presse@iwh-halle.de
Pills or puts?
Shuo Xia
Financial Times, February 2, 2024
This paper investigates the economic effects of carbon pricing policies using a panel of countries that are members of the EU Emissions Trading System.
This paper investigates the impact of precise language on market efficiency by examining the interplay between regulatory language simplification, as imposed by the Plain Writing Act of 2010, and information asymmetries in financial markets.
The optimal transition to a low-carbon economy must account for adjustment costs in switching from dirty to clean capital, technological progress, and economic and climatic shocks.
Focusing on both micro and aggregate U.S. data, we document the existence of a significant link between aggregate uncertainty, capital market valuations and reallocation of resources away from risky R&D-intensive capital.
This paper provides novel evidence that the geographic diversification of banks' deposit base improves their funding stability and fosters liquidity creation.
We suggest an equilibrium mechanism for the widely debated argument that “greedflation” has fostered widespread price hikes.
Using the Gallup Poll since 2001, we uncover a significant gender gap in the tradeoff of environmental and economic benefits.
We study the causal effects and policy implications of global supply chain disruptions.
This paper investigates the role of rights offerings in U.S. Chapter 11 reorganizations as a new market-based mechanism for mitigating bargaining frictions.