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Referierte Aufsätze Web of Science
We investigate the impact of demographic changes on local public services taking the case of water service. We apply a structural production function approach to a large panel of German water utilities between 2003 and 2014. Exploring variation of population density and the population age structure across service areas and over time, we provide evidence that demographics and their changes significantly ...
In:
Utilities Policy
79 (2022), 101435, 17 S.
| Astrid Cullmann, Caroline Stiel
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Referierte Aufsätze Web of Science
The self-employed faced strong income losses during the Covid-19 pandemic. Many governments introduced programs to financially support the self-employed during the pandemic, including Germany. The German Ministry for Economic Affairs announced a €50bn emergency-aid program in March 2020, offering one-off lump-sum payments of up to €15,000 to those facing substantial revenue declines. By reassuring ...
In:
Journal of Economic Psychology
93 (2022), 102567, 16 S.
| Joern Block, Alexander S. Kritikos, Maximilian Priem, Caroline Stiel
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Referierte Aufsätze Web of Science
In this paper we estimate the effect of unemployment on informal care provision. For the identification we use plant closures as a source of exogenous variation and combine difference-in-differences with matching based on entropy balancing. The analysis is based on data from the German Socio-Economic Panel (SOEP). We find that there is a time conflict between employment and informal care provision. ...
In:
The Journal of the Economics of Ageing
23 (2022), 100395, 14 S.
| Björn Fischer, Peter Haan, Santiago Salazar Sanchez
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Referierte Aufsätze Web of Science
In sequential interactions, both the agent’s intention and the outcome of his choice may influence the principal’s action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the principal when deciding on a reciprocating action. We employ a controlled experiment to investigate how intentions and outcome affect the principal’s actions ...
In:
Journal of Behavioral and Experimental Economics
100 (2022), 101913, 21 S.
| Jana Friedrichsen, Katharina Momsen, Stefano Piasenti
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Referierte Aufsätze Web of Science
Cost of renewable energies have dropped, approaching wholesale power price levels. As a result, the role of renewable energy policy design is shifting – from covering incremental costs towards facilitating risk-hedging. An analytical model of the financing structure of renewable investment projects is developed to assess this effect und used to compare different policy design choices: contracts for ...
In:
Resource and Energy Economics
70 (2022), 101330, 15 S.
| Karsten Neuhoff, Nils May, Jörn C. Richstein
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Referierte Aufsätze Web of Science
The transition to low-carbon economies requires massive investments into renewable energies, which are commonly supported through regulatory frameworks. Yet, governments can have incentives – and the ability – to deviate from previously announced support policies once those investments have been made, which can deter investments. We analyze a renewable energy dynamic regulation game and derive under ...
In:
Energy Economics
112 (2022), 106102, 16 S.
| Nils May, Olga Chiappinelli
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Referierte Aufsätze Web of Science
The current governance process to plan the German energy system omits two options to substitute grid expansion: First, placing renewables closer to demand instead of where site conditions are best. Second, utilizing storage instead of additional transmission infrastructure to prevent grid congestion. In the paper, we apply a comprehensive capacity expansion model based on the AnyMOD modeling framework ...
In:
Energy Economics
113 (2022), 106190, 10 S.
| Leonard Göke, Mario Kendziorski, Claudia Kemfert, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
Spillovers from US monetary policy entail spillbacks to the domestic economy. Applying counterfactual analyses in a Bayesian proxy structural vector-autoregressive model we find that spillbacks account for a non-trivial share of the slowdown in domestic real activity following a contractionary US monetary policy shock. Spillbacks materialise as a monetary policy tightening depresses foreign sales and ...
In:
Journal of Monetary Economics
131 (2022), S. 45–60
| Max Breitenlechner, Georgios Georgiadis, Ben Schumann
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Referierte Aufsätze Web of Science
This study analyzes the causal effect of an increase in the retirement age on official health diagnoses. We exploit a sizable cohort-specific pension reform for women using a Difference-in-Differences approach. The analysis is based on official records covering all individuals insured by the public health system in Germany and including all certified diagnoses by practitioners. This enables us to gain ...
In:
The Journal of the Economics of Ageing
23 (2022), 100403
| Mara Barschkett, Johannes Geyer, Peter Haan, Anna Hammerschmid
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Referierte Aufsätze Web of Science
Based on data from the German Socio-Economic Panel, we document a significant rise in monthly earnings in- equality between 1993 and 2018. The main contributors are inter-temporal increases in working hours inequality and increases in the covariance between working hours and hourly wages, while changes in the distribution of hourly wages play a minor role. Applying a novel double decomposition technique ...
In:
Labour Economics
76 (2022), 102184, 22 S.
| Mattis Beckmannshagen, Carsten Schröder