Investments in energy technologies are substantially governed by climate policy. We demonstrate analytically that price-based instruments, such as carbon-taxes, and quantity-based regulations, like emission…
Firm-level Climate Action Response Plans (CARPs) are strategic plans comprising firms’ climate change mitigation and adaptation commitments. Given the importance of CARPs for meeting climate change targets,…
Companies in various industries are under growing pressure to assess the costs of decarbonizing their operations. This paper develops a generic abatement cost concept to identify the cost-efficient combination…
Contributions to Edited Volumes and Conference Proceedings
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2024
We use data on speeches held by members of the European Central Bank's (ECB) Executive Board to analyze whether the clarity of central bank communication has increased over time. Employing readability measures…
The Poor People’s Campaign (PPC) of 1968 was focused on highlighting, and ultimately reducing, poverty in the United States. As part of the campaign, protestors from across the country were transported to…
Smoking bans have been widely implemented, despite mixed evidence on their effectiveness in reducing firsthand smoking. This paper provides novel insights into the dynamic impacts of smoking bans in the context…
Während der Covid-19-Pandemie kam es entgegen der öffentlich herrschenden Meinung zu keiner Beschleunigung der digitalen Transformation in Deutschland. Das zeigen Ergebnisse der neuen Betriebsbefragung…
This study investigates how crises affect firms’ adoption of frontier technologies using the Covid-19 pandemic as a case study. The analysis tracks the nature, timing, and pandemic-related motivations of…
Financial markets are the backbone of the global economy, directing capital flows and resources to where they are needed. However, climate change and demands for greater environmental and social responsibility…