Sarah Vincent*, Claire Alestra**

phd seminar

Sarah Vincent*, Claire Alestra**

Entrepreneurship within the household*
A multidimensional impact evaluation of the German nuclear phase-out**
Tuesday, April 13 2021| 11:00am to 12:30pm

Anushka Chawla: anushka.chawla[at]
Kenza Elass: kenza.elass[at]
Carolina Ulloa Suarez: carolina.ulloa-suarez[at]


*Recent evidence in developing countries shows that, when facing investment decisions, female entrepreneurs choose to invest in their husband’s firm instead of their own. In this context, it is important to understand how entrepreneurship decisions within the household are shaped. Using a standard collective household model, this paper studies spouses’ investment decisions. We find that investment preferences of each spouse are not necessarily aligned and that utility or monetary transfers can realign spouses' optimal investment decisions. To test our theoretical predictions, we use Indian Demographic and Health Survey and Indian Human Development Survey to estimate the effect of the termination of quotas on textile’s export, imposed by the Multi Fibre Arrangement, on women’s well-being. We find that in regions where women were more involved in agricultural production and had more investment possibilities, removing the quotas decreased households' incomes while it improved health indicators and decreased domestic violence. We interpret this as a better treatment by husbands.

**Following the Fukushima nuclear accident, Germany has adopted the 2011 Atomic Energy Act (Atomgesetz), which plans the phase-out of nuclear power by 2022. It establishes the immediate and permanent shutdown of half of the country’s nuclear reactors and plans the gradual closure of the remaining ones, involving strong implications for both the German electricity mix and prices. Using German Socio-Economic Panel (SOEP) data at the district scale and the Difference-in-Difference approach, this paper aims at evaluating the local impacts of this exogenous policy on air pollution, health and socio-economic indicators, such as real-estate or labour market outcomes. By doing so, this study aspires to help fill the gap in empirical work assessing the effects of large-scale nuclear shutdowns, a policy yet currently considered by other countries, as well as to contribute to the discussion on the consequences of ambitious energy policies.

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