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Referierte Aufsätze Web of Science
We advance the literature on political budget cycles by testing for cycles in expenditures for elections to the legislative and the executive branches. Using municipal data, we identify cycles independently for the two branches, evaluate the effects of overlaps, and account for general year effects. We find sizable effects on expenditures before legislative elections and even larger effects before ...
In:
Public Choice
177 82018), 1-2, S. 1-27
| Dirk Foremny, Ronny Freier, Marc-Daniel Moessinger, Mustafa Yeter
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Referierte Aufsätze Web of Science
The achieved international consensus on the 1.5–2 °C target entails that most of current fossil fuel reserves must remain unburned. A major contribution has to come from coal as both the most abundant and the most emission-intensive fuel. Currently, a majority of climate policies aiming at reducing coal consumption are directed towards the demand side. In the absence of a global carbon-pricing regime, ...
In:
Climatic Change
150 (2018), 1-2, S. 57-72
| Roman Mendelevitch
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Referierte Aufsätze Web of Science
The shift away from coal is at the heart of the global low-carbon transition. Can governments of coal-producing countries help facilitate this transition and benefit from it? This paper analyses the case for coal taxes as supply-side climate policy implemented by large coal exporting countries. Coal taxes can reduce global carbon dioxide emissions and benefit coal-rich countries through improved terms-of-trade ...
In:
Climatic Change
150 (2018), 1-2, S. 43-56
| Philipp M. Richter, Roman Mendelevitch, Frank Jotzo
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Referierte Aufsätze Web of Science
We assess the short-term employment effects of the introduction of a national statutory minimum wage in Germany in 2015. For this purpose, we exploit variation in the regional treatment intensity, assuming that the stronger a minimum wage ‘bites’ into the regional wage distribution, the stronger the regional labour market will be affected. In contrast to previous studies, we construct two regional ...
In:
Labour Economics
53 (2018), S. 46-62
| Marco Caliendo, Alexandra Fedorets, Malte Preuss, Carsten Schröder, Linda Wittbrodt
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Referierte Aufsätze Web of Science
We quantify the greenhouse-gas mitigation potential and carbon abatement costs if green waste in the metropolitan region of Berlin, Germany, is diverted from composting into the production of hydrothermally carbonized coal (HTC coal) that is used to substitute for hard coal in electricity and heat generation. Depending on the origin of the green waste, we specify an urban, a rural-urban, and a rural ...
In:
Energy Policy
123 (2018), S. 503-513
| Jakob Medick, Isabel Teichmann, Claudia Kemfert
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Referierte Aufsätze Web of Science
The causes and consequences of the intergenerational persistence of inequality are a topic of great interest among various fields in economics. However, until now, issues of data availability have restricted a broader and cross-national perspective on the topic. Based on rich sets of harmonized household survey data, we contribute to filling this gap by computing time series for several indexes of ...
In:
Journal of Development Economics
134 (2018), S. 329-349
| Guido Neidhöfer, Joaquín Serrano, Leonardo Gasparini
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Referierte Aufsätze Web of Science
Here we conducted a large-scale genetic association analysis of educational attainment in a sample of approximately 1.1 million individuals and identify 1,271 independent genome-wide-significant SNPs. For the SNPs taken together, we found evidence of heterogeneous effects across environments. The SNPs implicate genes involved in brain-development processes and neuron-to-neuron communication. In a separate ...
In:
Nature Genetics
50 (2018), S. 1112-1121
| James J. Lee, Robbee Wedow, Martin Kroh ...
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Referierte Aufsätze Web of Science
Related to the increased encouragement of public transport (PT) by policy-makers, over-crowding in PT has become a major issue worldwide. Whilst the impact of in-vehicle crowding on individuals' travel costs has been considered, we focus on aggregate welfare losses. We apply a Pigouvian framework to the case of subways and compute the economic cost of congestion (ECC). We combine data of the 14 metro ...
In:
Economics of Transportation
14 (2018), S. 1-8
| Luke Haywood, Martin Koning, Remy Prud'homme
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Referierte Aufsätze Web of Science
The use of renewable energy sources is a major strategy to mitigate climate change. Yet Sinn (2017) argues that excessive electrical storage requirements limit the further expansion of variable wind and solar energy. We question, and alter, strong implicit assumptions of Sinn’s approach and find that storage needs are considerably lower, up to two orders of magnitude. First, we move away from corner ...
In:
European Economic Review
108 (2018), S. 259-279
| Alexander Zerrahn, Wolf-Peter Schill, Claudia Kemfert
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Referierte Aufsätze Web of Science
The paper estimates the dynamic impact of structural oil market shocks on the balance sheet of US firms, using industry level data covering manufacturing, trade and mining sectors. For manufacturing firms, findings indicate that an unexpected disruption in oil supply that raises oil prices by 1% lowers firm profits by 1.3% on impact. On the other hand, profits rise by 0.39% in response to the same ...
In:
Journal of Banking & Finance
95 (2018), S. 112-127
| Khalid ElFayoumi