Using a country-industry panel dataset (EUKLEMS) we uncover a robust empirical regularity, namely that high-risk …

stochastic production process in energy use. Special attention is given to the factors that increase the risk or variation of … more to the increase in the mean energy demand than to the reduction in the level of risk. It is recommended that …

. Evaluation studies of such programmes commonly rely on the conditional independence assumption (CIA), allowing a causal … success, these variables were neglected in evaluation studies so far due to data limitations. In this paper, we evaluate a new … administrative-survey data allows us to incorporate usually unobserved personality measures in the evaluation and investigate their …