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We study the heterogeneous pass-through of carbon pricing on investment across firms. Using balance sheet data of 1 ….2 million European firms and identified carbon policy shocks, we find that higher carbon prices reduce investment, on average …. However, less carbon-intensive firms and sectors reduce their investment relatively more compared to otherwise similar firms …
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economic benefit gained from the investment stimulus reveals the performance of the underlying economy. The results reveal a … growth had already crossed over for some time. The results reveal that the investment stimulus provides an initial 1.5% to 2 …
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