This paper presents a method for estimating treatment effects of local climate shocks when regions trade with each other. Because trade creates spillovers, comparing the change in outcomes of regions with different exposure to shocks leads to biased estimates. We model these between-region...

The introduction of the EU's General Data Protection Regulation (GDPR) in 2018 created conditions that could raise the cost of trading services with the EU, especially where cross-border transfers of personal data are required. This paper examines whether the GDPR has truly affected trade in...

Die österreichische Außenwirtschaft ist ein zentraler Motor des wirtschaftlichen Wachstums. Dieser Motor ist jedoch zunehmend ins Stottern geraten. Gründe dafür sind - neben innerstaatlichen Faktoren - wachsende geopolitische Unsicherheiten und Krisen, die schwächelnde deutsche...