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A HANK2 Model of Monetary Unions

How does a monetary union alter the impact of business cycle shocks at the household level? We develop a Heterogeneous Agent New Keynesian model of two countries (HANK) and show in closed form that a monetary union shifts the adjustment to a shock horizontally across countries, within the brackets of the union-wide wealth distribution, rather than vertically, that is, across the brackets of the union-wide ...

Questioning Nuclear Scale-up Propositions: Availability and Economic Prospects of Light Water, Small Modular and Advanced Reactor Technologies

This paper addresses the pressing need for rapid decarbonization of energy systems by examining the role of nuclear power in future energy scenarios collected in the IPCC database. Despite their explorative character, energy scenarios can influence decision-makers or might be used to promote certain technology developments. They are increasingly subject to the integration into real-world settings and ...

Avoid, Shift or Improve Passenger Transport? Impacts on the Energy System

Is Interest Rate Hiking a Recipe for Missing Several Goals of Monetary Policy—Beating Inflation, Preserving Financial Stability, and Keeping up Output Growth?

levelsof all goods in the US and Europe rose surprisingly quickly and persistently. TheFED began in March 2022 and the ECB in July 2022 with historically unique interestrate increases to combat the wage-price spiral that had not yet begun. In this article weshow that energy, commodities and food were the main drivers of inflation. For this reason,central banks’ goal of weakening demand for labor through ...

Airbnb and Rental Markets: Evidence from Berlin

Infection Rates Matter – Especially for People from Lower Social Class: A Large-Scale Investigation of the Impact of the COVID-19 Pandemic on Mental Health

The COVID-19 pandemic was a long-lasting and stressful event that had enormous psychological, economic, and social consequences. This study extends prior research by examining the relationship between infection rates and mental health as well as its dependency on social class. Therefore, we used large-scale data from a nationwide sample (N = 5,742) across two time periods in the COVID-19 pandemic in ...

Gravity Models for Potential Spatial Healthcare Access Measurement: a Systematic Methodological Review

Background Quantifying spatial access to care—the interplay of accessibility and availability—is vital for healthcare planning and understanding implications of services (mal-)distribution. A plethora of methods aims to measure potential spatial access to healthcare services. The current study conducts a systematic review to identify and assess gravity model-type methods for spatial healthcare access ...

Competition and Moral Behavior: A Meta-Analysis of Forty-Five Crowd-Sourced Experimental Designs

Does competition affect moral behavior? This fundamental question has been debated among leading scholars for centuries, and more recently, it has been tested in experimental studies yielding a body of rather inconclusive empirical evidence. A potential source of ambivalent empirical results on the same hypothesis is design heterogeneity—variation in true effect sizes across various reasonable experimental ...

Bidirectional Coupling of the Long-term Integrated Assessment Model REgional Model of INvestments and Development (REMIND) v3.0.0 with the Hourly Power Sector Model Dispatch and Investment Evaluation Tool with Endogenous Renewables (DIETER) v1.0.2

Integrated assessment models (IAMs) are a central tool for the quantitative analysis of climate change mitigation strategies. However, due to their global, cross-sectoral and centennial scope, IAMs cannot explicitly represent the temporal and spatial details required to properly analyze the key role of variable renewable energy (VRE) in decarbonizing the power sector and enabling emission reductions ...

Cohort Profile: Genetic Data in the German Socio-Economic Panel Innovation Sample (SOEP-G)

The German Socio-Economic Panel (SOEP) serves a global research community by providing representative annual longitudinal data of respondents living in private households in Germany. The dataset offers a valuable life course panorama, encompassing living conditions, socioeconomic status, familial connections, personality traits, values, preferences, health, and well-being. To amplify research opportunities ...