Artificial Intelligence (AI) is often regarded as the next general-purpose technology with a rapid, penetrating, and far-reaching use over a broad number of industrial sectors. The main feature of new…
How to invest and decumulate wealth during retirement has far-reaching consequences for consumption during retirement. We conduct an online experiment among 2,500 individuals representative of the adult German…
Frequency and severity of extreme weather events, such as floods or heat waves, increase as a result of climate change. Therefore, it is important to investigate which factors might influence adaptation…
The recent shift towards working from home (WFH) has far-reaching implications for social and economic outcomes. While firms are gatekeepers for the ongoing diffusion of flexible work arrangements, there is…
Technology policy is the most widespread form of climate policy and is often preferred over seemingly efficient carbon pricing. We propose a new explanation for this observation: gains that predominantly accrue…
Russia’s attack on Ukraine marks a turning point in the history of Europe, raising fundamental questions for the economy and society. How can Europe strengthen itself as a major player in economic policy and…
The debate about growing inequality has gained momentum in recent years, not least due to the economist Thomas Piketty. Disparities in income and wealth are usually viewed critically, but they certainly serve…
Protection Motivation Theory (PMT) has become a widely-used theoretical framework to explain the risk-reducing behavior of individuals toward flooding and other natural hazards. Despite a quickly growing body of…
Firm ownership is a major determinant for the economic performance of firms, and emissions of pollutants are often by-products of industrial production. We investigate the impact of ownership on pollutant…
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