We scrutinize the impact of international productivity gains (spillovers) induced by imports and exports on optimal tariffs. First, we solve a stylized 2x2 trade model of a large open economy and show that (a)…
We hypothesize that North-South trade is associated with knowledge spillovers that create labor productivity gains depending on various determinants of Southern absorptive capacity. We use the novel World…
Die Eisen- und Stahlindustrie emittiert einen bedeutsamen Teil der Kohlendstoffdioxidemissionen der Europäischen Union. Zudem ist der Sektor einer der größten Energieverbraucher. Dementsprechend ist die Eisen-…
To make predictions with theories, usually we assume an individual's characteristics such as uncertainty preferences to be stable over time. In this paper, we analyze the stability of ambiguity preferences…
Das Erneuerbare-Energien-Gesetz wird zurzeit heftig diskutiert. Es hat zwar eine stark zunehmende Stromerzeugung aus erneuerbaren Energiequellen ermöglicht, wird aber mit Strompreiserhöhungen und Ineffi…
Sectoral heterogeneity is crucial to address several economic questions. This pap er provides a detailed mapping of sectoral pro duction p ossibility frontiers, using different nesting structures and levels of…
Climate change is one of the most pressing challenges in current environmental policy. Appropriate policies intended to stimulate efficient adaptation and mitigation should not exclusively rely on the assumption…
