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Referierte Aufsätze Web of Science
We propose a price-cap mechanism for electricity-transmission expansion based on redefining transmission output in terms of financial transmission rights. Our mechanism applies the incentive-regulation logic of rebalancing a two-part tariff. First, we test this mechanism in a three-node network. We show that the mechanism intertemporally promotes an investment pattern that relieves congestion, increases ...
In:
The Energy Journal
32 (2011), 1, S. 119-148
| Juan Rosellón, Hannes Weigt
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Referierte Aufsätze Web of Science
Der vorliegende Beitrag beschäftigt sich vor dem Hintergrund spezifischer Rekrutierungsmuster im Berufsfeld Wissenschaft mit der sozialstrukturellen Zusammensetzung der Professorenschaft im Fach Soziologie. Grundlage ist eine Gesamterhebung der Professorinnen und Professoren an universitären soziologischen Fachinstituten und ausgewählten außeruniversitären wissenschaftlichen Einrichtungen. Untersuchte ...
In:
Kölner Zeitschrift für Soziologie und Sozialpsychologie
62 (2010), 4, S. 751-766
| Steffen Mau, Denis Huschka
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Referierte Aufsätze Web of Science
Psychologists and economists take contradictory approaches to research on what psychologists call happiness or subjective well-being, and economists call subjective utility. A directtest of the most widely accepted psychological theory, set-point theory, shows it to be flawed. Results are then given, using the economists' newer "choice approach" - an approach also favored by positive psychologists ...
In:
Proceedings of the National Academy of Sciences of the United States of America
107 (2010), 42, S. 17922-17926
| Bruce Headey, Ruud Muffels, Gert G. Wagner
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Referierte Aufsätze Web of Science
This article analyzes differences in naming between East and West Germany. After World War II, Germany was split by the allied forces. Two Germanies emerged: the Federal Republic of Germany (FRG) and the German Democratic Republic (GDR). The country's division lasted about forty years (1949-1989), a time span in which vastlydifferent geo-political frameworks - Eastern bloc versus Western bloc - shaped ...
In:
Names: A Journal of Onomastics
57 (2009), 4, S. 208-228
| Denis Huschka, Jürgen Gerhards, Gert G. Wagner
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Referierte Aufsätze Web of Science
This study estimates the reform effects of a reduction in statutory sick pay levels on sickness absence behavior and labor costs. German federal law reduced the legal obligation of German employers to provide 100% continued wage pay for up to six weeks per sickness episode. In 1996 statutory sick pay was decreased to 80% of foregone gross wages. Within the reform's target group - private sector employees ...
In:
Journal of Public Economics
94 (2010), 11/12, S. 1108-1122
| Nicolas R. Ziebarth, Martin Karlsson
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Referierte Aufsätze Web of Science
We provide evidence that living with an unmarried mother during childhood raises smoking propensities for young adults in Germany.
In:
Health Economics
19 (2010), 11, S. 1377-1384
| Marco Francesconi, Stephen P. Jenkins, Thomas Siedler
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Referierte Aufsätze Web of Science
We consider two different approaches to describe the formation of social networks under mutual consent and costly communication. First, we consider a network-based approach; in particular Jackson-Wolinsky's concept of pairwise stability. Next, we discuss a non-cooperative game-theoretic approach, through a refinement of the Nash equilibria of Myerson's consent game. This refinement, denoted as monadic ...
In:
Mathematical Social Sciences
60 (2010), 3, S. 181-185
| Robert P. Gilles, Sudipta Sarangi
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Referierte Aufsätze Web of Science
Life-span psychological research has long been interested in the contextual embeddedness of individual development. To examine whether and how regional variables relate to between-person disparities in the progression of late-life well-being, we applied three-level growth curve models to 24-year longitudinal data from deceased participants of the German Socio-Economic Panel Study (N = 3,427; age at ...
In:
Psychology and Aging
25 (2010), 3, S. 661-676
| Denis Gerstorf, Nilam Ram, Jan Goebel, Jürgen Schupp, Ulman Lindenberger, Gert G. Wagner
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Referierte Aufsätze Web of Science
Economic research on the determinants of gender differences in economic outcomes particularly in income and consumption is well established. Extending these investigations to other outcomes such as wealth up till now has been limited due to lack of individual-level data. Using the German Socio-Economic Panel (SOEP) we find a significant "raw" gender wealth gap of 50,000€ for married partners. Decomposition ...
In:
Oxford Economic Papers
62 (2010), 4, S. 669-690
| Eva M. Sierminska, Joachim R. Frick, Markus M. Grabka
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Referierte Aufsätze Web of Science
Travel demand models typically use mainly objective modal attributes as explanatory variables. Nevertheless, it has been well known for many years that attitudes and perceptions also influence users' behaviour. The use of hybrid discrete choice models constitutes a good alternative to incorporate the effect of subjective factors. We estimated hybrid models in a short-survey panel context for data among ...
