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Referierte Aufsätze Web of Science
The core of the 36th round of the Energy Modeling Forum project shows that it is more likely that major fossil-fuel exporters, such as the Middle East, are highly affected because of the decrease in fossil-fuel extractions required for the worldwide fulfillment of the Paris agreement. We employ a multi-region, multi-sector computable general equilibrium model of global trade and energy to examine the ...
In:
Energy Economics
104 (2021), 105629, 19 S.
| Mohammad M. Khabbazan, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
Carbon Capture and Storage (CCS) might be a central technology to reach the decarbonisation goals of the European energy system. However, CCS deployment faces multiple economic, technological, and infrastructure challenges. Related literature tends to only focus on certain aspects of the CCS technology or to be limited to a particular sector perspective. In contrast, this paper presents a holistic ...
In:
Energy Economics
104 (2021), 105631, 18 S.
| Franziska Holz, Tim Scherwath, Pedro Crespo del Granado, Christian Skar, Luis Olmos, Quentin Ploussard, Andrés Ramos, Andrea Herbst
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Referierte Aufsätze Web of Science
This paper assesses the impact of public good provision on the spatial distribution of employment as predicted by a local labor market model that allows for commuting. Using local grammar school closures in East Germany after 2000 in a difference-in-differences estimation framework coupled with an entropy balancing strategy, we find that the school closures triggered a decline in the number of (employed) ...
In:
Regional Science & Urban Economics
88 (2021), 103672, 18 S.
| Ronny Freier, Martin Simmler, Christian Wittrock
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Referierte Aufsätze Web of Science
We develop and implement a new measure for inequality aversion: two peers are endowed with identical binary lotteries and the only choice they make is whether they want to play out the lotteries independently or with perfect positive correlation (coupling). Coupling has the core reason to prevent outcome inequality. We implement the method in a survey in rural Thailand as well as in a supplemental ...
In:
Journal of Economic Behavior & Organization
191 (2021), S. 236–256
| Melanie Koch, Lukas Menkhoff, Ulrich Schmidt
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Referierte Aufsätze Web of Science
We study the state-dependent trading behavior of financial institutions in the oil futures market, using structural vector autoregressions with Markov switching in heteroskedasticity. We consider two states of the world: tranquil and turbulent. We decompose the observable time-varying price volatility during the period 2006M6–2016M5 into changes in the slopes of traders’ demand curves and into changes ...
In:
Journal of Economic Behavior & Organization
191 (2021), S. 1011-1024
| Daniel Bierbaumer, Malte Rieth, Anton Velinov
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Referierte Aufsätze Web of Science
State-of-the-art, open access numerical modeling of imperfectly competitive energy markets offers a sound and transparent way to address topical research questions in energy and commodity markets. We use an open access equilibrium model, the Global Gas Model (GGM), and sector-specific, politically motivated scenarios to investigate the prospects for sales of liquefied natural gas (LNG) from the U.S. ...
In:
Research in International Business and Finance
58 (2021), 101460, 15 S.
| Ruud Egging-Bratseth, Franziska Holz, Victoria Czempinski
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Referierte Aufsätze Web of Science
There is substantial research interest in how future fleets of battery-electric vehicles will interact with the power sector. Various types of energy models are used for respective analyses. They depend on meaningful input parameters, in particular time series of vehicle mobility, driving electricity consumption, grid availability, or grid electricity demand. As the availability of such data is highly ...
In:
Scientific Data
8 (2021), 152, 18 S.
| Carlos Gaete-Morales, Hendrik Kramer, Wolf-Peter Schill, Alexander Zerrahn
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Referierte Aufsätze Web of Science
IntroductionEmpirical evidence on Ronald Inglehart's theory of value change shows that subsequent generations show a decline in values of physical and economic security (materialism) in favor of an increase in values of self-expression and autonomy (postmaterialism).MethodsWe investigate in a pre-registered study whether Inglehart's theory also applies to partnership, such that millennials think less ...
In:
Journal of Adolescence
90 (2021), S. 23-31
| Louisa Scheling, David Richter
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Referierte Aufsätze Web of Science
The digit ratio (2D:4D) is considered a proxy for testosterone exposure in utero, and there has been a recent surge of studies testing whether 2D:4D is associated with economic preferences. Although the results are not conclusive, previous studies have reported statistically significant correlations between 2D:4D and risk taking, altruism, positive reciprocity, negative reciprocity and trust. However, ...
In:
Journal of Economic Behavior & Organization
185 (2021), S. 390-401
| Levent Neyse, Magnus Johannesson, Anna Dreber
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Referierte Aufsätze Web of Science
We quantify the causal link between exchange rate movements and sovereign risk of 16 major emerging market economies (EMEs) by means of structural vector autoregressive models (SVARs) and conditional on data from 10/2004 through 12/2016. We apply a novel data-based identification approach of the structural shocks that allows to account for the complex interrelations within the triad of exchange rates, ...
In:
Journal of International Money and Finance
117 (2021), 102454
| Kerstin Bernoth, Helmut Herwatz