Restrictive policies aimed at reducing the likelihood of bank failure during recessions tend to increase the probability of a credit crunch. In this paper we infer governments' policy responses to this dilemma by studying the cyclical behavior of bank capital in 1369 banks from 28 OECD countries...

This paper is now published as:Bernauer, Thomas, Engels, Steacute;phanie, Kammerer, Daniel, and Seijas, Jazmin. 2007. Determinants of Green Innovation ndash; Ten Years after Porter's Win-Win Proposition: How to Study the Effects of Environmental Regulation? Politische Vierteljahresschrift 39:...

We develop a methodology for estimating the performance of international regulatory regimes in the context of transboundary surface waters. Our performance metric relies on assessments, over time, of actual performance, counterfactual performance, and optimal performance. The metric is of...

Field trials with GM crops are not only plant science experiments. They are also social experiments concerning the implications of government imposed regulatory constraints and public opposition for scientific activity. We assess these implications by estimating additional costs due to...