infonet-economy

Bei der Bewahrung des Kultur- und Naturerbes spielt
die Unesco-Liste eine wichtige Rolle. Die Autoren zeigen im
Folgenden neben deren Vorteilen indessen auch die Nachteile auf und schlagen unter anderem marktorientierte Alternativen vor.

This article suggests a reform of the organisation of money markets that would largely eliminate the risk
of contagion. The notion of “systemically important institution” would be replaced by that of systemically
important platform”. Such platforms would only be directly accessible to a group of “offi cially recognised
fi nancial institutions” that would have to...

We analyse CO2 emissions reduction costs based on project data from the Climate Cent Foundation (CCF), a climate policy instrument in Switzerland. We draw four conclusions.
First, for the projects investigated, the CCF on average pays € 63/t. Due to the Kyoto Protocol, the CCF buys reductions until 2012 only. This cutoff increases reported per ton reduction costs, as the...

This paper provides new evidence on the relationship between innovation, competitionnand distance to the technology frontier, using enterprise surveys from 40 developing and transition countries. Different from previous empirical studies, the distance to frontier is measured by a firm's technology level relative to its main competitor. This self-reported comparison allows to...

I construct a theory of cultural transmission in which culture acquisition takes place in two stages, first in the family where parents transmit their own culture, and later in society where children are exposed to a wider set of cultural models. The role of models is to provide information about alternatives. Cultural variants differ in how strongly they are transmitted in the...

Nachhaltigkeit ist heute in aller Munde. Der Trend hat auch die Immobilienbranche erfasst, die in der Schweiz einen eigentlichen Minergie-Boom erlebt. Staatlich wird Nachhaltigkeit gefordert (Aktionsplan Nachhaltige Entwicklung des Bundes) und teils gefördert, so etwa durch das nationale Gebäudeprogramm oder kantonale Fördergelder. Dabei wird implizit davon ausgegangen, dass sich...