access) policy of automatic adjustment … through a zero marginal private net benefit condition, ii) a policy of optimal dynamic management ignoring the threat of the … optimal dynamic policy taking account of the threat of a drought. In particular, we show that the optimal pre-drought steady …
Persistent link: https://www.econbiz.de/10011497789
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Institutional reform and depositors' portfolio choice : evidence from censored quantile regressions
Berlemann, Michael; Luik, Marc-André - 2014
In this paper we study the effect of institutional reform on the decision to hold risky assets at the extensive and the intensive margin. We therefore make use of the natural experiment of German Division and Reunification and, based on savings bank customer data from German savings banks, study...
Persistent link: https://www.econbiz.de/10010349868
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Candid lame ducks
Lopes da Fonseca, Mariana - 2016
an exogenous variation in eligibility for re-election affects local fiscal policy choices. Relying on electoral and … analysis estimates how fiscal policy differs on average between re-eligible and term-limited incumbents. Results indicate that …
Persistent link: https://www.econbiz.de/10011433947
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Reforming an institutional culture of corruption : a model of motivated agents and collective reputation
Valasek, Justin Mattias - 2015
increase motivation. Lastly, we discuss the implication of our results for policy measures aimed at reforming an institutional …
Persistent link: https://www.econbiz.de/10011384510
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Can institutional transplants work? : a reassessment of the evidence from nineteenth-century Prussia
Edwards, Jeremy S. S. - 2021
The institutional reforms France imposed in the parts of Germany it occupied in the late eighteenth and early nineteenth centuries are claimed to provide an example of successful externally-imposed institutional reforms. The most detailed study is that of Lecce and Ogliari (2019), who argue that...
Persistent link: https://www.econbiz.de/10012628735
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Stable money and central bank independence : implementing monetary institutions in postwar Germany
Hefeker, Carsten - 2019
Germany prides itself in having one of the most successful central banks and currencies with respect to independence and stability. I show that not only were both imposed on the country after 1945 but that there was also initial resistance to both among German experts and officials. This is a...
Persistent link: https://www.econbiz.de/10012119851
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Institutional reform and depositors' portfolio choice : evidence from censored quantile regressions ; conference paper
Berlemann, Michael; Luik, Marc-André - 2014
The determinants of portfolio choice have been studied extensively in the field of household finance. In this paper we study the determinants of the decision to hold risky assets based on a novel dataset of German bank data. Our primary focus is the question whether East Germans differ in their...
Persistent link: https://www.econbiz.de/10010481348
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Turkish delight does Turkey´s accession to the EU bring economic benefits?
Lejour, Arjan; Mooij, Ruud A. de - 2004
We explore the economic implications of the possible Turkish accession to the European Union. We focus on three main changes associated with Turkish membership: (i) accession to the internal European Market; (ii) institutional reforms in Turkey triggered by EU-membership; and (iii) migration in...
Persistent link: https://www.econbiz.de/10011402438
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Opium for the masses? : conflict-induced narcotics production in Afghanistan
Lind, Jo Thori; Moene, Karl Ove; Willumsen, Fredrik - 2009
irrigation, crucial to alternative crops, and weakens local incentives to rebuild infrastructure and enforce law and order …
Persistent link: https://www.econbiz.de/10003813626
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Does a generous welfare state crowd out student achievement? : panel data evidence from international student tests
Falch, Torberg (contributor);  … - 2008
relationship between redistributive government activities and investment in human capital measured by student performance in …
Persistent link: https://www.econbiz.de/10003749642