Energy Saving Innovation, Vintage Capital, and the Green Transition
An optimal policy for energy saving innovation can substantially mitigate the costs of the energy transition.
Christian KEUSCHNIGG and Giedrius K. STALENIS
February 2025, CEPR DP 19993, CESifo DP 11722.
Resource Dependence, Recycling, and Trade
Recycling waste from used goods can substitute for scarce raw materials. What’s the right policy to promote recycling?
Peter H. EGGER and Christian KEUSCHNIGG
Journal of Environmental Economics and Management 128, 2024, 103064.
Access, printed version in JEEM.
Banks, Credit Reallocation, and Creative Destruction
Banks redirect credit from unprofitable to innovative firms and support innovation by creative destruction.
Christian KEUSCHNIGG, Michael KOGLER and Johannes I. MATT
November 2022, SFI RP 22-83, CEPR DP 17701, CESifo WP 10093, revised September 16, 2024.