- Environmental Education and Sustainability
- Economic and Environmental Valuation
- Environmental Sustainability in Business
- Climate Change Communication and Perception
- Social Acceptance of Renewable Energy
- Energy, Environment, Economic Growth
- Corporate Social Responsibility Reporting
- Climate Change Policy and Economics
- Financial Markets and Investment Strategies
- Financial Risk and Volatility Modeling
- Corporate Finance and Governance
- Energy, Environment, and Transportation Policies
- Credit Risk and Financial Regulations
- Sustainable Supply Chain Management
- Experimental Behavioral Economics Studies
- Behavioral Health and Interventions
- Financial Reporting and Valuation Research
- Marine Biology and Ecology Research
- Psychological and Temporal Perspectives Research
- Auditing, Earnings Management, Governance
- Sustainable Finance and Green Bonds
- Marine and coastal plant biology
- Environmental Impact and Sustainability
- Insect Utilization and Effects
- Crustacean biology and ecology
University of Kassel
2015-2024
Centre for European Economic Research
2011-2021
University of Zurich
2009-2014
ETH Zurich
2009-2014
To mitigate climate change, individual greenhouse gas emissions need to decline substantially. This paper empirically explores the relationship between carbon footprints and literacy as well socio-economic attitudinal factors. operationalize literacy, we distinguish knowledge engagement. Our econometric analysis uses widely representative survey data for 1000 individuals in Germany distinguishes components of an aggregate footprint related with electricity consumption, heating, motorized...
The study of norms is paramount importance in understanding human behavior. An interdisciplinary literature, using varying definitions and conceptions, shows when why emerge spread, what form they can take, how are enforced. Here, we focus on theoretical empirical literature that treats as a factor influencing We first present new taxonomy norms, which builds upon merges previous taxonomies, to distinguish between different types enforcement mechanisms. then provide conceptual framework...
This paper provides new empirical evidence for the effect of corporate social responsibility on financial performance. In contrast to former studies, we examine two different regions, namely USA and Europe, disentangle firm sector specific impacts. Our econometric analysis shows that environmental activities a compared with other firms within industry are valued by markets in both regions. However, respective positive effects average monthly stock returns between 2003 2006 more robust and,...
This article contributes to the economic literature on pure and impure public goods by considering two alternatives for contributing good climate protection: offsetting carbon emissions from conventional consumption or paying higher prices climate-friendly products. We empirically examine a wide range of motives their impact individuals' choice in favour these relying data representative international surveys. Our results indicate that environmental awareness, warm glow desire set example...
A major obstacle for research in international asset pricing and corporate finance has been a lack of reliable publicly available data on common risk factors portfolios. To address this gap, we provide step-by-step description how appropriately screened from Thomson Reuters Datastream Worldscope can be used to construct high-quality systematic factors. We 23 countries across the globe. demonstrate use dataset, present evidence an "extreme" size premium large number countries. These premia,...
Relying on a recent survey of more than 3400 participants from China, Germany, and the US, this article empirically analyses citizens' perceptions key guiding principles for sharing mitigation costs across countries, justification climate policy trust in policy. Our findings suggest that ranking main burden-sharing is identical US: accountability followed by capability, egalitarianism, sovereignty. Thus, general level, citizens these countries seem to have common (normative) understanding...
On the basis of unique data from an (online) representative web-based survey among financial decision-makers in Germany, this paper empirically examines relevance contextual factors including social norms for socially responsible investments (SRIs). The econometric analysis reveals a significant positive correlation between SRIs and common attitudinal variables such as feelings warm glow or as, example, prevalent environmental organization. In contrast, left-wing political orientation is...
A major obstacle for research in international asset pricing and corporate finance has been a lack of reliable publicly available data on common risk factors portfolios. To address this gap, we provide step-by-step description how appropriately screened from Thomson Reuters Datastream Worldscope can be used to construct high-quality systematic factors. We 23 countries across the globe.