This paper explores the impact of the cost channel on the monetary transmission mechanism in a behavioral New Keynesian model. In contrast to previous studies, we demonstrate that the degree of cognitive discounting significantly affects the determinacy condition in the model with a cost...

During several weeks in the second half of the year 2020, the cantons of Switzerland could choose to adopt the government-determined facial-mask policy, corresponding to mandatory facial-mask wearing on public transport, or a strict facial-mask policy, corresponding to mandatory facial-mask...

I evaluate the impact of abortion policies in sub-Saharan Africa to understand possible consequences from a reduced international support for women's rights following the overturn of Roe v. Wade. I find that decriminalizing abortion reduces fertility through two complementary channels. For...