We investigate experimentally whether emotions affect bidding behavior in a firstprice auction. To induce emotions, we confront subjects after a first auction series with apositive or negative random economic shock. We then explore the relation between emotions andbidding behavior in a second...

This thesis provides new evidence concerning the way financial intermediaries fulfill the role of distributing capital efficiently to micro and small enterprise and diversify intertemporal risk at different stages of development. Chapter 2 and 3 present results about intertemporal risk sharing...

Our article introduces a coronavirus (COVID-19) pandemic impact on the economy from a variety of dimensions such as economic outlook, growth shock, the role of regulators and proposed long term strategies. This paper also analyzes the impact of the coronavirus (COVID-19) pandemic on the growth...

To tackle structural supply-demand imbalances and to increase price stability in times of economic crises,policy makers reformed the European Union Emission Trading System (EU ETS) substantially in 2015 and 2018. As the COVID-19 pandemic led to an unforeseen contraction of the economy,it serves...

I analyze the relationship between state‐level economic shocks and suicides using historical US gold discoveries (1840‐1860) as a large unexpected economic shock. Gold discoveries were an unexpected and large economic shock of up to 3.5% of GDP. They provide as good as random variation to...

I analyze the relationship between state‐level economic shocks and suicides using gold mined in the United States (US) between 1840 and 1860 as a large unexpected economic shock. Mined gold was an unexpected and large economic shock of up to 3.5% of GDP. This provides as good as random...

This study investigates the effect of an economic shock due to crop loss on health outcomes of children in rural Mexico. Data from the Mexican Family Life Survey for the years 2002 and 2005 off er retrospective information on economic shocks since 1997 and height-for-age z-scores (HAZ) to...