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Fighting Climate Change : The Role of Norms, Preferences, and Moral Values

Falk, Armin; Andre, Peter; Boneva, Teodora; Chopra, Felix - 2021

We document individual willingness to fight climate change and its behavioral determinants in a large representative sample of US adults. Willingness to fight climate change – as measured through an incentivized donation decision – is highly heterogeneous across the population. Individual...

Persistent link: https://www.econbiz.de/10013219074

Sales and Markup Dispersion : Theory and Empirics

Mrazova, Monika - 2019

We derive exact conditions relating the distributions of firm productivity, sales, output, and markups to the form of demand in monopolistic competition. Applications include a new “CREMR” demand function (Constant Revenue Elasticity of Marginal Revenue): it is necessary and sufficient for...

Persistent link: https://www.econbiz.de/10012892151

Optimal Carbon Taxation and Horizontal Equity : A Welfare-Theoretic Approach with Application to German Household Data

Hänsel, Martin C.; Franks, Max; Kalkuhl, Matthias; … - 2021

We develop a model of optimal carbon taxation and redistribution taking into account horizontal equity concerns by considering heterogeneous energy efficiencies. By deriving first- and secondbest rules for policy instruments including carbon taxes, transfers and energy subsidies, we then...

Persistent link: https://www.econbiz.de/10013239565

Monetary Policy in the Presence of Supply Constraints : Evidence from German Firm-Level Data

Balleer, Almut; Noeller, Marvin - 2023

Using firm-level survey data from Germany, this paper asks how do supply constraints propagate monetary policy shocks …

Persistent link: https://www.econbiz.de/10014261028

Culture and tax structures

König, Tobias; Wagener, Andreas - 2012

We argue that societies with a stronger tendency towards postmaterialist life goals tilt the tax structure towards personal income taxes and away from corporate taxation. We provide empirical evidence for this correlation in OECD countries. To address endogeneity issues we then use an...

Persistent link: https://www.econbiz.de/10010281043

Tax Morale After the Reunification of Germany : Results from a Quasi-Natural Experiment

Feld, Lars P.; Torgler, Benno - 2021

This paper provides a comparison of tax morale between inhabitants of East and West Germany in its post … compared to cross-country studies. Our findings show higher tax morale in East than in West Germany. However, in only 9 years … the East. We suggest that this convergence in tax morale between East and West Germany, despite efforts of the federal …

Persistent link: https://www.econbiz.de/10013317223

Does Market Interaction Erode Moral Values?

Özdemir, Yagiz - 2020

The widespread use of markets leads to unprecedented material well-being in many societies. We study whether market interaction, as a side effect, erodes moral values. An encompassing understanding of the virtues and vices of markets, including their possible impact on moral values, is necessary...

Persistent link: https://www.econbiz.de/10012823552

Estimation of Conditional Asset Pricing Models with Integrated Variables in the Beta Specification

Antypas, Antonios - 2019

We introduce a methodology which deals with possibly integrated variables in the specification of the betas of conditional asset pricing models. In such a case, any model which is directly derived by a polynomial approximation of the functional form of the conditional beta will inherit a...

Persistent link: https://www.econbiz.de/10012857914

Estimation and Inference for Spatial Models with Heterogeneous Coefficients : An Application to U.S. House Prices

Aquaro, Michele - 2019

This paper considers the problem of identification, estimation and inference in the case of spatial panel data models … errors. A quasi maximum likelihood (QML) estimation procedure is developed and the conditions for identification of spatial …

Persistent link: https://www.econbiz.de/10012890630

Harding, Matthew - 2018

Pesaran (2015) and demonstrates that the extension to the estimation of dynamic quantile regression models is feasible under …

Persistent link: https://www.econbiz.de/10012908711

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