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Referierte Aufsätze Web of Science
The expansion of renewable energies requires infrastructure investments to at least maintain the stability of electricity grids. Using survey data from residential consumers in Germany and Great Britain, we infer in pecuniary terms the extent to which people are prepared to reward the presence of renewable resources in electricity production and how they trade off this change in the fuel mix against ...
In:
Energy Economics
84 (2019), Suppl. 1, 104528
| Christine Merk, Katrin Rehdanz, Carsten Schröder
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Referierte Aufsätze Web of Science
Growing prosperity among its population and an inherent increasing demand for energy complicate China’s target of combating climate change, while maintaining its economic growth. This paper, therefore, describes three potential decarbonization pathways to analyze different effects for the electricity, transport, heating, and industrial sectors until 2050. Using an enhanced version of the multi-sectoral, ...
In:
Applied Energy
255 (2019), 113820, 17 S.
| Thorsten Burandt, Bobby Xiong, Konstantin Löffler, Pao-Yu Oei
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Referierte Aufsätze Web of Science
In this study, we determine the reliability and exogeneity of four popular monetary policy shock measures, namely the narrative series of Romer and Romer (2004), the high-frequency series of Barakchian and Crowe (2013), the high-frequency series of Gertler and Karadi (2015), and the hybrid series of Miranda-Agrippino and Ricco (2018b). To this end, we employ the Proxy-SVAR model and different empirical ...
In:
Economics Letters
184 (2019), 108640, 5 S.
| Stephanie Ettmeier, Alexander Kriwoluzky
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Referierte Aufsätze Web of Science
This paper analyzes whether education has a protective effect on mental health. To estimate causal effects, we employ an instrumental variable (IV) technique that exploits a reform extending compulsory schooling by one year implemented between 1949 and 1969 in West Germany. We complement analyses on the Mental Component Summary (MCS) score as a generic measure of overall mental health with an MCS-based ...
In:
Social Science & Medicine
241 (2019), 112584, 8 S.
| Sarah Dahmann, Daniel D. Schnitzlein
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Referierte Aufsätze Web of Science
We study a sovereign debt crisis in a small member state of a currency union. If the country exits the currency union, it may redenominate its liabilities and reduce the real value of debt through depreciation and inflation. We analyze formally how the anticipation of this possibility, “exit expectations”, impact the dynamics of the sovereign debt crisis. First, we show that public debt accumulates ...
In:
Journal of International Economics
121 (2019), 103253, 13 S.
| Alexander Kriwoluzky, Gernot J. Müller, Martin Wolf
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Referierte Aufsätze Web of Science
This paper examines the effects of substantial changes in paid parental leave on child development and socio-economic development gaps. We analyse a German reform that replaced a means-tested with an earnings-related benefit scheme. Higher-income households benefited relatively more from the reform than low-income households. The reform expanded paid leave in the first year, while it removed paid leave ...
In:
Labour Economics
61 (2019), 101754
| Mathias Hübener, Daniel Kuehnle, C. Katharina Spieß
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Referierte Aufsätze Web of Science
Swarm grids are an emerging approach to electrification in the Global South that interconnects individual household generation and storage to a small electricity network to make full use of existing generation capacities. Using a simulation tool for demand, weather, and power flows, we analyse the potential of an AC swarm grid for a large pre-electrified village in rural Yemen. Service quality and ...
In:
Renewable and Sustainable Energy Reviews
108 (2019), S. 289-302
| Martha M. Hoffmann, Dawud Ansari
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Referierte Aufsätze Web of Science
Advances in horizontal drilling have significantly increased US oil and gas production, but it is not clear whether the industry is viable if oil prices continue to be low. Researchers now estimate the break-even price for oil and gas from tight formations and analyse the factors that affect investment in drilling rigs.
In:
Nature Energy
4 (2019), S. 263-264
| Dawud Ansari
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Referierte Aufsätze Web of Science
We are very grateful to two anonymous referees for helpful comments and suggestions on an earlier version of this article. We are also grateful to seminar participants at the Bank of Italy, Free University of Berlin, University of Naples, Humboldt University of Berlin, IAAE 2016 (Milan), 7th Ifo Conference 2016 (Munich) and EEA 2016 (Geneva), as well as to Rudi Bachmann, Christoph Große Steffen, Michael ...
In:
The Economic Journal ; 128, 616
128 (2018), 616, S. 3266-3284
| Michele Piffer, Maximilian Podstawski
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Referierte Aufsätze Web of Science
This article analyses the effects of the Federal Reserve's quantitative easing (QE) on global portfolio flows, differentiating across recipient region of the flows, type of flow and QE rounds. Furthermore, the analysis differentiates between the impact of QE expansionary announcements and the actual market operations. The analysis shows that QE1 resulted in (slight) rebalancing towards the US, while ...
In:
The Economic Journal
12, S. 330-377
| Marcel Fratzscher, Marco Lo Duca, Roland Straub