The cost of recycling raw materials remains high despite the technological advancements in the field. End-of-life waste recycling is less cost-effective compared to landfill or incineration and its economic feasibility shows large variation according to material type rending secondary recycled materials uncompetitive to primary materials. Eliminating these barriers in the way of circularity and...
Policymakers widely use tax-based incentives to spur investment and stimulate economic growth. Tax policy has been at the center of emergency measures during the Covid-19 pandemic, and it is now as countries face a significant deterioration in public finances. Yet, empirical tax research is still in disagreement on how taxes affect business investment. We investigate the effect of local business...
Mehrere thematische Analysen von empirica im Verlauf der letzten 15 Jahre (u.a. zur Kriminalitätsfurcht, Kindergesundheit, Einsamkeit) haben gezeigt, dass neben individuellen Merkmalen – insbesondere sozialen Merkmalen – auch räumliche/nachbarschaftliche Einflussfaktoren auf das Wohlbefinden oder die Gesundheit von Menschen festgestellt werden können. Insbesondere die SOEP-Zusatzstichprobe zur...
This paper investigates the unique ways in which individuals assimilate new information into their beliefs about stock returns and examines the consequences of heterogeneous information processing on savings and investment decisions. Utilizing two exogenous information treatments from 2017 and 2018 surveys of German households, I discover that individuals' short-term return expectations shift by...
Together with experts from the Climate Friendly Materials Platform, academia, think tanks, politics, unions and industry we will discuss how the Carbon Border Adjustment Mechanism (CBAM) can be further developed or reformed for sectors with complex value chains steel, organic chemistry and aluminium). Currently these sectors lack a reliable framework that incentivizes investment in climate-neutral...
