Homeownership rates and holdings of housing wealth differ immensely across countries. We specify and estimate a life cycle model with risky labor income and house prices in which households face a discrete-continuous choice between renting and owning a house, whose sale is subject to transaction...

This study showcases a new class of administrative, geo-spatial data sourced from agricultural subsidy registers as a powerful tool for agricultural policy evaluation. Beyond full national coverage and accurate identification of land use, the key novel feature of GeoSpatial Aid Application...

While the importance of nature for economic production is undisputed, nature's contribution is still underrepresented in economic modelling. Following previous studies, this work produces a "high-level" estimate of the dependencies of all EU economic sectors on ecosystem services by applying the...

The Common Agricultural Policy (CAP) is a cornerstone policy of the European Union, increasingly focused on promoting environmentally sustainable practices. In 2014, the CAP introduced Greening payments and a crop diversification requirement to enhance soil resilience and mitigate ecosystem...

We study immigrant assimilation in terms of earnings dynamics and patterns of intergenerational transmission in permanent earnings by immigrant generation and neighborhood segregation levels. We estimate comparable sibling correlations across native and immigrant groups, but these seem to be...

We reconstruct the genealogical tree of all individuals ever appearing in Dutch municipalities records since 1995. Using microdata from tax authorities, we compute a measure of their permanent earnings and assess the degree to which the intergenerational transmission process is heterogeneous....

We offer an applied approach to the double materiality assessment of environmental, social and governance (ESG) matters, which could serve as practical guidance to the 60K companies required by EU regulation (CSRD) to carry out this assessment. Focussing on the financial materiality of climate...

Digital and crypto currencies are becoming an integral part of financial markets. Nevertheless, regulation of these markets seems still at an early stage and the literature evaluating the impact of policy interventions is scarce. We investigate the reaction of crypto markets in the aftermath of...

Strategic autonomy can be bolstered by applying circularity strategies such as reducing primary inputs and recycling critical raw materials in key technologies. However, effective actions require high definition at the material or technology level, leading to a non-systematic and often tedious...

Nature-related financial risks have emerged as critical concerns for policymakers and financial actors. Central to this issue are ecosystem services, which play an integral role in various production processes but may be interrupted due to nature degradation. This article delves into the...