Global efforts towards mitigating climate change gain momentum; reducing carbon dioxide (CO2) emissions and aiming for zero emissions, or carbon neutrality, is the main goal. Economic factors are main determinants of CO2 emissions coming from production and energy consumption. This paper aims to...

Using representative household surveys conducted during the COVID-19 pandemic in two emerging economies, Thailand and Vietnam, we examine the relationship between inflation expectations and consumption. In both countries, our results show an insignificant relationship between expected inflation...

A sizeable literature analyses how immigration affects attitudes towards migrants and discusses differences between socio-economic groups and their potential correlation with perceived concerns about labour market competition. Against the background of the large-scale influx of refugees into...

We run an experiment on the impact of involvement and outcome favorability on the acceptance of collective decisions. It involves 763 students at the Poznan University of Economics and Management. The collective decision chooses one out of four projects to improve students' study conditions. We...

Critics protest loudly against restrictions imposed by politicians during the COVID-19 pandemic in Germany: Mandatory masks, lockdowns, school and business closures. This paper examines (1) the extent to which these policies have indirectly contributed to limiting the number of COVID-19 cases...

How do the business cycle effects of loan supply shocks depend on the state of prudential regulation in the euro area? To address this question, we first identify regulatory cycles from a cumulative prudential policy index that tracks the evolution of the regulatory stance in the euro area....

Monetary policy increasingly relies on steering market expectations about future policy. This paper identifies a monetary policy news shock based on a VAR model. A monetary news shock is equivalent to new information about the Fed's future monetary policy becoming available today. One example of...

This study examines the relationship between firms' political connections and their confidence in achieving enhanced future sales. Using firm-level survey data from selected Middle Eastern and North African (MENA) countries, we apply ordered probit regressions to demonstrate that businesses with...

We use a new data set of daily visits of the website of the Federal Reserve Board to study the acquisition of information about monetary policy around meetings of the FOMC.

In this paper, I study the impact of financial integration on between-firm wage inequality using an unbalanced panel for 20 European countries over the period 1999-2021. With the impulse response functions estimated using local projections, I find that financial integration, as measured by the...