The low degree of stock market participation (SMP) is one of the big puzzles in finance. Numerous determinants have been proposed. We put these determinants into a structure that is derived from a standard static portfolio model. Then we discuss arguments put forward regarding specific SMP determinants and the empirical evidence that has been provided. The focus of our survey is on the identification ...
Commitment to gender equality and diversity has long been a stated priority for large companies, and one visible way to signal this commitment is through gender-inclusive language. Public debates around such language use increasingly surface regarding companies’ communication with stakeholders, including employees, customers, and shareholders. In particular, the adoption of newer forms of gender-inclusive ...
Chlorine is an essential feedstock for polymers and pharmaceuticals, with annual production exceeding 100 Mt. Nearly all Cl2 is obtained by chlor–alkali electrolysis, which consumes about 2.58 MWh of electricity per tonne. Renewable energies such as wind and solar would lower CO2 emissions, but electrolysers would then have to adopt to fluctuating, renewable energies while downstream processes still ...
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Due to recent conflicts and humanitarian issues, millions of people have sought asylum in countries in Europe. The influx of asylum seekers has sparked debates about the impacts of such migratory flows on resident populations. We study how the recent migration of these forcibly displaced people into Europe affects the mental health of the receiving country residents in Switzerland and Germany. We exploit ...
