1. Refereed Journal // 2022

    Social Norms, Sanctions, and Conditional Entry in Markets with Externalities: Evidence from an Artefactual Field Experiment

    In an artefactual field experiment with a large and heterogeneous non-student population sample, we test the implications of social norms for market interactions associated with negative real- …

  2. Refereed Journal // 2022

    Firm R&D Investment and Export Market Exposure

    We study differences in the returns to R&D investment between German manufacturing firms that sell in international markets and firms that only sell in the domestic market. Using firm-level data for five…

  3. Refereed Journal // 2022

    Using emissions trading schemes to reduce heterogeneous distortionary taxes: The case of recycling carbon auction revenues to support renewable energy

    We examine the economic impacts of using the revenues from environmental taxation to reduce a pre-existing distortionary tax in a multisector economy where the environmental regulation and pre-existing…

  4. Refereed Journal // 2022

    Democracy and the Quality of Economic Institutions: Theory and Evidence

    We present a simple model, illustrating how democracy may improve the quality of the economic institutions. The model further suggests that institutional quality varies more across autocracies than across…

  5. Refereed Journal // 2022

    Taxes and Business Philanthropy in Armenia

    The majority of countries around the world provide tax incentives for business philanthropy. However, little is known about the responsiveness of businesses to this tax treatment. This paper expands on this…