-
Referierte Aufsätze Web of Science
Integrating large quantities of variable renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the congestion that will result from new flow patterns. We model the current methodology for controlling congestion ...
In:
Energy Economics
40 (2013), S. 760-772
| Karsten Neuhoff, Julian Barquin, Janusz Bialek, Rodney Boyd, Chris Dent, Franciso Echavarren, Thilo Grau, Christian von Hirschhausen, Benjamin F. Hobbs, Friedrich Kunz, Christian Nabe, Georgios Papaefthymiou, Christoph Weber, Hannes Weigt
-
Referierte Aufsätze Web of Science
This paper investigates the impact of legalized prostitution on human trafficking inflows. According to economic theory, there are two opposing effects of unknown magnitude. The scale effect of legalized prostitution leads to an expansion of the prostitution market, increasing human trafficking, while the substitution effect reduces demand for trafficked women as legal prostitutes are favored over ...
In:
World Development
41 (2013), S. 67-82
| Seo-Young Cho, Axel Dreher, Eric Neumayer
-
Referierte Aufsätze Web of Science
The paper asks whether members of central bank decision-making committees should communicate with the public in a collegial manner, by conveying the consensus or majority view of the committee, or in an individualistic way, by providing the diversity of views among the committee members. It finds that more active as well as more consistent communication by committee members improves the predictability ...
In:
Public Choice
157 (2013), 1/2, S. 223-244
| Michael Ehrmann, Marcel Fratzscher
-
Referierte Aufsätze Web of Science
We analyse the relationship between the debt-to-GDP ratio and real per capita GDP growth for euro area members and a broader set of industrial countries by distinguishing periods of sustainable and non-sustainable debt. Thresholds for debt are theory-driven and depend on macroeconomic conditions. If the nominal interest rate exceeds nominal output growth, primary budget surpluses are required to achieve ...
In:
Journal of Macroeconomics
38 (2013), Part B, S. 481-486
| Christian Dreger, Hans-Eggert Reimers
-
Referierte Aufsätze Web of Science
We present new cross-country evidence that reveals that during 1995-2007, government ownership of banks has been robustly associated with higher long-run growth rates. We also show that previous results suggesting that government ownership of banks is associated with lower long-run growth rates are not robust to conditioning on more "fundamental" determinants of economic growth.
In:
Economica
79 (2012), 315, S. 449-469
| Svetlana Andrianova, Panicos Demetriades, Anja Shortland
-
Referierte Aufsätze Web of Science
We explore the determinants of individual wellbeing as measured by self-reported levels of satisfaction with income and life. Making use of the German Socio-Economic Panel, we provide empirical evidence for wellbeing depending on absolute and relative income levels in a dynamic framework where status and signal effects play a role. This finding holds after controlling for other factors in a multivariate ...
In:
Economica
79 (2012), 314, S. 284-302
| Conchita D'Ambrosio, Joachim R. Frick
-
Referierte Aufsätze Web of Science
Germany's water supply industry is characterized by a multitude of utilities and widely diverging prices, possibly resulting from structural differences beyond the control of firms' management, but also from inefficiencies. In this article, we use Data Envelopment Analysis and Stochastic Frontier Analysis to determine the utilities' Technical Efficiency (TE) scores based on cross-sectional data from ...
In:
Applied Economics
44 (2012), 29, S. 3749-3764
| Michael Zschille, Matthias Walter
-
Referierte Aufsätze Web of Science
Models of cooperative and noncooperative behaviour opened the household "black box" and allowed for individual treatment of partners in couples. However, labour supply literature has so far largely ignored a broader issue - the distinction of single versus multi-family ("complex") households. We propose a method to account for multi-family household structure by borrowing from recent applications of ...
In:
Applied Economics
44 (2012), 22, S. 2907-2919
| Peter Haan, Michal Myck
-
Referierte Aufsätze Web of Science
Why are female entrepreneurs so rare? In Germany, women exhibit both a lower entry rate into and higher exit rate from self-employment. To explain this gender gap, this study estimates a structural microeconometric model of transition rates that includes a standard risk aversion parameter. Inputs into the model are the expected value and variance of earnings from self-employment and dependent employment, ...
In:
Applied Economics
44 (2012), 14, S. 1795-1812
| Frank M. Fossen
-
Referierte Aufsätze Web of Science
Interest in the effects of sleeping behavior on health and performance is continuously increasing - both in research and with the general public. Ecologically valid investigations of this research topic necessitate the measurement of sleep within people's natural living contexts. We present evidence that a new approach for ambulatory accelerometry data offers a convenient, reliable, and valid measurement ...
In:
PloS one
7 (2012), 10, 9 S.
| Cornelia Wrzus, Andreas M. Brandmaier, Timo von Oertzen, Viktor Müller, Gert G. Wagner, Michaela Riediger