Results 221 to 230 of about 1,676,787 (274)

The carbon content of billionaire wealth: composition, concentration and taxation

open access: yesFiscal Studies, EarlyView.
Abstract How large are billionaires' carbon footprints? While increasing evidence highlights large disparities in emissions between and within countries, detailed individual‐level data on emissions portfolios remain scarce. In this paper, we analyse the wealth composition of the top 500 billionaires and construct a dataset linking each of their assets ...
Krystian Bua   +5 more
wiley   +1 more source

Wage growth of less educated workers: the importance of social skills

open access: yesFiscal Studies, EarlyView.
Abstract We use matched employee–employer data from the UK to investigate the importance of social skills – in particular, teamwork and communication with co‐workers – as a driver of wage growth for workers with lower formal education. We find that in social skill tasks, a significant fraction of less educated workers enjoy wage progression with tenure,
Philippe Aghion   +3 more
wiley   +1 more source

Real Effects of Subjectivity in Measuring Fair Values

open access: yesJournal of Accounting Research, EarlyView.
ABSTRACT This study examines how the subjectivity in measuring fair values of assets without readily observable market prices affects investment efficiency and shareholder value. When fair values are objective measures of asset value, they facilitate efficient investment decisions that align with shareholder interests.
VERENA BRAUN   +3 more
wiley   +1 more source

Dutch dilemma: Housing prices and flood risk exposure

open access: yesReal Estate Economics, EarlyView.
Abstract This article studies the impact of flood risk exposure on housing prices in a major river delta. Analyzing 1.8 million property transactions from 1998 to 2023 in the Netherlands, we find an average price discount of 1.1%. We observe considerable heterogeneity in price effects driven by exposure intensity, institutional settings that vary ...
Piet Eichholtz   +2 more
wiley   +1 more source

A hybrid Tiebout model with vintage housing

open access: yesReal Estate Economics, EarlyView.
Abstract This article examines how spatial variation in housing ages affects income segregation in US cities. We develop a dynamic general equilibrium hybrid Tiebout model with durable housing that combines local public finance and urban land use theories.
Kuzey Yilmaz, Muharrem Yesilirmak
wiley   +1 more source

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