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Investment traps and resilience to shocks: An experimental study of Central Asian collective water governance
Amirova, Iroda; Petrick, Martin; Djanibekov, Nodir - In: Irrigation and Drainage 71 (2022) S1, pp. 110-123
We theoretically and empirically investigate the investments of water users in a stylized local irrigation system. We model irrigation self-management as an interdependent interaction of users in an evolutionary game and study the resilience of the irrigation system. The theoretical model...
Persistent link: https://www.econbiz.de/10013413261
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What do premiums paid for bank M&As reflect? The case of the European Union
Hagendorff, Jens; Hernando, Ignacio; Nieto, Maria J.; … - 2010
supervision and of deposit insurance regimes in Europe has measurable effects on takeover pricing. Stricter bank regulatory …
Persistent link: https://www.econbiz.de/10010292291
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The safety and soundness effects of bank M&A in the EU
Hagendorff, Jens; Nieto, Maria J.; Wall, Larry D. - 2012
This paper studies the impact of European bank mergers and acquisitions on changes in key safety and soundness measures of both acquirers and targets. We find that capitalization, profitability, and liquidity show signs of statistically and economically significant mean reversion for acquirers....
Persistent link: https://www.econbiz.de/10010292358
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What happens to the careers of European workers when immigrants "take their jobs"?
Cattaneo, Cristina; Fiorio, Carlo V.; Peri, Giovanni - 2013
In this paper we use a dataset that follows a representative sample of native Europeans, resident of 11 countries, over the period 1995-2001, in order to identify the effect of inflows of immigrants on their career, employment, location and wage. We use the 1991 distribution of immigrants by...
Persistent link: https://www.econbiz.de/10010293178
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Environmental regulation and investment: Evidence from European country-industry data
Leiter, Andrea M.; Parolini, Arno; Winner, Hannes - 2010
This paper contributes to the empirical literature on the relationship between environmental regulation and firm behavior. In particular, we ask whether and how strongly an industry's investment responds to stringency in environmental regulation. Environmental stringency is measured as (i) an...
Persistent link: https://www.econbiz.de/10010293333
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Global steam coal supply costs in the face of Chinese infrastructure investment decisions
Paulus, Moritz; Trueby, Johannes - 2010
marginal costs of steam coal supply in Europe. Increasing Chinese demand for steam coal will lead to a growing need for … especially affect nations mainly relying on imports, like for example Europe. We analyze the scope of this effect under different … long run marginal costs of supply for Europe and the US but significant effects for China. …
Persistent link: https://www.econbiz.de/10010293356
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Simulating security of supply effects of the Nabucco and South Stream projects for the European natural gas market
Dieckhöner, Caroline - 2010
of these two major gas import pipeline projects on the South-Eastern Europe gas supply and analyzes their effects on gas …
Persistent link: https://www.econbiz.de/10010293358
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Labor supply elasticities in Europe and the US
Bargain, Olivier; Orsini, Kristian; Peichl, Andreas - 2011
Despite numerous studies on labor supply, the size of elasticities is rarely comparable across countries. In this paper, we suggest the first large-scale international comparison of elasticities, while netting out possible differences due to methods, data selection and the period of...
Persistent link: https://www.econbiz.de/10010293670
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Migration, cultural diversity and innovation: A European perspective
Bosetti, Valentina; Cattaneo, Cristina; Verdolini, Elena - 2012
This paper analyses the effect of skilled migration on two measures of innovation, patenting and citations of scientific publications, in a panel of 20 European countries. Skilled migrants positively contribute to the knowledge formation in host countries as they add to the pool of skills in...
Persistent link: https://www.econbiz.de/10010294303
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Natural Hazards Insurance in Europe ? Tailored Responses to Climate Change Needed
Schwarze, Reimund; Wagner, Gert G. - 2009
This paper provides an overview on the existing systems of natural hazards insurance in Europe, their structural …
Persistent link: https://www.econbiz.de/10010294830