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 ...
Carbon pricing policies are usually combined with compensation for exposed firms to prevent adverse competitiveness effects. In cap-and-trade systems, this carbon cost compensation mostly occurs through free allocation of emission permits. Using an administrative panel of German manufacturing firms, this paper investigates how free allocation in the European Union Emissions Trading System affects firms’ ...
In conventional proxy VAR analysis, the shocks of interest are identified by external instruments. This is typically accomplished by considering the covariance of the instruments and the reduced-form residuals. Alternatively, the instruments may be internalized by augmenting the VAR process by the instruments or proxies. These alternative identification methods are compared and it is shown that the ...
This paper explores the effect of COVID-19 infection rates on individuals’ risk preferences using the Socio-Economic Panel (SOEP). Findings show that the spread of COVID-19 does not significantly alter risk preferences. While we do find that individuals with prior cardiovascular diseases reduce their preference for risk-taking, this zero effect is remarkably stable across subgroups of the population. ...
Aligned with the war in Ukraine, Russia has significantly withheld natural gas exports to Europe since 2021. As there are no EU-wide sanctions on imports of Russian natural gas, the Ukraine transit as well as imports via Turkey and LNG have remained active during 2022–24. However, the Russian-Ukrainian transit agreement expires at the end of 2024 and discussions about new sanctions on natural gas as ...
Does increased legal infrastructure lead to higher intimate partner violence (IPV) reporting and empower victims to leave abusive relationships? Structural barriers often prevent IPV victims from seeking help, with two-thirds of female victims in Europe neither reporting incidents to the police nor accessing support services. I study the rollout of women’s shelters and the introduction of the 2002...
