This policy brief examines overplacement in households’ risk perceptions: overplacement describes the tendency of individuals to underestimate their likelihood of experiencing certain negative financial shocks…
We examine how the adverse impacts of weather shocks are distributed through the trade network. Exploiting a rich, theoretically derived, fixed effects structure, we find signifi- cant negative short-run effects…
Der Bundeshaushalt muss Zukunftsinvestitionen stärker priorisieren. Darüber besteht in der Theorie ein weit reichender Konsens. In der haushaltspolitischen Praxis ist es hingegen schwierig, dieses Ziel…
Firm ownership is a major determinant for the economic performance of firms, and emissions of pollutants are often by-products of industrial production. We investigate the impact of ownership on pollutant…
In many countries, governments have put in place targeted programs intended to support energy efficiency investments by low-income households, but have encountered low take-up even when subsidies are high. Using…
