Seit vielen Jahren übersteigt die Nitratbelastung an knapp einem Fünftel der Grundwasser-Messstellen in Deutschland den Grenzwert von 50 Milligramm pro Liter. Neben der Beeinträchtigung des Ökosystems, zum Beispiel durch Eutrophierung von Gewässern, schädigt nitratbelastetes Trinkwasser auch die menschliche Gesundheit und es besteht der Verdacht einer krebserregenden Wirkung. Ökonometrische Berechnungen ...
In dem Workshop wurden gemeinsam Lösungsansätzen diskutiert, wie Sustainable Finance die Transformation hin zu einer klimaneutralen und nachhaltigen Wirtschaft begleiten und unterstützen kann.
This workshop focused on the question, how the financial market can accompany and support the transformation towards a climate-neutral and sustainable economy.
Recent efforts to reduce international tax evasion focus on information exchange with tax havens. Using bilateral bank data for 1397 countrypairs in a balanced quarterly panel from 2003:I to 2017:IV, we first show that information-on-request treaties with tax havens reduce bank deposits in tax havens by 27.5%. Second, also deposits from tax havens in high tax countries decline after such treaties are ...
We decompose permanent earnings risk into contributions from hours and wage shocks. To distinguish between hours shocks, modeled as innovations to the marginal disutility of work, and labor supply reactions to wage shocks we formulate a life-cycle model of consumption and labor supply. Both permanent wage and hours shocks are important to explain earnings risk, but wage shocks have greater relevance. ...
This paper examines the dynamics of wealth and income inequality along the business cycle and assesses how they are related to fluctuations in the functional income distribution. In a panel estimation for OECD countries between 1970 and 2016 we find that on average income inequality - measured by the Gini coefficient - is countercyclical and also shows a significant association with the capital share. ...
