KCG Journal Articles

Public perception of climate engineering and carbon capture and storage in Germany: survey evidence

12th November 2019
KCG Secretary
Authors: Carola Braun, Christine Merk, Gert Pönitzsch, Katrin Rehdanz and Ulrich Schmidt (Climate Policy, 2018, Vol. 18(4), 471-484)

Climate engineering (CE) and carbon capture and storage are controversial options for addressing climate change. This study compares public perception in Germany of three specific measures: solar radiation management (SRM) via stratospheric sulphate injection[…]

What Do We Really Know About the Transatlantic Current Account?

12th November 2019
KCG Secretary
Authors: Martin Braml and Gabriel Felbermayr (CESifo Economic Studies, Vol. 65(3), 255-274)

Do the U.S. have a current account surplus or a deficit with the EU? Since 2009, official sources disagree: The U.S. Department of Commerce claims a consistent U.S. surplus while Eurostat reports the opposite. International transactions are notoriously difficult to measure accurately[…]

Trade Liberalization and Labor Market Adjustments: Does Rent Sharing Matter?

16th July 2019
KCG Secretary
Authors: Pham Dinh Long, Pham Thi Bich Ngoc and Holger Görg (Forthcoming, Emerging Markets Finance and Trade)

Using a firm level data set, this paper investigates the impact of trade liberalization on employment and wages in Vietnamese manufacturing during 2003 - 2008. Different from the previous researches, we consider indirect effects of trade liberalization via real output for the employment[…]

Counter-arguing as Barriers to Environmentally Motivated Consumption Reduction: A Multi-country Study

12th July 2019
KCG Secretary
Authors: Wassili Lasarov, Robert Mai, Nieves Garcia de Frutos, José Manuel Ortega Egea and Stefan Hoffmann (International Journal of Research and Marketing, 2019, Vol. 36 (2), 281-305)

This research extends previous literature on environmentally motivated consumption reduction (EMCR) with a cross-cultural investigation across 28 European countries. The paper elucidates how European consumers' knowledge and perceived seriousness of climate change inhibit the activation of counter-arguments, with implications for EMCR. More[…]

Hungry Bellies Have No Ears. How and Why Hunger Inhibits Sustainable Consumption

12th July 2019
KCG Secretary
Authors: Stefan Hoffmann, Robert Mai, Wassili Lasarov, Jan Krause and Ulrich Schmidt (Ecological Economics, Vol. 160, 96-104)

While reports state that consumers are increasingly willing to consume more sustainably, no study has considered how the activation of very basic human needs, such as the state of hunger, affects sustainable food consumption. The authors expect that hungry consumers display a lower preference for sustainable food items and that this hunger-induced[…]

Nudges, Transparenz und Autonomie: eine normativ gehaltvolle Kategorisierung von Maßnahmen des Nudgings

12th July 2019
KCG Secretary
Authors: Ludger Heidbrink and Andrea Klonschinski (Vierteljahreshefte zur Wirtschaftsforschung, 2018, Vol. 87(1), 15-27)

The debate on the legitimacy of nudging is hampered by the absence of a clear definition of what a nudge is. Given that the attempt to limit the term “nudge” to interventions exploiting cognitive biases has not been accepted in the literature[…]

Which Boats are lifted by a Foreign Tide? Direct and Indirect Wage Effects of Foreign Ownership

4th June 2019
KCG Secretary
Authors: Sourafel Girma, Holger Görg and Erasmus Kersting (Journal of International Business Studies, 2019, Vol. 50(6), 923-947)

The attraction of foreign direct investment (FDI) is considered to be of particular importance for emerging economies because it represents a channel through which international convergence in standards of living may be achieved. One important effect of FDI is its impact on wages, both within the targeted firm (direct) and the local firms within the same geographic region and sector (indirect). In this paper we investigate the question whether multinational enterprises[…]

How Borrowing Constraints Hinder Migration: Theoretical Insights from a RUM Model

2nd April 2019
KCG Secretary
Authors: Léa Marchal and Claire Naiditch (Scandinavian Journal of Economics, 2020, Vol. 122(2), 732-761)

We provide a theoretical framework to analyze how financial constraints hinder migration. Introducing wealth heterogeneity and borrowing constraints into a RUM model of migration, we find evidence of multilateral resistance to migration stemming from borrowing constraints[…]