https://hdl.handle.net/10419/341750 2026-10-12T21:35:19Z 2026-10-12T21:35:19Z Flörchinger, Daniela Eßer, Jana Frondel, Manuel Helmers, Viola Torkowski, Colin https://hdl.handle.net/10419/343819 2026-09-18T15:04:46Z 2026-01-01T00:00:00Z

Title: The Impact of Information Provision on Public Acceptance of Carbon Tax Revenue Recycling: A Randomized Experiment in Germany Authors: Flörchinger, Daniela; Eßer, Jana; Frondel, Manuel; Helmers, Viola; Torkowski, Colin Abstract: Past research has shown that earmarking carbon tax revenues for green investments is more popular than lump-sum repayments. This suggests a limited understanding of the carbon price mechanism. This study uses a randomized controlled trial with a sample of the general population in Germany (N = 4,040) to investigate whether providing information about the underlying mechanism can increase support for lump-sum repayments and other revenue recycling schemes besides green spending.

2026-01-01T00:00:00Z Seifert, Marcel Palan, Stefan Spitzer, Florian Kirchler, Erich Gangl, Katharina https://hdl.handle.net/10419/343753 2026-09-18T15:04:27Z 2026-01-01T00:00:00Z

Title: Educate or automate? The role of sustainable finance literacy and default nudges in sustainable investing Authors: Seifert, Marcel; Palan, Stefan; Spitzer, Florian; Kirchler, Erich; Gangl, Katharina Abstract: We report results from a large-scale incentivized online field experiment (N = 1,790) comparing just-in-time sustainable finance literacy (SFL) interventions with an automated default nudge. Brief educational tools significantly increase literacy and shift investment toward sustainable assets, while the default changes behavior without improving understanding. Higher SFL also predicts lower investment in potentially greenwashed products.

2026-01-01T00:00:00Z Wanner, Joschka Scheckenhofer, Lisa Teti, Feodora Torun, David https://hdl.handle.net/10419/343839 2026-09-18T15:04:53Z 2026-01-01T00:00:00Z

Title: Evading Sanctions Authors: Wanner, Joschka; Scheckenhofer, Lisa; Teti, Feodora; Torun, David Abstract: At least 26% of pre-war EU exports of sanctioned products still reach Russia. We document the mechanisms and magnitude of evasion and develop a quantitative trade model with endogenous transshipment. We find that the export bans increased trade costs by only about 27% on average, pre-war trade costs predict which countries become transshipment hubs but understate the cost of evasion, and closing just five transshipment hubs reduces imports by an additional 10 percentage points.

2026-01-01T00:00:00Z Foerster, Manuel Habermacher, Daniel https://hdl.handle.net/10419/343818 2026-09-18T15:04:46Z 2026-01-01T00:00:00Z

Title: Authority, communication, and internal markets Authors: Foerster, Manuel; Habermacher, Daniel Abstract: We revisit the trade-off between keeping authority and granting decision-making rights to an informed agent. We introduce transfers, allowing the agent to charge a fee for her services, but she may also offer the principal a side payment. Our results contribute to the debate over subsidiary governance in multinational corporations, showing how financial intermediation by headquarters can induce the parties to act in the organization’s interest.

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