This paper evaluates the effect of ozone pollution on individuals' subjective health satisfaction and well-being, allowing us to capture both direct and indirect effects of ozone pollution on adults. Specifically, we focus on differences between households with and without children. We combine...

This paper contributes to the theoretical understanding of strategic interactions of governments on global factor markets. We analyze carbon taxes and subsidies and their impact on national welfare in a fiscal federalism setting with international markets for capital and fossil resources, and...

Many studies examine the effect of environmental values on environmental behavior. In such empirical analyses it is typically at least implicitly assumed that environmental values are independent of economic preferences from behavioral economics like risk and time preferences, trust, or...

This paper contributes to the theoretical understanding of strategic interactions of governments on global factor markets. We analyze carbon taxes and subsidies and their impact on national welfare in a fiscal federalism setting with international markets for capital and fossil resources, and...

Many studies examine the effect of environmental values on environmental behavior. In such empirical analyses it is typically at least implicitly assumed that environmental values are independent of economic preferences from behavioral economics like risk and time preferences, trust, or...

This paper evaluates the effect of ozone pollution on individuals' subjective health satisfaction and well-being, allowing us to capture both direct and indirect effects of ozone pollution on adults. Specifically, we focus on differences between households with and without children. We combine...

This paper analyzes the optimal level of public debt when taxes are used not only for funding public expenditures but also for correcting externalities from climate change. Taking into account externalities may imply the optimal policy to deviate from tax smoothing. Provided accumulated marginal...

Germany has been a leader in governmental support for renewable energies, which now represent about 27 % of electricity generation. In 2012 (voluntary) / 2014 (obligatory), the country changed from a xed Feed-In Tari (FIT) to a Market Premium Scheme (MPS) for wind power projects. One aim of this...

The risk of catastrophes is one of the greatest threats by climate change. Yet, the most common Integrated Assessment Models produce the counterintuitive result that a higher concern about climate change risks does not lead to stronger near-term abatement efforts. This paper probes whether this...

This paper studies the effectiveness of building height limits as a policy to limit greenhouse gas (GHG) emissions. It shows that building height limits lead to urban sprawl and higher emissions from commuting. On the other hand, aggregate housing consumption may decrease which reduces emissions...