A trend towards softer regulation, especially in the form of negotiated environmental agreements, is observable in national and international environmental policies. Such agreements are controversial, because there are fears that government will relinquish its responsibility for environmental...

In the context of climate protection policy it has been suggested that global CO2 emissions should be reduced significantly (contraction) and that per capita emissions should gradually be equalized across countries (convergence). This paper uses a dynamic multi-region computable general...

Ein kurzer Name sorgt für eine anhaltende Debatte: TTIP [tiːtɪp]. Seit Beginn der Verhandlungen im Sommer 2013 trägt die mediale Berichterstattung über die geplante "Transatlantic Trade and Investment Partnership" zwischen der EU und den USA zur kritischen Auseinandersetzung mit der...

We evaluate the effects of the 2009 Home Affordable Modification Program (HAMP) that provided intermediaries with sizeable financial incentives to renegotiate mortgages. HAMP increased intensity of renegotiations and prevented substantial number of foreclosures but reached just one-third of its...