Publication: Sustainable Investing and Political Behavior
Sustainable Investing and Political Behavior
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Heeb, F., Kölbel, J., Ramelli, S., & Vasileva, A. (2024). Sustainable Investing and Political Behavior (No. 23–46; Swiss Finance Institute Research Paper). https://doi.org/10.2139/ssrn.4484166
Abstract
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Abstract
A major concern regarding sustainable investing is that it may crowd out political support for government interventions targeting negative externalities. We test the validity of this concern in a preregistered experiment shortly before a real referendum on a climate law with a representative sample of the Swiss population (N = 2,051). We find that the opportunity to invest in a climate conscious fund does not erode individuals’ support for climate regulation. Our experimental results are consistent with actual voting and investing beh
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P16
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Heeb, F., Kölbel, J., Ramelli, S., & Vasileva, A. (2024). Sustainable Investing and Political Behavior (No. 23–46; Swiss Finance Institute Research Paper). https://doi.org/10.2139/ssrn.4484166
