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A hybrid of a model of economic equilibrium in two markets and a social game is formed. The link between the two is established through a social norm which conditions correct social behavior on economic variables and therefore distorts the economic equilibrium allocation. The initial endowment...
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welfare differential between both regulatory designs and analyse how it is affected by cumulative environmental effects. While … we confirm that the welfare costs of attaining a RES deployment target are lower under a spatially-differentiated than a … spatiallyuniform regulation, we find that the welfare costs are contingent on the presence of cumulative environmental effects. This …
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This study estimates the establishment-level employment effects of investment grants in Germany. In addition to the average treatment effect on the treated, we analyse the influence of establishment’s characteristics and economic environment on the magnitude of the effect. We apply a...
Persistent link: https://www.econbiz.de/10014025784
This study estimates the establishment-level employment effects of investment grants in Germany. In addition to the average treatment effect for the treated, we focus on discrimination in the funding rules as potential source of effect heterogeneity. We combine the difference-in-differences...
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