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Referierte Aufsätze Web of Science
We study the rapidly growing literature on the causal effects of financial education programs in a meta-analysis of 76 randomized experiments with a total sample size of over 160,000 individuals. Many of these experiments are published in top economics and finance journals. The evidence shows that financial education programs have, on average, positive causal treatment effects on financial knowledge ...
In:
Journal of Financial Economics
145 (2022), S. 255–272
| Tim Kaiser, Annamaria Lusardi, Lukas Menkhoff, Carly Urband
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Referierte Aufsätze Web of Science
Comprehensive numerical models are pivotal to analyze the decarbonization of electricity systems. However, increasing system complexity and limited computational resources impose restrictions to model-based analyses. One way to reduce computational burden is to use a minimum, yet representative, set of system states for model simulation. These states characterize fluctuating renewable generation and ...
In:
Energy
247 (2022), 123458, 15 S.
| Martin Kittel, Hannes Hobbie, Constantin Dierstein
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Referierte Aufsätze Web of Science
This paper presents the results of a multi-model comparison to determine outcome deviations resulting from differences in power system models. We apply eight temporally and spatially resolved models to 16 stylized test cases. These test cases differ in their renewable energy supply share, technology scope, and optimization scope. We focus on technologies for balancing the variability of power generation, ...
In:
Renewable and Sustainable Energy Reviews
159 (2022), 112177, 14 S.
| Hans Christian Gils, Hedda Gardian, Martin Kittel, Wolf-Peter Schill, Alexander Murmann, Jann Launer, Felix Gaumnitz, Jonas van Ouwerkerk, Jennifer Mikurda, Laura Torralba-Díaz
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Referierte Aufsätze Web of Science
The transition towards decarbonized energy systems requires the expansion of renewable and flexibility technologies in power sectors. Many powerful tools exist to find optimal capacity expansion. In a stylized comparison of six models, we evaluate the capacity expansion results of basic power sector technologies. The technologies under investigation include base- and peak load power plants, electricity ...
In:
Renewable and Sustainable Energy Reviews
157 (2022), 112004, 12 S.
| Jonas van Ouwerkerk, Hans Christian Gils, Hedda Gardian, Martin Kittel, Wolf-Peter Schill, Alexander Zerrahn, Alexander Murmann, Jann Launer, Laura Torralba-Díaz, Christian Bußar
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Referierte Aufsätze Web of Science
Model-based scenario analyses of future energy systems often come to deviating results and conclusions when different models are used. This may be caused by heterogeneous input data and by inherent differences in model formulations. The representation of technologies for the conversion, storage, use, and transport of energy is usually stylized in comprehensive system models in order to limit the size ...
In:
Renewable and Sustainable Energy Reviews
158 (2022), 111995, 15 S.
| Hans Christian Gils, Hedda Gardian, Martin Kittel, Wolf-Peter Schill, Alexander Zerrahn, Alexander Murmann, Jann Launer, Alexander Fehler, Felix Gaumnitz, Jonas van Ouwerkerk, Christian Bußar, Jennifer Mikurda, Laura Torralba-Díaz, Tomke Janßen, Christine Krüger
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Referierte Aufsätze Web of Science
Following World War I, rent control became a standard policy response to the housing shortage and the resulting rent increases. Typically, economists blame it for creating inefficiencies in the housing market and beyond. We investigate whether rental market regulations (including rent control, protection of tenants from eviction, and housing rationing) had any effects in a middle-income Latin American ...
In:
Journal of Housing and the Built Environment
37 (2022), S. 1923–1970
| Alejandro D. Jacobo, Konstantin A. Kholodilin
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Referierte Aufsätze Web of Science
We investigate whether individuals self-select feedback that allows them to maintain their motivated beliefs. In our lab experiment, subjects can choose the information structure that gives them feedback regarding their rank in the IQ distribution (ego-relevant treatment) or regarding a random number (control). Although beliefs are incentivized, individuals are less likely to select the most informative ...
In:
European Economic Review
142 (2022), 104007, 20 S.
| Alessandro Castagnetti, Renke Schmacker
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Referierte Aufsätze Web of Science
Different local projection (LP) estimators for structural impulse responses of proxy vector autoregressions are reviewed and compared algebraically and with respect to their small sample suitability for inference. Conditions for numerical equivalence and similarities of some estimators are provided. Two generalized least squares (GLS) projection estimators are found to be more accurate than the other ...
In:
Journal of Economic Dynamics & Control
134 (2022), 104277, 17 S.
| Martin Bruns, Helmut Lütkepohl
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Referierte Aufsätze Web of Science
In this paper we estimate the effect of unemployment on informal care provision. For the identification we use plant closures as a source of exogenous variation and combine difference-in-differences with matching based on entropy balancing. The analysis is based on data from the German Socio-Economic Panel (SOEP). We find that there is a time conflict between employment and informal care provision. ...
In:
The Journal of the Economics of Ageing
23 (2022), 100395, 14 S.
| Björn Fischer, Peter Haan, Santiago Salazar Sanchez
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Referierte Aufsätze Web of Science
In sequential interactions, both the agent’s intention and the outcome of his choice may influence the principal’s action. While outcomes are typically observable, intentions are more likely to be hidden, leaving potential wiggle room for the principal when deciding on a reciprocating action. We employ a controlled experiment to investigate how intentions and outcome affect the principal’s actions ...
In:
Journal of Behavioral and Experimental Economics
100 (2022), 101913, 21 S.
| Jana Friedrichsen, Katharina Momsen, Stefano Piasenti