In:
Transportation Research Part A: Policy and Practice
44 (2010), 9, S. 744-753
| M. F. Yánez, S. Raveau, J. de D. Ortúzar
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Referierte Aufsätze Web of Science
This paper examines the deployment of microgeneration in Germany and the UK from a technological innovation systems (TIS) perspective. Based on the TIS functions approach, we condense supportive and obstructive factors and discuss the differences in the respective national setting for small-scale renewable and combined heat and power (CHP) technologies. The findings underline the relevance of legitimation ...
In:
Technology Analysis & Strategic Management
22 (2010), 6, S. 745-764
| Barbara Praetorius, Mari Martiskainen, Raphael Sauter, Jim Watson
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Referierte Aufsätze Web of Science
Most empirical distributional studies of well-being in developed countries rely on distributions of disposable income. From a theoretical point of view this practice is contentious since a household's command over resources is determined not only by its spending power over commodities it can buy in the market but also on resources available to the household members through non-market mechanisms such ...
In:
Journal of Housing Economics
19 (2010), 3, S. 167-179
| Joachim R. Frick, Markus M. Grabka, Timothy M. Smeeding, Panos Tsakloglou
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Referierte Aufsätze Web of Science
Recent empirical studies have found evidence of unstable long run money demand functions if recent data are used. If the link between money balances and the macroeconomy is fragile, the rationale of monetary aggregates in the ECB strategy has to be doubted. In contrast we present a "stable" long run money demand relationship for M3 for the period 1983-2006. To obtain the result, the short run homogeneity ...
In:
Public Choice
144 (2010), 3-4, S. 459-472
| Christian Dreger, Jürgen Wolters
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Referierte Aufsätze Web of Science
We empirically demonstrate a practical approach of efficiency evaluation with limited data availability in some regulated industries. We apply PCA-DEA for radial efficiency measurement to U.S. natural gas transmission companies in 2007. PCA-DEA reduces dimensions of the optimization problem while maintaining most of the variation in the original data. Our results suggest that the methodology reduces ...
In:
Review of Network Economics
9 (2010), 2, Article 4
| Maria Nieswand, Astrid Cullmann, Anne Neumann
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Referierte Aufsätze Web of Science
We apply a merchant transmission model to the trilateral market coupling (TLC) arrangement among the Netherlands, Belgium and France as an example, and note that it could further be applied to other market splitting or coupling of Europe's different national power markets. In this merchant framework the system operator allocates financial transmission rights (FTRs) to investors in transmission expansion ...
In:
Energy
35 (2010), 10, S. 4107-4115
| Tarjei Kristiansen, Juan Rosellón
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Referierte Aufsätze Web of Science
This paper presents an application of a mechanism that provides incentives to promote transmission network expansion in the area of the US electric system known as PJM. The applied mechanism combines the merchant and regulatory approaches to attract investment into transmission grids. It is based on rebalancing a two-part tariff in the framework of a wholesale electricity market with locational pricing. ...
In:
Utilities Policy
19 (2011), 1, S. 3-13
| Juan Rosellón, Zdenka Mysliková, Eric Zenón
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Referierte Aufsätze Web of Science
Global liquidity expansion has been very dynamic since 2001. Contrary to conventional wisdom, high money growth rates have not coincided with a concurrent rise in goods prices. At the same time, however, asset prices have increased sharply, significantly outpacing the subdued development in consumer prices. We investigate the interactions between money and goods and asset prices at the global level. ...
In:
Journal of Banking & Finance
34 (2010), 8, S. 1933-1945
| Ansgar Belke, Walter Orth, Ralph Setzer
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Referierte Aufsätze Web of Science
Electricity transmission pricing and transmission grid expansion have received increasing attention in recent years. There are two disparate approaches to transmission investment: one employs the theory based on long-run financial rights (LTFTR) to transmission (merchant approach), while the other is based on the incentive-regulation hypothesis (regulatory approach). In this paper we consider the elements ...
In:
Journal of Regulatory Economics
38 (2010), 2, S. 113-143
| William Hogan, Juan Rosellón, Ingo Vogelsang
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Referierte Aufsätze Web of Science
In 1997, the Comision Reguladora de Energia of Mexico implemented a netback rule for linking the Mexican natural gas price to the Texas price. At that time, the Texas price reflected a reasonably competitive market. There have been dramatic increases in the demand for gas, and there are various bottlenecks in the supply of gas. As a result, the price of gas in Texas now reflects the quasi-rents created ...
In:
The Southern Economic Journal
76 (2010), 4, S. 1131-1136
| Dagobert L. Brito, Juan Rosellón
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Referierte Aufsätze Web of Science
We address investment in regulated natural gas pipelines when investment is lumpy and the demand for gas is stochastic. This is a problem that can be solved in theory as a dynamic program, but a practical solution depends on functions and parameters that are either subjective or cannot be estimated. We then reformulate the problem from the standpoint of consumers that face incomplete markets. It is ...
In:
Networks and Spatial Economics
11 (2011), 3, S. 533-553
| Dagobert L. Brito, Juan Rosellón