This paper extends the literature on energy-related financial literacy by examining its role in collective energy retrofit investment decisions in post-Soviet countries, which suffer from suboptimal levels of these investments purportedly due to a lack of energy-specific knowledge and financial...

We use a panel dataset of about 5,000 Lithuanian firms between 2003 and 2010, to assess the impact of the EU ETS on the environmental and economic performance of participating firms. Using a matching methodology, we are able to estimate the causal impact of EU ETS participation on CO2 emissions,...