Thema Märkte

Prioritize to Decarbonize: Thermal Retrofits, Carbon Prices, and Energy Inequality

The energy crisis following Russia’s invasion of Ukraine exposed the heightened vulnerability of low-income households to rising heating costs, particularly those in energy inefficient buildings. Using data from the German Socio-Economic Panel (SOEP), this study examines the distributional impact of heating costs across income deciles and evaluates the effectiveness of policy interventions. We find ...

The Impact of Governmental Regulations on Housing Market: Findings of a Meta-Study of Empirical Literature

Housing markets are affected by a large variety of factors. Among them, governmental regulations play an important role. Besides desired effects, all these policies exert a number of side effects, some of which can even offset the desired effects. In addition, different policies can cancel out each other. Therefore, it is important to be aware of the effects of individual policies and the composite ...

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Is Russian Gas Still Needed in the European Union? Model-Based Analysis of Long-Term Scenarios

Aligned with the war in Ukraine, Russia has significantly withheld natural gas exports to Europe since 2021. As there are no EU-wide sanctions on imports of Russian natural gas, the Ukraine transit as well as imports via Turkey and LNG have remained active during 2022–24. However, the Russian-Ukrainian transit agreement expires at the end of 2024 and discussions about new sanctions on natural gas as ...

#25 Eine Reserve als Feuerwehr für das Stromsystem?

Versorgungssicherheit im Stromsystem ist fundamental, damit wir nicht im Dunkeln sitzen. In der letzten Folge von fossilfrei haben wir verschiedene Optionen vorgestellt, wie man unser Stromsystem absichern kann, das zunehmend auf fluktuierenden erneuerbaren Energien basiert. In dieser Folge geht es im Detail um eine dieser Optionen: die „Versorgungssicherheitsreserve“. Unser Kollege Karsten...

Podcast 'fossilfrei' - #25: Eine Reserve als Feuerwehr für das Stromsystem?

Versorgungssicherheit im Stromsystem ist fundamental, damit wir nicht im Dunkeln sitzen. In Folge 24 von 'fossilfrei' haben Wolf-Peter Schill und  Alexander Roth verschiedene Optionen vorgestellt, wie man unser Stromsystem absichern kann, das zunehmend auf fluktuierenden erneuerbaren Energien basiert. In dieser Folge geht es im Detail um eine dieser Optionen: die „Versorgungssicherheitsreserve“. Als ...

Multi-mode Trade Policy Retaliation

Previous studies have found evidence that countries may choose to retaliate against countries for certain trade actions.  What has not been empirically examined is the use of multi-modal retaliation in trade policy. Using an exporter-importer-sector panel of antidumping (AD), sanitary and phytosanitary (SPS), and technical barriers to trade (TBT) actions between 1995 and 2019, we find evidence of...

Broken Ties: Impact of Venezuela’s Suspension from Mercosur on Trade Networks

This paper examines the impact of sanctions on the structure of regional supply chains, focusing on Venezuela's suspension from the Mercosur trade bloc in 2016. To analyze this, we exploit a uniquely comprehensive database encompassing firm-to-firm transactions across several Latin American economies from 2014 to 2019. Our findings reveal how buyer-supplier linkages adapted to the shock along...

Evaluation Support Study for the Revision of the Guidelines on State Aid to Airports and Airlines

The study offers a comprehensive retrospective assessment of the Aviation Guidelines related to State Aid, evaluating their effectiveness and efficiency in promoting regional development and enhancing accessibility while minimizing competitive distortions. The analysis focuses on three primary areas: It examines whether the 2014–2024 transition period for phasing out operating aid to airports...

Evaluation Support Study for the Revision of the Guidelines on State Aid to Airports and Airlines

The study offers a comprehensive retrospective assessment of the Aviation Guidelines related to State Aid, evaluating their effectiveness and efficiency in promoting regional development and enhancing accessibility while minimizing competitive distortions. The analysis focuses on three primary areas: It examines whether the 2014–2024 transition period for phasing out operating aid to airports...