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Referierte Aufsätze Web of Science
The rational expectations assumption, e.g. in life-cycle models and portfolio-choice models, prescribes that all actions are in line with a well-structured and unbiased system of expectations. In reality, justification and identification of expectations are nontrivial, and we lack empirical evidence especially for the long run. This paper starts to fill this gap and elicits short-run and long-run expectations ...
In:
Journal of Behavioral and Experimental Finance
31 (2021), 100535, 18 S.
| Christoph Breunig, Iuliia Grabova, Peter Haan, Felix Weinhardt, Georg Weizsäcker
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Referierte Aufsätze Web of Science
The relationship between urbanization, the brain, and human mental health is subject to intensive debate in the current scientific literature. Particularly, since mood and anxiety disorders as well as schizophrenia are known to be more frequent in urban compared to rural regions.Here, we investigated the association between cerebral signatures, mental health and land use indicators (Urban Fabric and ...
In:
Landscape and Urban Planning
214 (2021), 104196, 8 S.
| Simone Kühn, Sandra Düzel, Anna Mascherek, Peter Eibich, Christian Krekel, Jens Kolbe, Jan Goebel, Jürgen Gallinat, Gert G. Wagner, Ulman Lindenberger
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Referierte Aufsätze Web of Science
Based on findings from high-income countries, typically economists hypothesize that having more children unambiguously decreases the time mothers spend in the labor market. Few studies on lower-income countries, in which low household wealth, informal child care, and informal employment opportunities prevail, find mixed results. Using Mexican census data, I do not find evidence for negative employment ...
In:
Labour Economics
72 (2021), 102048, 16 S.
| Julia Schmieder
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Referierte Aufsätze Web of Science
This paper is the first causal study using quasi-experimental methods to identify the effect of minimum wages on the reservation wages of non-workers. We exploit variation in regional exposure to the introduction of a high-impact minimum wage in Germany in 2015, combined with survey responses about wage acceptance thresholds of job seekers. Results show a 16% increase in reservation wages among non-employed ...
In:
Journal of Economic Behavior & Organization
183 (2021), S. 397–419
| Alexandra Fedorets, Cortney Shupe
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Referierte Aufsätze Web of Science
Coal consumption and production have sharply declined in recent years in the U.S., despite political support. Reasons are mostly unfavorable economic conditions for coal, including competition from natural gas and renewables in the power sector, as well as an aging coal-fired power plant fleet. Nevertheless, coal remains a major energy source in the North American energy markets. Supplementing EMF34 ...
In:
Energy Policy
149 (2021), 112097, 13 S.
| Christian Hauenstein, Franziska Holz
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Referierte Aufsätze Web of Science
We study a game in which two firms compete in quality to serve a market consisting of consumers with different initial consideration sets. If both firms invest below a certain threshold, they only compete for those consumers already aware of their existence. Above this threshold, a firm is visible to all and the highest investment attracts all consumers. On the one hand, the existence of initially ...
In:
International Journal of Industrial Organization
75 (2021), 102709, 19 S.
| Renaud Foucart, Jana Friedrichsen
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Referierte Aufsätze Web of Science
We study the impact of different regulatory designs on the cost efficiency of operators providing a public service, exploiting data from the French transport industry. The distinctive feature of the study is that it considers regulatory regimes as endogenously determined choices, explained by economic, political, and institutional variables. Our approach leans on a positive analysis to study the determinants ...
In:
Journal of Regulatory Economics
59 (2021), S. 25-46
| Joanna Piechucka
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Referierte Aufsätze Web of Science
This paper examines medium and long-term perspectives for global steam coal production and trade, considering the potential impacts of the COVID-19 pandemic and plausible recovery scenarios in its aftermath. We use an interdisciplinary approach to develop a range of stylized global coal demand scenarios until 2040 depicting the influence of the COVID-19 pandemic and resulting recovery stimuli. Additional ...
In:
Applied Energy
288 (2021), 116564, 16 S.
| Paola Yanguas Parra, Christian Hauenstein, Pao-Yu Oei
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Referierte Aufsätze Web of Science
The power sector needs to ensure a rapid transition towards a low-carbon energy system to avoid the dangerous consequences of greenhouse gas emissions. Storage technologies are a promising option to provide the power system with the flexibility required when intermittent renewables are present in the electricity generation mix. This paper focuses on the role of electricity storage in energy systems ...
In:
Energy Policy
151 (2021), 112159, 19 S.
| Sara Giarola, Anahi Molar-Cruz, Kathleen Vaillancourt, Olivier Bahn, Luis Sarmiento, Adam Hawkes, Maxwell Brown
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Referierte Aufsätze Web of Science
This paper aims to quantify the relation between real GDP, CO2 emissions, renewable and nonrenewable energy consumption, tourism development and labor force for France and Germany as these two countries are pioneer countries pushing Paris agreement within and outside the European Union. The time spans have been used for the period of 1995–2015 according to data availability. In the presence of cross-sectional ...
In:
Renewable Energy
172 (2021), S. 88-99
| Xuejiao Ma, Najid Ahmad, Pao-Yu Oei