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Referierte Aufsätze Web of Science
This paper provides a review of trends in third generation nuclear power plants, and analyzes current and future nuclear power plant investments using Monte Carlo simulations of economic indicators. We first review global trends of nuclear power plant investments, including technical as well as economic trends. The review suggests that cost escalations in the sector observed in previous research continue ...
In:
Renewable and Sustainable Energy Reviews
143 (2021), 110836, 13 S.
| Ben Wealer, Simon Bauer, Christian von Hirschhausen, Claudia Kemfert, Leonard Göke
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Referierte Aufsätze Web of Science
We study the impact of Mexico's energy reform on the welfare of electricity, liquified petroleum gas, and gasoline consumers between 2010 and 2018. We utilize micro-level data to estimate income and price elasticities. Comparative statics are used to determine subsidy and price influences on consumer surplus. A counterfactual is used to simulate the industry's behavior under non-reform parameters. ...
In:
Utilities Policy
70 (2021), 101191, 10 S.
| José Carlos Ramírez, Francisco Ortiz-Arango, Juan Rosellón
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Referierte Aufsätze Web of Science
Across the world, tax exemptions for jobs with low earnings intend to incite non-participating workers to rejoin the labor market. However, such tax exemptions may also have negative equilibrium effects. The German minijob tax exemption offers a convenient case to identify equilibrium effects as it applies to some but not to other low-wage jobs. We build and estimate a structural job search model with ...
In:
Labour Economics
69 (2021), 101976, 15 S.
| Luke Haywood, Michael Neumann
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Referierte Aufsätze Web of Science
We analyze how tariff design incentivizes households to invest in residential photovoltaic and battery storage systems, and explore selected electricity sector effects. To this end, we develop an open-source electricity sector model that explicitly features prosumage agents and apply it to German 2030 scenarios. Results show that lower feed-in tariffs substantially reduce investments in residential ...
In:
Energy Policy
152 (2021), 112168, 17 S.
| Claudia Günther, Wolf-Peter Schill, Alexander Zerrahn
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Referierte Aufsätze Web of Science
This paper analyzes the effects of bank capital regulation on the link between bank size and volatility. Using bank-level data for 27 advanced economies over the 2000–2014 period, we estimate a power law that relates the volume of a bank’s loan portfolio to the volatility of loan growth. Our analysis reveals, first, that more stringent capital regulation weakens the size-volatility nexus. Hence, in ...
In:
Journal of Banking & Finance
127 (2021), 106122, 15 S.
| Franziska Bremus, Melina Ludolph
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Referierte Aufsätze Web of Science
We study the determinants of common European merger policy over its first 25 years, from 1990 to 2014. Using a novel dataset at the level of the relevant antitrust markets and containing all relevant merger cases notified to the European Commission, we evaluate how consistently arguments related to structural market parameters – dominance, rising concentration, barriers to entry, and foreclosure – ...
In:
International Journal of Industrial Organization
76 (2021), 102720, 22 S.
| Pauline Affeldt, Tomaso Duso, Florian Szücs
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Referierte Aufsätze Web of Science
This paper tests the conjecture that involuntary job loss erodes trust. Using the German Socio-Economic Panel and considering how trust evolves over a quinquennial time interval, we find that job loss decreases trust by about 9 percent of a standard deviation.
In:
Journal of Economic Psychology
84 (2021), 102369, 9 S.
| Tim Friehe, Jan Marcus
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Referierte Aufsätze Web of Science
This contribution analyses early retirement in Germany and Switzerland with a focus on financial resources. Using data from CH-SILC linked to administrative records and the German SOEP, we distinguish three different financial resources: namely, pre-retirement labour income, net worth and pension entitlements. High labour income reduces the probability for early retirement. In contrast, high pension ...
In:
Advances in Life Course Research
47 (2021), 100392, 10 S.
| Ursina Kuhn, Markus M. Grabka, Christian Suter
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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
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