How do life events affect life satisfaction? Previous studies focused on a single event or separate analyses of several events. However, life events are often grouped non-randomly over the lifespan, occur in close succession, and are causally linked, raising the question of how to best analyze them jointly. Here, we used representative German data (SOEP; N = 40,121individuals; n = 41,402 event occurrences) ...
The European Union’s Circular Economy Action Plan (2020) introduced initiatives to establish a coherent product policy framework focusing on the entire life cycle of products. This Action Plan targets regulations on product design to promote circular economy processes and reduce of waste creation. Together with the subsequent Sustainable Product Regulation and further revisions of regulations on...
Dennis Gaus, who works at the Energy, Transportation, Environment department, has successfully defended his dissertation at Technische Universität Dresden. The dissertation with the title "Highway Infrastructure and its Maintenance: Economic Effects on Regions and Firms in Germany" was supervised by Prof. Dr. Georg Hirte and Prof. Dr. Christian Leßmann. We congratulate Dennis on his success ...
The German economy will likely contract in the first quarter of 2024 due to still heightened inflation and weak demand, which was already weighing on German economic output in 2023. Inflation, which is falling in both Germany and the euro area overall, is expected to return close to the European Central Bank's two-percent target, suggesting that a turnaround in interest rates can be expected in early ...
As variable renewable energy sources increasingly gain importance in global energy systems, there is a growing interest in understanding periods of variable renewable energy shortage (``Dunkelflauten''). Defining, quantifying, and comparing such shortage events across different renewable generation technologies and locations presents a surprisingly intricate challenge. Various approaches exist in different ...
Rent control is a highly debated social policy that has been omnipresent since World War I. Since the 2010s, it is experiencing a true renaissance, for many cities and countries facing chronic housing shortages are desperately looking for solutions, directing their attention to controling housing rents and other restrictive policies. Is rent control useful or does it create more damage than utility? ...
