The Impact of Lowering Carbon Emissions on Corporate Labour Investment: A Quasi-Natural Experiment
June Cao, Iftekhar Hasan, Wenwen Li
Energy Economics,
May
2023
Abstract
We examine the impact of low-carbon city (LCC) initiatives on labour investment decisions (quantity, quality, and well-being). Using a time-varying difference-in-differences approach based on staggered implementations of such a pilot program, we report an inefficient outcome - absolute deviation of labour investment from the optimal net hiring – especially for firms in labour-intensive industries and firms with high financial slack or adjustment costs. We, however, observe increased investments in highly skilled personnel and compensated with employee stock ownership, especially by firms under intense pressure to reduce carbon emissions. Such initiatives are also closely associated with the significant enhancement of workplace safety. Overall, LCC helps to upgrade the corporate labour structure by hiring more skilled employees through reduced agency problems and heightened green innovation.
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Males Should Mail? Gender Discrimination in Access to Childcare
Henning Hermes, Philipp Lergetporer, Fabian Mierisch, Frauke Peter, Simon Wiederhold
American Economic Association Papers and Proceedings,
May
2023
Abstract
This study investigates discrimination against women when searching and applying for childcare in a nationwide field experiment. We send emails from fictitious parents to 9,313 childcare centers in Germany inquiring about access to childcare. We randomize whether the email is sent by the child's mother or father. Our results show that women receive shorter and less positive responses than men. The probability of receiving a response does not differ by gender, highlighting the importance of going beyond response rates to detect discrimination. We provide suggestive evidence that regional differences in gender discrimination are related to gender norms.
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How Early Childcare Can Boost the Labour Market Success of Lower-Educated Mothers
Henning Hermes, Marina Krauss, Philipp Lergetporer, Frauke Peter, Simon Wiederhold
VoxEU,
April
2023
Abstract
In most countries, childbirth has a negative impact on the labour market outcomes of mothers, especially for those with lower socioeconomic status. This column presents findings from a field experiment in Germany demonstrating that access to universal early childcare increases full-time employment and household income of mothers with lower socioeconomic status. To improve the labour market outcomes of these mothers, policymakers must provide easier access to early childcare and expand early childcare slots.
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IWH Doctoral Programme in Economics
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Professor in Finance and Labor in conjunction with a position as Senior Research Advisor at the Department of Laws, Regulations and Factor Market
Vacancy Professor in Finance and Labor in conjunction with a...
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Student assistant (f/m/x) for 40‒60 hours a month (Financial Markets)
Vacancy Student assistant (f/m/x) for 40‒60 hours a month ...
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IWH Doctoral Programme in Economics
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Behaviour
The maths behind gut decisions First carefully weigh up the costs and benefits and then make a rational...
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Productivity
Productivity: More with Less by Better Available resources are scarce. To sustain our...
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