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Referierte Aufsätze Web of Science
This paper shows that politicians’ pressure to climb the career ladder increases bank risk exposure in their region. Chinese local politicians are set growth targets in their region that are relative to each other. Growth is stimulated by debt-financed programs which are mainly financed via bank loans. The stronger the performance pressure the riskier the respective local bank exposure becomes. This ...
In:
Journal of Banking & Finance
99 (2019), S. 63-94
| Li Wang, Lukas Menkhoff, Michael Schröder, Xian Xu
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Referierte Aufsätze Web of Science
Based on a 12 years panel data set for franchised regional rail services, this paper studies the impact of including service quality into an analysis of efficiency differences between the German public transport authorities (PTAs) in using their available public funds. The analysis employs a two-stage efficiency analysis with a Data Envelopment Analysis (DEA) in the first stage and a Tobit panel model ...
In:
Transportation Research Part A: Policy and Practice
119 (2019), S. 284-300
| Heike Link
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Referierte Aufsätze Web of Science
We analyze competition between Internet Service Providers (ISPs) where consumers demand heterogeneous content within two Quality-of-Service (QoS) regimes, Net Neutrality and Paid Prioritization, and show that paid prioritization increases the static efficiency compared to a neutral network. We also consider paid prioritization intermediated by Content Delivery Networks (CDNs). While the use of CDNs ...
In:
Information Economics and Policy
46 (2019), S. 55-67
| Pio Baake, Slobodan Sudaric
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Referierte Aufsätze Web of Science
In recent years policy-makers are incentivizing later retirement entry by enabling flexible transitions into retirement through partial retirement. However, empirical evidence shows that the labor supply and related fiscal effects of more flexibility in the pension system, through partial retirement, are ambiguous and strongly depend on the design of partial retirement regimes. Two margins are in particular ...
In:
The Journal of the Economics of Ageing
14 (2019), 100187, 15 S.
| Peter Haan, Songül Tolan
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Referierte Aufsätze Web of Science
Minimum prices above the competitive level can lead to allocative inefficiencies. We investigate whether this effect is more pronounced when decision makers are influenced by their social environment. Using data of minimum prices for renewable energy production in Germany, we test if individual decisions to install photovoltaic systems are affected by the investment decisions of others in the area. ...
In:
Energy Economics
78 (2019), S. 350-364
| Justus Inhoffen, Christoph Siemroth, Philipp Zahn
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Referierte Aufsätze Web of Science
During the last two decades, it has been well established that a short-term exposure to ozone (O3) elicits an oxidative stress response in human and mouse skin, which leads to aberrant transcriptional expression of genes consistent with increased skin aging. Whether a long-term exposure to ambient O3 is associated with any skin aging traits, has remained unclear. We addressed this question in two elderly ...
In:
Environment International
124 (2019), S. 139-144
| Kateryna B. Fuks, Anke Hüls, Dorothea Sugiri, Hicran Altug, Andrea Vierkötter, Michael J. Abramson, Jan Goebel, Gert G. Wagner, Ilja Demuth, Jean Krutmann, Tamara Schikowskia
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Referierte Aufsätze Web of Science
This study documents empirically that contractionary US monetary policy may generate short-term expansionary spillover effects. In individual Euro Area (EA) member countries, economic activity increases, mainly via the trade channel. Also, domestic credit and stock markets expand, highlighting the importance of the financial channel. However, the international repercussions are transitory and distributed ...
In:
Journal of Banking & Finance
100 (2019), S. 77-96
| Max Hanisch
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Referierte Aufsätze Web of Science
Case and Deaton, 2015 document that, since 1998, midlife mortality rates are increasing for white non-Hispanics in the US. This trend is driven by deaths from drug overdoses, suicides, and alcohol-related diseases, termed as deaths of despair, and by the subgroup of low-educated individuals. In contrast, average mortality for middle-aged men and women continued to decrease in several other high-income ...
In:
The Journal of the Economics of Ageing
14 (2019), 100182, 9 S.
| Peter Haan, Anna Hammerschmid, Julia Schmieder
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Referierte Aufsätze Web of Science
Carbon leakage is of interest in both academic and policy debates about the effectiveness of unilateral climate policy, especially in Europe, where the EU Emissions Trading System (EU ETS) affects many traded sectors. We review how the literature identifies leakage and the pollution haven effect. We then evaluate whether EU ETS emission costs caused carbon leakage in European manufacturing, using trade ...
In:
Journal of Environmental Economics and Management
93 (2019), S. 125-147
| Helene Naegele, Aleksandar Zaklan
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Referierte Aufsätze Web of Science
The quality of electricity system modelling heavily depends on the input data used. Although a lot of data is publicly available, it is often dispersed, tedious to process and partly contains errors. We argue that a central provision of input data for modelling has the character of a public good: it reduces overall societal costs for quantitative energy research as redundant work is avoided, and it ...
In:
Applied Energy
236 (2019), S. 401-409
| Frauke Wiese, Ingmar Schlecht, Wolf-Dieter Bunke, Clemens Gerbaulet, Lion Hirth, Martin Jahn, Friedrich Kunz, Casimir Lorenz, Jonathan Mühlenpfordt, Juliane Reimann, Wolf-Peter Schill