Refereed Journals

  1. Refereed Journal // 2015

    The "Greatest" Carry Trade Ever? Understanding Eurozone Bank Risks

    We show that eurozone bank risks during 2007-2013 can be understood as carry trade behavior. Bank equity returns load positively on peripheral (Greece, Italy, Ireland, Portugal, Spain, or GIIPS) bond returns and…

  2. Refereed Journal // 2015

    Instrumental Variable Estimation of the Causal Effect of Hunger Early in Life on Health Later in Life

    We estimate average causal effects of early‐life hunger on late‐life health by applying instrumental variable estimation, using data with self‐reported periods of hunger earlier in life, with famines as…

  3. Refereed Journal // 2015

    Ökonomische Herausforderungen des Klimawandels

    In diesem Überblicksartikel befassen sich Wolfgang Buchholz und Peter Heindl mit zentralen Themen einer „Ökonomik des Klimawandels“. Sie skizzieren zunächst ein idealtypisches Szenario, innerhalb dessen…