Discussion und Working Papers

  1. Discussion and Working Paper // 2025

    The Effect of Airbnb on Housing Prices: Evidence from the 2017 Solar Eclipse

    This study estimates the causal impact of Airbnb expansion on local housing prices by exploiting the 2017 total solar eclipse as a natural experiment. The eclipse’s path of totality created a exogenous temporary…

  2. Discussion and Working Paper // 2025

    The Distributional Effects of EU Carbon Pricing

    The EU member states have committed to achieving climate neutrality, i.e. netzero greenhouse gas (GHG) emissions, by mid-century. The two emissions trading systems (ETSs) in the EU—ETS1 and ETS2—are the lead…

  3. Discussion and Working Paper // 2025

    Efficiency, Distributional, and Fiscal Effects of Climate Policy: The Case of Fossil Fuel Subsidies and Externalities

    The global public good nature of climate change mitigation and the resulting free-rider problem require a restructuring of the incentives for countries to price fossil energy consumption. Existing empirical…

  4. Discussion and Working Paper // 2024

    Taxing Top Incomes in the Emerging World - Economic Impact under the Microscope

    Rising levels of income inequality and tight government budgets have spurred discussions in many developing nations about how to appropriately tax high-income earners. In this paper, we study taxpayer responses…