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Referierte Aufsätze Web of Science
Assessing and quantifying the impacts of technological, economic, and policy shifts in the global energy system require large-scale numerical models. We propose a dynamic multi-fuel market equilibrium model that combines endogenous fuel substitution within demand sectors and in power generation, detailed infrastructure capacity constraints and investment, as well as strategic behaviour and market power ...
In:
Energy
75 (2014), S. 483-500
| Daniel Huppmann, Ruud Egging
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Referierte Aufsätze Web of Science
The increasing utilization of renewable energy sources (RES) is a major energy policy strategy in many countries worldwide. Germany is a forerunner in the deployment of RES and has ambitious goals for the future. The support and use of renewables affects the economy: It creates business opportunities in sectors producing renewable energy facilities, but comes with costs related to supporting its deployment. ...
In:
Renewable and Sustainable Energy Reviews
40 (2014), S. 1070-1080
| Jürgen Blazejczak, Frauke G. Braun, Dietmar Edler, Wolf-Peter Schill
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Referierte Aufsätze Web of Science
While some scholars interpret the frequently documented association between age and the strength of party identification as evidence of accumulated political learning, others stress the importance of critical life stages. Germany's turbulent last century, with its suspensions of democratic processes, provides the unique opportunity to empirically disentangle both effects and to also study the consequences ...
In:
Electoral Studies
33 (2014), S.90-101
| Martin Kroh
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Referierte Aufsätze Web of Science
Bank debt guarantees have traditionally been viewed as costless measures to prevent bank runs. However, as recent experiences in some European countries have demonstrated, guarantees may link the coordination problems of bank and sovereign creditors and induce a functional interdependence between the likelihoods of a government default and bank illiquidity. Employing a global-game approach, we model ...
In:
Journal of Banking & Finance
45 (2014), S. 321-337
| Philipp König, Kartik Anand, Frank Heinemann
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Referierte Aufsätze Web of Science
This paper studies welfare effects of a soft borrowing constraint on sovereign debt. The constraint is modeled as a proportional fine per unit of debt in excess of a specified reference value, resembling features of the Stability and Growth Pact. Sovereign debt is the result of myopic fiscal policy. It reduces welfare in the absence of lump-sum taxes. The paper shows that the borrowing constraint enhances ...
In:
Journal of Economic Dynamics & Control
38 (2014), S. 250-265
| Malte Rieth
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Referierte Aufsätze Web of Science
Households can rely on private savings or on public unemployment insurance to hedge against the risk of becoming unemployed. These hedging mechanisms are used differently across countries. In this paper, we use a life cycle model to study the effects of unemployment on the portfolio choice of households in the US and in Germany. We distinguish short- and long-term unemployment and find that, in case ...
In:
Journal of Macroeconomics
40 (2014), S. 90-113
| Franziska Bremus, Vladimir Kuzin
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Referierte Aufsätze Web of Science
The Chinese economic development affects GDP growth and inflation in the advanced countries. The size of the effects is inferred from multivariate time series and structural econometric methods. In particular, the GVAR and the NiGEM are employed to examine the interdependencies between the business cycles in China and industrial countries, including the US, the euro area and Japan. Evidence is based ...
In:
Economic Modelling
38 (2014), S. 184-189
| Christian Dreger, Yanqun Zhang
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Referierte Aufsätze Web of Science
The role and influence of the finance minister within the cabinet are discussed with increasing prominence in the theoretical literature on the political economy of budget deficits. It is generally assumed that the spending ministers can enhance their reputation purely with new or more extensive expenditure programs, whereas it is the sole interest of the finance minister to balance the budget. Using ...
In:
European Journal of Political Economy
34 (2014), S. 390-408
| Beate R. Jochimsen, Sebastian Thomasius
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Referierte Aufsätze Web of Science
With the European Strategic Energy Technology Plan (SET Plan) expiring in 2020, the EU needs to revisit its energy technology policy for the post-2020 horizon and to establish a policy framework that fosters the achievement of ambitious EU commitments for decarbonization by 2050. We discuss options for a post-2020 EU energy technology policy, taking account of uncertain technology developments, uncertain ...
In:
Energy Policy
66 (2014), S. 209-217
| Sophia Rüster, Sebastian Schwenen, Matthias Finger, Jean-Michel Glachant
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Referierte Aufsätze Web of Science
Access to health care is an important factor in explaining health inequalities. This study focuses on the issue of access to health care as a driving force behind the socialdiscrepancies in cesarean delivery using data from 707 newborn children in the 2006-2011 birth cohorts of the German Socio-Economic Panel Study (SOEP). Data on individual birth outcomes are linked to hospital data using extracts ...
In:
Health & Place
27 (2014), S. 9-21
| Anita Kottwitz