1. Refereed Journal // 2016

    The Role of Banks if Firms are Financially Distressed

    Banks are better suited than other financing partners to process information in order to make efficient liquidations. But their ability depends on bank characteristics and incentives. In addition, the strength…

  2. Refereed Journal // 2016

    A Sequential Decomposition of the Drop in Collective Bargaining Coverage

    Union representation has been in strong decline in most OECD countries with potentially important consequences for wages. What drives this decline? We try to answer this question by developing and implementing a…

  3. Refereed Journal // 2016

    The Long-Term Impact of Matching and Rebate Subsidies when Public Goods are Impure: Field Experimental Evidence from the Carbon Offsetting Market

    In this paper, we investigate both short- and long-term impacts of financial stimuli on public goods provision when contributions are tied to individual harm-related behavior. We conduct a large-scale field …

  4. Refereed Journal // 2016

    Direct and Indirect Effects of Weather Experiences on Life Satisfaction – Which Role for Climate Change Expectations?

    This paper deals with the effect of (i) damage experience from extreme weather events (EWE) and (ii) expectations concerning future climate change on subjective well-being (SWB). We use data from a large…

  5. Refereed Journal // 2016

    R&D Partnerships and Innovation Performance: Can There be too Much of a Good Thing?

    R&D collaboration facilitates the pooling of complementary skills, learning from the partner as well as the sharing of risks and costs. Research therefore stresses the positive relationship between collaborative…

  6. Refereed Journal // 2016

    Organisational change and the productivity effects of green technology adoption

    This study investigates induced productivity effects of firms introducing new environmental technologies. The literature on within-firm organisational change and productivity suggests that firms can achieve…

  7. Refereed Journal // 2016

    Revenue decentralization, central oversight and the political budget cycle: Evidence from Israel

    This paper examines whether revenue decentralization and direct external financial supervision affect the incidence and strength of political budget cycles, using a panel of Israeli municipalities during the…