1. Refereed Journal // 2018

    Generating Big Spatial Data on Firm Innovation Activity from Text- Mined Firm Websites

    Innovation is one of the major drivers of economic growth, where spatial processes of knowledge spillover play a vital role. Current practices in assessing firms’ innovation activity, including patent…

  2. Refereed Journal // 2018

    Household energy prices and inequality: Evidence from German microdata based on the EASI demand system

    This paper studies the distributional effects of rising energy costs for households. In contrast to most of the previous literature, our specification differentiates between electricity and heating demand and…

  3. Refereed Journal // 2018

    The Distribution of Material Footprints in Germany

    This study investigates the within-country heterogeneity of material footprints implied by households’ consumption in Germany. Material footprints are defined as the amount of biomass, minerals, and fossil…

  4. Refereed Journal // 2018

    The Amenity Cost of Road Noise

    This paper reports a complete two stage hedonic analysis for road noise. It is based on a large and detailed administrative data set covering 100,000 housing transactions in Copenhagen, Denmark including data on…

  5. Refereed Journal // 2018

    Energy transition in Germany and regional spill-overs: The diffusion of renewable energy in firms

    The success of transitioning energy consumption towards renewables highly depends on the willingness and ability of firms to adopt energy technologies that use renewable sources. Existing studies focus on the…

  6. Refereed Journal // 2018

    Syndication, Interconnectedness, and Systemic Risk

    Syndication increases the overlap of bank loan portfolios and makes them more vulnerable to contagious effects. We develop a novel measure of bank interconnectedness using syndicated corporate loan portfolios,…

  7. Refereed Journal // 2018

    Non-binding Restrictions, Cooperation, and Coral Reef Protection: Experimental Evidence from Indonesian Fishing Communities

    We conduct a framed field experiment in Indonesian fishing communities, with an eye towards evaluating alternative decision-making processes for setting extraction restrictions to preserve coral reef fisheries…

  8. Refereed Journal // 2018

    Evaluation of Best Price Clauses in Hotel Booking

    We analyze the best price clauses (BPCs) of online travel agents (OTAs) using meta-search price data of nearly 30,000 hotels in different countries. We find that BPCs influence the pricing and availability of…