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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
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Referierte Aufsätze Web of Science
This paper analyses whether exporting firms are less CO2 emission-intensive than non-exporting competitors. It exploits a novel and unique dataset for Germany, a major exporting country. Due to the direct link between CO2 emissions and fuels consumed, we argue that it is necessary to employ a production function framework to consistently analyse CO2 emission intensity. We show that such an approach ...
In:
European Economic Review
98 (2017), S. 373-391
| Philipp M. Richter, Alexander Schiersch
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Referierte Aufsätze Web of Science
We analyze the pass-through of cost changes to retail tariffs in the German electricity market over the 2007–2014 period. We find an average pass-through rate of around 60%. This significantly varies with demand factors: while the pass-through rate to baseline tariffs, where firms have greater market power because customers are less willing to switch, is only 50%, it increases to 70% in the competitive ...
In:
European Economic Review
98 (2017), S. 354-372
| Tomaso Duso, Florian Szücs
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Referierte Aufsätze Web of Science
We revisit Ball and Romer’s (1990) canonical model of price setting with menu costs that exhibits multiple equilibria. We show that changes to firms’ markups move nominal and real rigidities in opposite directions. Using game-theoretic tools to derive a unique equilibrium, we find that accounting for agents’ endogenous adjustment of price expectations further weakens the link between real and nominal ...
In:
Economics Letters
156 (2017), S. 129-132
| Philipp König, Alexander Meyer-Gohde
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Referierte Aufsätze Web of Science
This paper provides a literature review on wind power and externalities from multiple perspectives. Specifically, the economic rationale behind world-wide wind power deployment is to mitigate negative externalities of conventional electricity technologies, notably emissions from fossil fuels. However, wind power entails externalities itself. Wind turbines can lower quality of human life through noise ...
In:
Ecological Economics
141 (2017), S. 245-260
| Alexander Zerrahn
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Referierte Aufsätze Web of Science
The purpose of this article is twofold. First, we review model-based analyses that explore the role of power storage in energy systems with high shares of variable renewables. Second, we introduce a new model that is specifically designed for exploring long-term storage requirements. The literature survey focuses on recent contributions in the peer-reviewed energy economics and engineering literature. ...
In:
Renewable and Sustainable Energy Reviews
79 (2017),S. 1518-1534
| Alexander Zerrahn, Wolf-Peter Schill
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Referierte Aufsätze Web of Science
The study investigates whether sickness absence is stratified by job level - understood as the authority and autonomy a worker holds – beyond the association with education, income, and occupation. A second objective is to establish the moderating role of gender and occupational gender composition on this stratification of sickness absence. Four competing hypotheses are developed that predict different ...
In:
Social Science & Medicine
186 (2017), S. 1-9
| Hannes Kröger
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Referierte Aufsätze Web of Science
Crowding on public transport (PT) is a major issue for commuters around the world. Nevertheless, economists have rarely investigated the causes of crowding discomfort. Furthermore, most evidence on the costs of PT crowding is based on trade-offs between crowding, travel time and money. First, this paper assesses discomfort with PT crowding at various density levels across heterogeneous individuals ...
In:
Transportation Research Part A: Policy and Practice
100 (2017), S. 215-227
| Luke Haywood, Martin Koning, Guillaume Monchambert
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Referierte Aufsätze Web of Science
In this paper we exploit a cohort-specific pension reform to estimate the labour market effects of changes in the financial incentives to retire. In particular, we analyse the effects of the introduction of cohort-specific deductions for early retirement on female retirement, employment and unemployment. For the empirical analysis we use high-quality administrative data from the German pension insurance. ...
In:
Labour Economics
47 (2017), S. 216-231
| Barbara Engels, Johannes Geyer, Peter Haan
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Referierte Aufsätze Web of Science
Well-being (life satisfaction or happiness) is a latent variable that is impossible to observe directly. Moreover, it does not have a unit of measurement. Hence, survey questionnaires usually ask people to rate their well-being in different domains. The common practice of comparing well-being by means of averages or linear regressions ignores the fact that well-being is an ordinal variable. Since data ...
In:
European Economic Review
92 (2017), S. 337-358
| Carsten Schröder, Shlomo Yitzhaki