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Das FIW bietet gemeinsam mit dem Wiener Institut für Internationale Wirtschaftsvergleiche (wiiw) regelmäßig Vorlesungen in Form eines Seminars in "International Economics" an.
Thursday, 22nd of September 2022, 3:00 p.m. (CET)
Gianluca Orefice, University of Paris-Dauphine
This presentation is based on a paper co-authored with Maria Bas, Lionel Fontagné and Irene Iodice.
This paper investigates the role played by firms’ managerial skills on the heterogeneous reaction of exporters to real exchange rate changes. Our empirical analysis relies on detailed firm-product-destination level export data from France for the period 1995-2008 matched with specific information on firms’ skill composition by occupation (managers, R&D workers, professionals and technicians). Our findings show that high-skill intensive firms have larger exporter price elasticity to real exchange rate variations and a lower elasticity of export quantities. While a 10% depreciation of the real exchange rate makes firms with sample-average skill intensity charging 0.5% higher export price, we show that this effect is 40% higher for exporters with one standard deviation larger skill intensity. Managers and R&D workers contribute the most to this heterogeneous pricing-to-market behavior offirms. These findings are robust to controlling for the competing explanations of firm productivity and quality.
Wednesday, 05th of October 2022, 3:30 p.m. (CET)
Attention: the date has been changed (formerly 6th of October at 2:30 p.m.)
Italo Colantone, Bocconi University
On-site: wiiw, Rahlgasse 3, 1060 Vienna or
Online: via Zoom
For participating in discussion at the Q&A session better, we highly recommend on-site particiaption.
Registration link for on-site participation:
Registration link for online participation:
The presentation is based on a paper co-authored with Livio Di Lonardo, Yotam Margalit and Marco Percoco.
For many governments enacting green policies is a priority, but these often entail substantial and uneven costs on citizens. How does the introduction of green policies affect voting? We study this question in the context of a major ban on polluting cars introduced in Milan. The policy was strongly opposed by the right-wing populist party Lega, portraying it as a “radical-chic-leftist” initiative penalizing common people. We show that owners of banned vehicles—who incurred a median loss of €3,750—were significantly more likely to vote for Lega in the subsequent elections. This electoral shift does not stem from increased environmental skepticism, but rather from the perceived unfairness of the policy and its pocketbook implications. In fact, recipients of compensation from the local government were not more likely to switch to Lega. The findings underscore that addressing the distributive consequences is key for advancing green policies that are politically sustainable.