Die vorliegende Dissertation analysiert die politische Ökonomie und die ökonomischen Auswirkungen der Klimapolitik. Die Arbeit zeigt, dass die Ausgestaltung marktbasierter Instrumente des Klimaschutzes durch das Verhalten von politischen Entscheidungsträgern begründet werden kann, die ihre...

We consider an economy where production generates externalities, which can be reduced by additional firm level expenditures. This requires firms to raise outside financing, leading to deadweight loss due to a standard agency problem vis-à-vis outside investors. Policy is constrained as firms...

Sustainability indices for countries provide a one-dimensional metric to valuate country-specific information on the three dimensions of sustainable development: economic, environmental, and social conditions. At the policy level, they suggest an unambiguous yardstick against which a country’s...