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Referierte Aufsätze Web of Science
This study analyses differences in individual-level working poverty determinants between Germany and the UK. These differences are linked to institutional patterns at the country level. Here, we observe that the two countries differ especially in bargaining centralisation, employment protection legislation and family policy. At the same time, the levels of decommodification and labour market regulation ...
In:
European Societies
17 (2015), No. 1, S. 27-46
| Marco Giesselmann
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Referierte Aufsätze Web of Science
The transformation of the European electricity system requires substantial investment in transmission capacity to facilitate cross-border trade and to efficiently integrate renewable energy sources. However, network planning in the EU is still mainly a national prerogative. In contrast to other studies aiming to identify the pan-European (continental) welfare-optimal transmission expansion, we investigate ...
In:
European Journal of Operational Research
247 (2015), 1, S. 191-203
| Daniel Huppmann, Jonas Egerer
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Referierte Aufsätze Web of Science
In northern Europe, wind energy has become a dominate renewable energy source, due to natural conditions and national support schemes. However, the uncertainty about wind generation affects existing network infrastructure and power production planning of generators, which cannot be fully diminished by wind forecasts. In this paper we develop a stochastic electricity market model to analyze the impact ...
In:
Networks and Spatial Economics
15 (2015), 1, 117-147
| Jan Abrell, Friedrich Kunz
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Referierte Aufsätze Web of Science
Natural gas plays an important role in the global energy system as an input to power generation, heating, and industry. This article identifies key drivers and uncertainties for natural gas markets in the coming decades. These include the availability of natural gas from conventional and unconventional sources, the role of international trade, and the impact of climate policies. We build on model-based ...
In:
Review of Environmental Economics and Policy
9 (2015), Iss. 1, 85-106
| Franziska Holz, Philipp M. Richter, Ruud Egging
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Referierte Aufsätze Web of Science
This article provides an overview of the natural gas industry, which we view as a bridge fuel toward a lower-carbon energy system in many countries and regions around the world. Based on a review of the literature, an econometric analysis of natural gas prices and contracts, and the authors’ experience with the natural gas industry, this introductory article to the symposium on the Prospects for Natural ...
In:
Review of Environmental Economics and Policy
9 (2015), Iss. 1, 64-84
| Anne Neumann, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
U.S. shale gas production is generally expected to continue its fast rise of the last years. However, a cautious evaluation is needed. Shale gas resources are potentially overestimated and it is uncertain to what extent they can be economically produced. The adverse environmental effects of ever more wells being drilled may lead to a fall in public acceptance and the strengthening of U.S. regulation. ...
In:
Economics of Energy and Environmental Policy
4 (2015), 1, S. 131-151
| Philipp M. Richter
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Referierte Aufsätze Web of Science
We propose a merchant-regulatory framework to promote investment in the European natural gas network infrastructure based on a price cap over two-part tariffs. As suggested by Vogelsang (J Regul Econ 20:141–165, 2001) and Hogan et al. (J Regul Econ38:113–143, 2010), a profit maximizing network operator facing this regulatory constraint will intertemporally rebalance the variable and fixed part of its ...
In:
Networks and Spatial Economics
15 (2015), 1, 149-181
| Anne Neumann, Juan Rosellón, Hannes Weigt
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Referierte Aufsätze Web of Science
This paper develops a new methodology for estimating both the automatic and discretionary components of fiscal policy in one reaction function using the differences between real-time and ex post data. Discretionary policy should respond to information available to the policy maker at the time (real-time data), whereas automatic fiscal policy should respond to the true state of the economy at the time ...
In:
Macroeconomic Dynamics
19 (2015), Iss. 1, S. 221-243
| Kerstin Bernoth, Andrew Hughes Hallet, John Lewis
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Referierte Aufsätze Web of Science
Why do entrepreneurship rates differ so markedly by gender? Using data from a large representative German household panel, we investigate to what extent personality traits, human capital, and the employment history influence the start-up decision and can explain the gender gap in entrepreneurship. Applying a decomposition analysis, we observe that the higher risk aversion among women explains a large ...
In:
CESifo Economic Studies
61 (2015), 1, S. 202-238
| Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos, Miriam Wetter
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Referierte Aufsätze Web of Science
While studies have examined motivations for businesses to exit and relocate in response to tax and regulatory policies at the state level, no previous work has considered whether U.S. state antitrust enforcement may have similar effects. The results of this article suggest that state-level antitrust (even when coordinated with the federal government) plays a fairly minor role in the exit decision of ...
In:
Journal of Competition Law & Economics
11 (2015), 1, S. 85-106
| Robert M. Feinberg, Thomas A. Husted, Florian Szücs