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Nature conservation scientists and practitioners have voiced the concern that a conservation discourse based on economic arguments and monetary valuation may undermine conservation efforts by eroding ("crowding out") the influence of other arguments for nature conservation. This paper presents...
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From its foundation as a private corporation in 1694 the Bank of England extended large amounts of credit to support the British private economy and to support an increasingly centralized British state. The Bank helped the British state reach a position of geopolitical and economic hegemony in...
Persistent link: https://www.econbiz.de/10012304027
Central bank credit has expanded dramatically since the beginning of 2007 in some of the euro area member countries. This paper makes two contributions to understand this stylized fact. First, we discuss a simple model of monetary policy that includes (i) a credit channel and (ii) a common pool...
Persistent link: https://www.econbiz.de/10009668350
Central bank credit has expanded dramatically in some of the euro area member countries since the beginning of the financial crisis. This paper makes two contributions to understand this stylized fact. First, we discuss a simple model of monetary policy that includes (i) a credit channel and...
Persistent link: https://www.econbiz.de/10009687191
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affected by management incentives that are often misaligned with the incentives of those who are exposed in various ways to the …
Persistent link: https://www.econbiz.de/10009506977
Policies offering material incentives for Covid-19 vaccination have been widely used around the world as countries … directly compare the effects of both monetary and gift-based incentives, both of which have been commonly employed in practice …. Results from a sample of 1,365 individuals suggest that incentives in the range of 8-125 USD backfire, inducing lower …
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