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The Impact of Migration on Wages in Costa Rica

In recent years, Costa Rica has experienced greater international migration from neighboring countries due to political, economic, and social reasons, raising discussions on the impact of migration on wages of native Costa Rican workers. This article is the first that disentangles the impact of migration on wages for native Costa Ricans from the impact for settled immigrants by analyzing the effect ...

Contracting Matters: Hedging Producers and Consumers with a Renewable Energy Pool

Renewable energy installations are rapidly gaining market share due to falling technology costs and supportive policies. Meanwhile, the energy price crisis resulting from the Russian-Ukrainian war has shifted the energy policy debate toward the question of how consumers can benefit more from the low and stable generation costs of renewable electricity. Here we suggest a Renewable Pool (“RE-Pool”) under ...

Call for Papers: Employer, Employee, and Linked Datasets (LEE) ‒ Availability, Quality, Perspectives

Our project partner for the SOEP-LEE2 project, Wenzel Matiaske from HSU, is organizing a seminar at the Inter-University Centre (IUC) Dubrovnik from October 2-6, 2023. The aim of the seminar is to bring scientist together, who are working with LEE data (Linked Employer Employee data) and to prepare a Special Issue in the journal "management revue - Socio-Economic Studies". Interested scientists are ...

The Influence of Start-Up Motivation on Entrepreneurial Performance

Predicting entrepreneurial development based on individual and business-related characteristics is a key objective of entrepreneurship research. In this context, we investigate whether the motives of becoming an entrepreneur influence the subsequent entrepreneurial development. In our analysis, we examine a broad range of business outcomes including survival and income, as well as job creation, and ...

Call for Papers: Employer, Employee, and Linked Datasets (LEE)

Our project partner for the SOEP-LEE2 project, Wenzel Matiaske from HSU, is organizing a seminar at the Inter-University Centre (IUC) Dubrovnik from October 2-6, 2023. The aim of the seminar is to bring scientist together, who are working with LEE data (Linked Employer Employee data) and to prepare a Special Issue in the journal "management revue - Socio-Economic Studies". Interested scientists are ...

Accelerate thermal modernization of buildings with minimum standards for buildings and binding retrofitting targets

The energy and climate crisis enhance the need for energy savings. In the building sector, these savings can be achieved primarily through thermal retrofitting. So far, progress in this area has been slow. To date, less than one percent of the residential building stock in Germany is retrofitted each year. The existing support programs alone offer too little reliability for the necessary...

Accelerate Thermal Modernization of Buildings with Minimum Standards for Buildings and Binding Retrofitting Targets

The energy and climate crisis enhance the need for energy savings. In the building sector, these savings can be achieved primarily through thermal retrofitting. So far, progress in this area has been slow. To date, less than one percent of the residential building stock in Germany is retrofitted each year. The existing support programs alone offer too little reliability for the necessary investments ...

The Role of Carbon Pricing in Promoting Material Recycling: A Model of Multi-Market Interactions

Recycling of raw material can make a significant contribution to achieving climate neutrality by 2050. Carbon pricing can encourage material recycling by making it more competitive with waste incineration and primary material production. However, accounting for the interactions among different markets in a theoretical model, this paper finds that carbon pricing on material manufacturing alone does ...

Monetary Policy, External Instruments, and Heteroskedasticity

We develop a structural vector autoregressive framework that combines external instruments and heteroskedasticity for identification of monetary policy shocks. We show that exploiting both types of information sharpens structural inference, allows testing the relevance and exogeneity condition for instruments separately using likelihood ratio tests, and facilitates the economic interpretation of the ...