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The Mayor's Advantage: Causal Evidence on Incumbency Effects in German Mayoral Elections

Integrating Intermittent Renewable Wind Generation: A Stochastic Multi-Market Electricity Model for the European Electricity Market

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 ...

A Global Perspective on the Future of Natural Gas: Resources, Trade, and Climate Constraints

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 ...

Natural Gas: An Overview of a Lower-Carbon Transformation Fuel

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 ...

Lifetime Earnings Inequality in Germany

We employ German social security records to investigate intragenerational lifetime earnings inequality and mobility of yearly earnings for 35 cohorts, starting with the birth year 1935. Our main result is a striking secular rise of intragenerational inequality in lifetime earnings: West German men born in the early 1960s are likely to experience about 85% more lifetime inequality than their fathers. ...

Differences in the Patterns of In-Work Poverty in Germany and the UK

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 ...

Sectors under Scrutiny: Evaluation of Indicators to Assess the Risk of Carbon Leakage in the UK and Germany

One of the central debates surrounding the design of the European Union Emissions Trading Scheme is the approach to address carbon leakage concerns. Correctly identifying the economic activities exposed to the risk of carbon leakage represents the first step in mitigating the risk effectively. This paper assesses the robustness of the quantitative assessment criteria used by the European Commission ...

The Cyclicality of Automatic and Discretionary Fiscal Policy: What Can Real-Time Data Tell Us?

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 ...

Does State Antitrust Enforcement Drive Establishment Exit?

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 ...

Turning back to Turkey - or Turning the Back on Germany? Remigration Intentions and Behavior of Turkish Immigrants in Germany between 1984 and 2011

Der Beitrag der Frage nach, wie sich die Remigrationsabsichten und das Remigrationsverhalten türkischstämmigerEinwanderer in Deutschland im Zeitverlauf verändert haben, und wertet dazu alle Erhebungswellen dessozio-çkonomischen Panels (SOEP) ereignisdatenanalytisch aus. Die Befunde zeigen, dass Remigrationsabsichten und-raten türkischstämmiger Einwanderer seit der Jahrtausendwende angestiegen sind, ...