1. Refereed Journal // 2017

    Development and utilization of energy-related technologies, economic performance and the role of policy instruments

    The present study investigates the effects of energy-related technologies on economic performance at firm level. We distinguish clearly between adoption and use of energy-related technologies (process innovation…

  2. Refereed Journal // 2017

    Repeated Pro-Social Behavior in the Presence of Economic Interventions

    We investigate the immediate and subsequent effects of two prominent drivers of charitable giving: a charitable lottery and an income tax. Employing a modified two-round dictator game with the subject’s charity…

  3. Refereed Journal // 2017

    The Effect of Direct Democracy on the Level and Structure of Local Taxes

    We study the effect of direct democracy on local taxation. Our setting is the German federal state of Bavaria, where in 1995 a state-wide reform introduced the possibility to initiate direct democratic…

  4. Refereed Journal // 2017

    The Political Economy of Mitigation vs. Adaptation

    Climate policies have very uneven effects in terms of their fiscal impact. While mitigation of climate change typically raises revenues, adaptation is costly to the taxpayer, and the more so, the more …

  5. Refereed Journal // 2017

    A Financially Stressed Euro Area

    The authors analyse 149 newly compiled monthly time series on financial market stress conditions in the euro area. With the aid of a factor model they find different sources of financial stress that are…