Climate-related asset stranding refers to the depreciation of assets – such as resource reserves, infrastructure, or industries – resulting from the unanticipated changes, such as the tightening of climate policies. Although developing countries – especially fossil-fuel exporters – may be most concerned by this issue, its analysis in development (economics) has so far been limited.We aim at enhancing ...
Dieser Text von Claudia Kemfert erschien am 30. März 2020 als Gastbeitrag im Handelsblatt. Obwohl sich die Erneuerbaren Energien am Markt behaupten, wird ihnen auf politischer Ebene das Leben schwer gemacht. Deshalb braucht es dringend eine EEG-Version 4.0. Dieses Jahr feiern wir das 20. Jubiläum eines der erfolgreichsten Instrumente deutscher Energie- und Industriepolitik: Das Erneuerbare-Energien-Gesetz ...
There is a well-known gender difference in time allocation within the household, which has important implications for gender differences in labor market outcomes. We ask how malleable this gender difference in time allocation is to culture. In particular, we ask if US immigrants allocate tasks differently depending upon the characteristics of the source countries from which they emigrated. Using ...
This paper focuses on the identification of the causal relationship between central banks' supervisory guidance and individual bank stability. We propose and test the hypothesis that this causal relationship is mediated by the degree to which banks comply with their central bank's corporate governance recommendations. Specifically, we exploit the fact that there is considerable cross-country heterogeneity ...
