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Referierte Aufsätze Web of Science
Redistributive policies can provide an insurance against future negative economic shocks. This, in turn, implies that an individual's demand for redistribution is expected to increase with her risk aversion. To test this prediction, we elicit risk aversion and demand for redistribution through a well-established set of measures in a representative sample of the Swedish population. We document a statistically ...
In:
Journal of Public Economics
153 (2017), S. 49-55
| Johanna Mollerstrom, Manja Gärtner, David Seim
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Referierte Aufsätze Web of Science
Economists consider personality traits to be stable, particularly throughout adulthood. However, evidence from psychological studies suggests that the stability assumption may not always be valid, as personality traits can respond to certain life events. Our paper analyzes whether and to what extent personality traits are malleable over a time span of eight years for a sample of working individuals. ...
In:
Journal of Economic Psychology
60 (2017), S. 71-91
| Silke Anger, Georg Camehl, Frauke Peter
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Referierte Aufsätze Web of Science
This paper analyses whether exporting firms are less CO2 emission-intensive than non-exporting competitors. It exploits a novel and unique dataset for Germany, a major exporting country. Due to the direct link between CO2 emissions and fuels consumed, we argue that it is necessary to employ a production function framework to consistently analyse CO2 emission intensity. We show that such an approach ...
In:
European Economic Review
98 (2017), S. 373-391
| Philipp M. Richter, Alexander Schiersch
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Referierte Aufsätze Web of Science
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007–2014 period. We find an average pass-through rate of around 60%. This significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have greater market power because customers are less willing to switch, is only 50%, it increases to 70% in the competitive ...
In:
European Economic Review
98 (2017), S. 354-372
| Tomaso Duso, Florian Szücs
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Referierte Aufsätze Web of Science
This paper provides a literature review on wind power and externalities from multiple perspectives. Specifically, the economic rationale behind world-wide wind power deployment is to mitigate negative externalities of conventional electricity technologies, notably emissions from fossil fuels. However, wind power entails externalities itself. Wind turbines can lower quality of human life through noise ...
In:
Ecological Economics
141 (2017), S. 245-260
| Alexander Zerrahn
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Referierte Aufsätze Web of Science
The purpose of this article is twofold. First, we review model-based analyses that explore the role of power storage in energy systems with high shares of variable renewables. Second, we introduce a new model that is specifically designed for exploring long-term storage requirements. The literature survey focuses on recent contributions in the peer-reviewed energy economics and engineering literature. ...
In:
Renewable and Sustainable Energy Reviews
79 (2017),S. 1518-1534
| Alexander Zerrahn, Wolf-Peter Schill
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Referierte Aufsätze Web of Science
We explore the impact of large banks and of financial openness for aggregate growth. Large banks matter because of granular effects: if markets are very concentrated in terms of the size distribution of banks, idiosyncratic shocks at the bank-level do not cancel out in the aggregate but can affect macroeconomic outcomes. Financial openness may affect GDP growth in and of itself, and it may also influence ...
In:
Journal of Banking & Finance
77 (2017), S. 300-316
| Franziska Bremus, Claudia M. Buch
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Referierte Aufsätze Web of Science
Lifespan research has long been interested in how contexts shape individual development. Using the separation and later reunification of Germany as a kind of natural experiment we examine whether and how living and dying in the former East or West German context has differentially shaped late-life development of well-being. We apply multi-level growth models to annual reports of life satisfaction collected ...
In:
International Journal of Behavioral Development
41 (2017), 1, S. 115-126
| Nina Vogel, Denis Gerstorf, Nilam Ram, Jan Goebel, Gert G. Wagner
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Referierte Aufsätze Web of Science
This paper tests whether an increase in insured deposits causes banks to become more risky. We use variation introduced by the U.S. Emergency Economic Stabilization Act in October 2008, which increased the deposit insurance coverage from $100,000 to $250,000 per depositor and bank. For some banks, the amount of insured deposits increased significantly; for others, it was a minor change. Our analysis ...
In:
Journal of Financial Intermediation
29 (2017), S. 81-102
| Claudia Lambert, Felix Noth, Ulrich Schüwer
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Referierte Aufsätze Web of Science
Throughout the world, governments foster the deployment of wind power to mitigate negative externalities of conventional electricity generation, notably CO2 emissions. Wind turbines, however, are not free of externalities themselves, particularly interference with landscape aesthetics. We quantify these negative externalities using the life satisfaction approach. To this end, we combine household data ...
In:
Journal of Environmental Economics and Management
82 (2017), S. 221-238
| Christian Krekel, Alexander Zerrahn