Fiscal devaluation works as an alternative instrument to monetary de- valuation, helping countries to regain competitiveness in a monetary union. Focusing on a closed economy, this paper analyzes its effects in a dynamic framework. In the case of an increasing relative love for variety, fiscal...

This paper studies the causal effect of providing information about climate change on individuals' willingness to pay to offset carbon emissions in a randomized control trial. Receiving truthful information about ways to reduce CO2 emissions increases individuals' willingness to pay for CO2...

The Paris Agreement aims at limiting the global average temperature increase to well below 2°C above preindustrial levels. A key component of the agreement are "nationally determined contributions" (NDC). For this, non-state actors such as civil society groups, economic actors, and subnational...