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Referierte Aufsätze Web of Science
Combined heat and power (CHP) can achieve fuel efficiencies of up to 90% and is thus considered as economically advantageous and ecologically sound compared to uncoupled power and heat generation. This advantage is exploited only if CHP plants are operated as much as possible at their optimal operation point. Increasing penetration by variable renewable energy sources and more flexible technologies ...
In:
Applied Energy
267 (2020), 114727, 17 S.
| Andreas Bloess
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Referierte Aufsätze Web of Science
In this study, Bayesian inference is developed for structural vector autoregressive models in which the structural parameters are identified via Markov-switching heteroskedasticity. In such a model, restrictions that are just-identifying in the homoskedastic case, become over-identifying and can be tested. A set of parametric restrictions is derived under which the structural matrix is globally or ...
In:
Journal of Economic Dynamics & Control
113 (2020), 103862
| Helmut Lütkepohl, Tomasz Wozniak
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Referierte Aufsätze Web of Science
Methods for constructing joint confidence bands for impulse response functions which are commonly used in vector autoregressive analysis are reviewed. While considering separate intervals for each horizon individually still seems to be the most common approach, a substantial number of methods have been proposed for making joint inferences about the complete impulse response paths up to a given horizon. ...
In:
Econometrics and Statistics
13 (2020), S. 69-83
| Helmut Lütkepohl, Anna Staszewska-Bystrova, Peter Winker
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Referierte Aufsätze Web of Science
Using electricity for heating can contribute to decarbonization and provide flexibility to integrate variable re-newable energy. We analyze the case of electric storage heaters in German 2030 scenarios with an open-sourceelectricity sector model. We find that flexible electric heaters generally increase the use of generation tech-nologies with low variable costs, which are not necessarily renewables. ...
In:
Applied Energy
266 (2020), 114571, 18 S.
| Wolf-PeterSchill, AlexanderZerrahn
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Referierte Aufsätze Web of Science
Climate-related asset stranding refers to the depreciation of assets – such as resource reserves, infrastructure, or industries – resulting from the unanticipated changes, such as the tightening of climate policies. Although developing countries – especially fossil-fuel exporters – may be most concerned by this issue, its analysis in development (economics) has so far been limited.We aim at enhancing ...
In:
World Development
130 (2020), 104947, 17 S.
| Dawud Ansari, Franziska Holz
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Referierte Aufsätze Web of Science
This paper focuses on the identification of the causal relationship between central banks' supervisory guidance and individual bank stability. We propose and test the hypothesis that this causal relationship is mediated by the degree to which banks comply with their central bank's corporate governance recommendations. Specifically, we exploit the fact that there is considerable cross-country heterogeneity ...
In:
Emerging Markets Review
43 (2020), 100694, 19 S.
| Samuel Mutarindwa, Dorothea Schäfer, Andreas Stephan
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Referierte Aufsätze Web of Science
This article analyzes the spatio-temporal effect of the 2013 floods on freight traffic in Germany by using automatic traffic counter data. The methodology uses a proven time-series outlier detection and identification technique to endogenously determine if a counter was affected during the flood and estimate the magnitude and duration of the change in the number of vehicles passing through it. This ...
In:
Transportation Research Part D: Transport and Environment
82 (2020), 102274, 22 S.
| Julio G. Fournier Gabela, Luis Sarmiento
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Referierte Aufsätze Web of Science
While several studies suggest that stress-related mental health problems among school children are related to specific elements of schooling, empirical evidence on this causal relationship is scarce. We examine a German schooling reform that increased weekly instruction time and study its effects on stress-related outpatient diagnoses from the universe of health claims data of the German Social Health ...
In:
Journal of Health Economics
70 (2020), 102256, 13 S.
| Jan Marcus, Simon Reif, Amelie Wuppermann, Amélie Rouche
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Referierte Aufsätze Web of Science
A regime shift toward increased inflation expectations is credited with jump-starting the recov- ery from the Great Depression in the United States. What role did inflation expectations play in Germany that experienced a similarly successful economic upturn in the 1930s? We study infla- tion expectations in the German recovery across several methods: we conduct a narrative study of media sources; we estimate ...
In:
Explorations in Economic History
75 (2020), 101305, 18 S.
| Volker Daniel, Lucas ter Steege
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Referierte Aufsätze Web of Science
This study uses German social security records to provide novel evidence on cohort trends of the heterogeneity in life expectancy by lifetime earnings and, additionally, documents the distributional implications of this earnings-related heterogeneity. We find a strong association between lifetime earnings and life expectancy at age 65 and show that the longevity gap is increasing across cohorts. For ...
In:
The Journal of the Economics of Ageing
17 (2020), 100199, 24 S.
| Peter Haan, Daniel Kemptner, Holger Lüthen