Studying wage dynamics has been a key element of labor economics for a long time. One major finding is the widening of the wage distribution in most developed countries that started in the 1970s in several…
Time preferences play an important role in economics. Among others, time preferences are responsible for the decision on how much people invest in human capital and schooling. For instance stronger preferences…
This paper contributes to the sparse literature on employment spillovers on minimum wages. We exploit the minimum wage introduction and subsequent increases in the German roofing sector that gave rise to an…
In this paper we analyze the relationship between capital and energy through cross price elasticities. First, we extend Thomsen's (2000) methodology in order to link the short and long run in a panel data…
Since the introduction of the EU Emissions Trading System (EU ETS) in 2005, a new area of research has developed within the field of applied econometrics: Carbon Finance. Carbon Finance focuses on the analysis…