-
Referierte Aufsätze Web of Science
Social scientists increasingly link survey data with administrative records. However, data protection legislation often requires respondents’ informed consent prior to record linkage. This has confronted research with nontrivial refusal rates in combination with selectivity of the consent decision. In longitudinal surveys, linkage requests may also increase attrition rates in subsequent waves, as many ...
In:
The Public Opinion Quarterly
81 (2017), 1, S. 131-143
| Philipp Eisnecker, Martin Kroh
-
Referierte Aufsätze Web of Science
(G)ARCH-type models are frequently used for the dynamic modelling and forecasting of risk attached to speculative asset returns. While the symmetric and conditionally Gaussian GARCH model has been generalized in a manifold of directions, model innovations are mostly presumed to stem from an underlying IID distribution. For a cross section of 18 stock market indices, we notice that (threshold) (T)GARCH-implied ...
In:
Quantitative Finance
17 (2017), 1, S. 121-137
| Benjamin Beckers, Helmut Herwartz, Moritz Seidel
-
Referierte Aufsätze Web of Science
The European Commission is currently overhauling the most important instrument for the regulation of cross-border flows of personal data, the Data Protection Directive of 1995 (Directive 95/46/EC). Among the most tedious legal issues is the use of personal data for secondary purposes. Such use occurs if data collected for one purpose (such as credit granting) are later used for another purpose (e.g. ...
In:
European Journal of Law and Economics
44 (2017), 1, S. 165-192
| Nicola Jentzsch
-
Referierte Aufsätze Web of Science
The change from a subsidized zonal pricing system to a full nodal pricing regime in the new Mexican electricity market could improve the efficiency of electricity system operation. However, resulting price modifications might also swing surplus across producers and consumers. In this paper, we calculate nodal prices for the Mexican power system and further analyze how allocations of financial transmission ...
In:
The Energy Journal
38 (2017), SI1, S. 157-172
| Friedrich Kunz, Juan Rosellón, Claudia Kemfert
-
Referierte Aufsätze Web of Science
This paper proposes a rating methodology that is based on a non-linear classification method, a support vector machine, and a non-parametric isotonic regression for mapping rating scores into probabilities of default. We also propose a four data set model validation and training procedure that is more appropriate for credit rating data commonly characterised with cyclicality and panel features. Tests ...
In:
Statistics & Risk Modeling
34 (2017), 1-2, S. 55-67
| Rouslan A. Moro, Wolfgang K. Härdle, Dorothea Schäfer
-
Referierte Aufsätze Web of Science
This paper proposes a measurement framework that explicitly accounts for the role of natural capital in productivity measurement. It is applied to aggregate economy data from the OECD Productivity Database, with natural capital data from the World Bank. It is shown that the direction of the adjustment to productivity growth depends on the rate of change of natural capital extraction relative to the ...
In:
The Review of Income and Wealth
63 (2017), S.1, S. 7-21
| Nicola Brandt, Paul Schreyer, Vera Zipperer
-
Referierte Aufsätze Web of Science
The Italian white certificate scheme is the main national policy instrument to incentivise energy efficiency of the industrial sector, with savings from white certificates amounting to 2% of Italy's 2012 primary energy consumption. The mechanism sets binding energy-saving targets on electricity and gas distributors with at least 50,000 clients and includes a voluntary opt-in model for participation ...
In:
Energy Policy
104 (2017) 112-123
| Jan Stede
-
Referierte Aufsätze Web of Science
When designing stated-choice experiments modellers may consider offering respondents an “indifference” alternative to avoid stochastic choices when utility differences between alternatives are perceived as too small. By doing this, the modeller avoids adding white noise to the data and may gain additional information. This paper proposes a framework to model discrete choices in the presence of indifference ...
In:
Journal of Choice Modelling
22 (2017), S. 13-23
| Francisco J. Bahamonde Birke, Isidora Navarro, Juan de Dios Ortúzar
-
Referierte Aufsätze Web of Science
We present an approach to simulate climate and energy policy for the EU, using a flexible and modular agent-based modelling approach and a toolbox, called the Energy Modelling Laboratory (EMLab). The paper shortly reviews core challenges and approaches for modelling climate and energy policy in light of the energy transition. Afterwards, we present an agent-based model of investment in power generation ...
In:
Environmental Modelling & Software
96 (2017), S. 421-431
| Emile J. L. Chappin, Laurens J. de Vries, Jörn Richstein, Pradyumna Bhagwat, Kaveri Iychettira, Salman Khan
-
Referierte Aufsätze Web of Science
This paper investigates two mechanisms through which education may affect cognitive skills in adolescence, exploiting a school reform carried out at the state level in Germany as a quasi-natural experiment to identify causal effects: between 2001 and 2007, years at academic-track high school were reduced by one, leaving the overall curriculum unchanged. First, I exploit the variation over time and ...
In:
Labour Economics
47 (2017), S. 216-231
| Sarah Dahmann