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We analyze the effects of governmental redistribution of income on migration patterns,using an Italian administrative … level covariates, migration costs, and when testing for stochastic dominance of the skill distributions of migrants and … stayers. Policy simulations are run in order to gauge the magnitude of these migration effects. Based on estimated …
Persistent link: https://www.econbiz.de/10012010530
landscape. Uncertainty and perceptions are influential drivers when it comes to migration decisions, and yet, the literature … migratory behaviour of the citizens of an entire nation. Using official bilateral migration statistics, we highlight a … substantial increase in migration flows from the UK to the remaining EU/EFTA countries. Exceptional spikes in naturalisation …
Persistent link: https://www.econbiz.de/10012261129
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The green paradox conveys the idea that climate policies may have unintended side effects when taking into account the reaction of fossil fuel suppliers. In particular, carbon taxes that will be implemented in the future induce resource owners to extract more rapidly which increases present...
Persistent link: https://www.econbiz.de/10010429908
We develop a two sector incomplete markets integrated assessment model to analyze the effectiveness of green quantitative easing (QE) in complementing fiscal policies for climate change mitigation. We model green QE through an outstanding stock of private assets held by a monetary authority and...
Persistent link: https://www.econbiz.de/10013281474
This review summarizes the empirical literature on the effects of natural disasters and weather variations on international trade flows. A first result is that the body of literature is actually not as small as previously suggested. In total, I summarize 19 studies of 18 independent research...
Persistent link: https://www.econbiz.de/10011960760
. Impairments were mostly driven by corporate loans concentrated in specific sectors, such as agriculture and manufacturing, and to …
Persistent link: https://www.econbiz.de/10013370513
Most empirical studies on private climate change adaptation rely on self-reported intentions which often fail to translate into real actions. Consequently, this strand of literature can only insufficiently account for the intention behavior gap (IBG) in climate change adaptation, which...
Persistent link: https://www.econbiz.de/10013460352
We propose and implement a method to identify shocks to transition risk, addressing key challenges regarding its definition and measurement. Our shocks are instances where significant new information about the economic relevance of climate change increases the valuation of green firms over brown...
Persistent link: https://www.econbiz.de/10014227599