Similar Search Results

What Calls to Arms? International Evidence on Interest Rates and the Choice of Adjustable-Rate Mortgages

Badarinza, Cristian - 2014

The relative popularity of adjustable-rate mortgages (ARMs) and fixed-rate mort- gages (FRMs) varies considerably both across countries and over time. We ask how movements in current and expected future interest rates affect the share of ARMs in total mortgage issuance. Using a nine-country...

Persistent link: https://www.econbiz.de/10013048590

Policies for Green Design

Fullerton, Don; Wu, Wenbo - 2022

We analyze alternative policies such as a disposal content fee, a subsidy for recyclable designs, unit pricing of household disposal, a deposit-refund system, and a manufacturer `take-back' requirement. In order to identify the problem being addressed, we build a simple general equilibrium model...

Persistent link: https://www.econbiz.de/10013324059

An Assessment of the Energy-Efficiency Gap and its Implications for Climate-Change Policy

Gerarden, Todd - 2015

Improving end-use energy efficiency—that is, the energy-efficiency of individuals, households, and firms as they consume energy—is often cited as an important element in efforts to reduce greenhouse-gas (GHG) emissions. Arguments for improving energy efficiency usually rely on the idea that...

Persistent link: https://www.econbiz.de/10013029013

Environmental Engel Curves

Levinson, Arik - 2015

Environmental Engel curves (EECs) plot the relationship between households' incomes and the pollution embodied in the goods and services they consume. They provide a basis for estimating the degree to which observed environmental improvements, which come in part from changing consumption...

Persistent link: https://www.econbiz.de/10013029022

Carbon Taxes, Path Dependency and Directed Technical Change : Evidence from the Auto Industry

Aghion, Philippe - 2014

Can directed technical change be used to combat climate change? We construct new firm-level panel data on auto industry innovation distinguishing between "dirty" (internal combustion engine) and "clean" (e.g. electric and hybrid) patents across 80 countries over several decades. We show that...

Persistent link: https://www.econbiz.de/10013064941

From Nothing to Too Much : Regulatory Reform in Greece

Hatzis, Aristides N.; Nalpantidou, Sonia - 2013

After many years of an impasse in attempts to introduce Regulatory Impact Assessment to Greece the Greek Prime Minister … and every Region although the experts who can undertake this task in Greece are very few. The first RIAs (which are not … publicly available) proved to be of a very low quality and extremely simplistic. The introduction of such a system in Greece is …

Persistent link: https://www.econbiz.de/10014221615

The Analytics of the Greek Crisis

Gourinchas, Pierre-Olivier - 2016

decline in Greece's output, especially investment, is deeper and more persistent than in almost any crisis on record over that …

Persistent link: https://www.econbiz.de/10012988078

The Human Side of Austerity : Health Spending and Outcomes During the Greek Crisis

Perotti, Roberto - 2018

between budget cuts and health outcomes. Health spending and inputs were very high in Greece before the crisis: in several …

Persistent link: https://www.econbiz.de/10012912530

Covid-19 and SME Failures

Gourinchas, Pierre-Olivier; Kalemli-Ozcan, Sebnem; … - 2021

We estimate the impact of COVID-19 on business failures for small and medium sized enterprises (SMEs) using firm-level data in seventeen countries. Absent government support, the failure rate of SMEs would have increased by 9.1 percentage points, representing 4.6 percent of private sector...

Persistent link: https://www.econbiz.de/10013244116

Target Loans, Current Account Balances and Capital Flows : The Ecb's Rescue Facility

Sinn, Hans-Werner - 2011

destroyed the Bretton Woods System. Greece, Ireland, Portugal, Spain and Italy have suffered from balance-of-payments deficits …

Persistent link: https://www.econbiz.de/10013118098