In this project, we would like to investigate how public policy stimulates sustainable investments and their spillovers on household income, employment and access to credit. To do so, we have obtained access to granular data from Norway about households (including individual-level information about their employment, demographic information, sources of income, and ownership of assets for every Norwegian tax-payer), housing (including detailed transaction and physical characteristics), firms and credit (including loan level transaction information on interest rates, maturity, security and other terms). For our empirical analyses, we plan to rely on causal inference by exploiting heterogeneity in subsidies to sustainable investment projects across Norwegian counties as quasi-natural experiments.
Monsieur Artashes Karapetyan (Association Groupe ESSEC)
The author of this summary is the project coordinator, who is responsible for the content of this summary. The ANR declines any responsibility as for its contents.
University of Luxembourg / Department of Finance
ESSEC Association Groupe ESSEC
Help of the ANR 190,495 euros
Beginning and duration of the scientific project: January 2022 - 30 Months