Vorträge des DIW Berlin

What about Coal? Interactions between Climate Policies and the Global Steam Coal Market until 2030

Because of economic growth and a strong increase in global energy demand the demand for fossil fuels and therefore also greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of special relevance as coal is available in many countries and often their first choice to meet energy demand. In this paper we assess possible interactions...

Subsidies for Learning in Renewable Energy Technologies under Market Power and Emission Trading

Under perfect competition on the output market, first best technology subsidies in the presence of learning by doing are justified by knowledge spill overs that are not accounted for by individual companies. First best output subsidies are thus depending directly on the learning effects and are, if applicable, positive. Considering electricity markets, a setting of imperfect competition is more...

Stationarity Changes in Long-Run Fossil Resource Prices: Evidence from Persistence Break Testing

This paper considers the question of whether changes in persistence have occurred during the long-run evolution of U.S. prices of the non-renewable energy resources crude oil, natural gas and bituminous coal. Our main contribution is to allow for a structural break when testing for a break in persistence, thus disentangling the effect of a deterministic break from that of a stochastic break and...

Financial Integration and Macroeconomic Stability: What Role for Large Banks?

This study assesses how banking sector integration and especially cross-border lending affect macroeconomic stability. I use a two-country general equilibrium model with heterogeneous banks that are hit by idiosyncratic shocks. According to the concept of granularity, idiosyncratic shocks to large firms (or: banks) do not have to cancel out under a skewed distribution of firm sizes. Given the...

Data Preparation of the New SOEP Consumption Module: Editing, Imputation and Smoothing

Input-Output Table for Germany in 1936 as New Benchmark for Economic Historical Analysis

Mid-Term Results from an Experimental Evaluation of the Youth Opportunities Program in Northern Uganda

Exposure to Violence and Student Achievement in Palestine: Evidence from the Second Intifada

Who Has to Leave and Why? Displacement in Kyrgyzstan: Evidence from a New Micro-Level Dataset

Are Uzbeks Better Off? Economic Welfare and Ethnicity in Kyrgyzstan

On Terrorist Strategy in Triangular Conflict: Evidence from Northern Ireland 1971-1994

The Determinants of Hijackings and Ransom Payments in Somalia

The Impact of the Rwandan Genocide on the Marriage Market

Vereinbarkeit von Familie und Beruf: deutsche Herausforderungen

Geodaten erhöhen die Aussagekraft sozial- und wirtschaftswissenschaftlicher Analysen

Geodaten erfordern höchsten Daten- und Persönlichkeitsschutz

Analytical Potentials of the Socio-Economic Panel (SOEP) to Study Health Inequalities with Respect to Space and Time

Zur Entwicklung der Altersarmut in Deutschland

Differential Taxation and Firms' Financial Leverage: Evidence from the Introduction of a Flat Tax on Interest Income

Tax competition for the mobile factor capital has led to a trend in many countries to levy lower taxes on interest income, often introducing differential taxation between interest and business income. In this study, we analyze the effect of such differential taxation on the debt ratio of firms. We exploit a 2009 tax reform in Germany as a quasi-experiment, which introduced a flat final withholding...

Banking of Surplus Emissions Allowances: Does the Volume Matter?