Expectations are high that transition plans will drive the decarbonization of the economy. However, companies often lack clarity on how their transition plans are utilized. Strengthening the alignment between transition plans of financial institutions and businesses is crucial to ensure consistent climate action across sectors. Additionally, there is a gap between the ESG and/or transition metrics...
This paper examines the effects of a unilateral reform of a redistributive tax-transfer system in an open economy. Compared to autarky, a tax increase leads to a smaller decline in aggregate income in the open economy, and it is also more effective at reducing income inequality, provided the tax rates are sufficiently low. Aggregating effects on income and income inequality using an Atkinson social ...
Several empirical studies document the relevance of firm heterogeneity to assess the effect of trade and environmental policy. This paper develops a multi-country and -sector general equilibrium trade model with heterogeneous firms and analyzes the effect of domestic carbon pricing as well as carbon border adjustments. In the presence of heterogeneous firms, these unilateral carbon pricing tools affect ...
This dissertation consists of four empirical chapters which contribute to the fields of labor economics and inequality research. The first chapter examine whether gender differences exist in fairness evaluation of own earnings. Previous studies found that women tend to evaluate their own pay more favorably than men. Contented women are speculated to not seek higher wages, thus the ‘paradox of the contented ...
The recent decision by the German Constitutional Court to block the government’s plan to redirect €60 billion in unused pandemic funds toward climate-related projects has underscored the growing divisions within Germany’s three-party ruling coalition. Moreover, the decision is set to undermine economic growth at a critical moment. Earlier this month, Germany’s Constitutional Court ruled that the government’s ...
The topic of this thesis is the heterogeneity in labor market outcomes over the life cycle and across gender. The thesis comprises three independent research papers (Chapters 2-4), which focus on complementary aspects of the overreaching research question: how do employment choices determine earnings, and what role does the gender component play? Chapter 1 introduces the topic of wage and gender gaps ...
We study the local evolution of female labour supply and cultural norms in West Germany in reaction to the sudden presence of East Germans who migrated to the West after reunification. These migrants grew up with high rates of maternal employment, whereas West German families mostly followed the traditional breadwinner-housewife model. We find that West German women increase their labour supply and ...
