We study how the Basel III regulations, namely the Capital-to-Assets Ratio (CAR), the Net Stable Funding Ratio (NSFR) and the Liquidity Coverage Ratio (LCR), are likely to impact banks’ profitability (i.e., ROA), capital levels and default. We estimate historical series of the new Basel III...

I empirically study the determinants of individuals' green voting behavior. I sug- gest that voting behavior is a less biased variable than commonly-used measures like willingness-to-pay and may be a better proxy for characterizing environmental attitudes. I make use of three datasets from...

We develop an overlapping generations model with environmental quality and endogenous environmental culture. Based upon empirical evidence, preferences over culturally-weighted consumption and environmental quality are assumed to follow a Leontieff function. We find that four different regimes...