👋I'm on the #EconJobMarket! ❓My JMP, together with @dkaenzig.bsky.social, Lixing Wang and Donghai Zhang studies how green innovation varies over the business cycle. 💡We find that green innovation is countercyclical, while non-green innovation is procyclical. 🔗https://tinyurl.com/4b45h979 🧵👇

Showing empirically that green innovation is countercyclical and explaining it with a model where backloaded profits make green research and development less sensitive to downturns, from Diego R. Känzig, @maxkonradt.bsky.social, Lixing Wang, and Donghai Zhang https://www.nber.org/papers/w34041

#Carbon pricing has unequal impacts across European regions. It is associated with a significant decline in output and a rise in #unemployment, as well as increasing the vote shares of extremist and #populist parties. Maximilian Konradt, Giacomo Mangiante cepr.org/voxeu/column... #EconSky