Showing 1 - 10 of 11
In this paper, we argue that the joint use of ex-ante regulation and ex-post liability rules is efficient when there are uncertainty surrounding causal investigations and regulatory myopia. As these conditions are generally met in environmental cases, we provide an explanation for the frequent...
Persistent link: https://www.econbiz.de/10011633479
Persistent link: https://www.econbiz.de/10012620120
Germany shows a more welcoming attitude towards refugees than most other European countries. At the same time, the influx of refugees has led to massive protests, demonstrations and attacks against refugees. We look at the economic effects of these demonstrations and attacks on one important...
Persistent link: https://www.econbiz.de/10011897487
This article deals with the economic effects of xenophobic incidents. To analyze these effects, we focus on one important industry, namely tourism. Combining a novel, district-level data set on tourism in Germany with data on xenophobic activities, we find that xenophobic demonstrations lead to...
Persistent link: https://www.econbiz.de/10012437542
This article deals with the economic effects of xenophobic incidents. To analyze these effects, we focus on one important industry, namely tourism. Combining a novel, district-level data set on tourism in Germany with data on xenophobic activities, we find that xenophobic demonstrations lead to...
Persistent link: https://www.econbiz.de/10014111678
Persistent link: https://www.econbiz.de/10011304713
Shocks that hit part of the financial system, such as the subprime mortgage market in 2007, can propagate through a complex network of interconnections among financial and non-financial institutions. As the financial crisis of 2007-2009 has shown, the consequences for the entire economy of such...
Persistent link: https://www.econbiz.de/10012867572
Shocks that hit part of the financial system, such as the subprime mortgage market in 2007, can propagate through a complex network of interconnections among financial and non-financial institutions. As the financial crisis of 2007-2009 has shown, the consequences for the entire economy of such...
Persistent link: https://www.econbiz.de/10012870636
Vaccine passports are the latest hotly debated and highly polarizing issue in U.S. politics. Many experts consider them a key tool to safely restart the economy, while increasing vaccine take-up. However, just as many consider vaccine passports unfair and a threat to individual liberties and...
Persistent link: https://www.econbiz.de/10013225222
This Article suggests a link between insider trading regulation and macroeconomic risk. Current securities laws do not explicitly prohibit a company insider from trading in the stocks of her company’s suppliers, customers, competitors, and complementors (based on material, non-public...
Persistent link: https://www.econbiz.de/10013252106