The paper develops a two-region endogenous growth model with climate change affecting the countries' capital stocks negatively. We compare two different policies aimed at supporting less developed countries: climate mitigation by rich countries, which diminishes the increase in stock pollution...

Dieser Beitrag beinhaltet eine modifizierte Fassung des Vortrags, der anlässlich der Verteidigung der Dissertation des Autors an der Martin-Luther-Universität Halle-Wittenberg am 18. November 2010 gehalten wurde. Das Diskussionspapier vermittelt einen thesenhaften Überblick über den...

In the current recession, politicians grant state aid of yet unknown dimensions. But what is the most efficient measure for granting such aid? We use a theoretical model with firms that differ in their creditworthiness and compare different types of direct subsidies with indirectly subsidized...

In the current recession, politicians grant state aid of yet unknown dimensions. But what is the most efficient measure for granting such aid‘ We use a theoretical model with firms that differ in their creditworthiness and compare different types of direct subsidies with indirectly subsidized...

Evidence for the long-term effects of foreign aid on local communities is mixed. In a laboratory experiment, we investigate whether external subsidies, e.g. foreign assistance, promote or undermine giving. Subjects play two rounds of a dictator game followed by an elicitation of norms. In both...