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Transmission Network Investment Using Incentive Regulation: A Disjunctive Programming Approach

A well-planned electric transmission infrastructure is the foundation of a reliable and efficient power system, especially in the presence of large scale renewable generation. However, the current electricity market designs lack incentive mechanisms which can guarantee optimal transmission investments and ensure reliable integration of renewable generation such as wind. This paper first proposes a ...

A Green COVID-19 Recovery of the EU Basic Materials Sector: Identifying Potentials, Barriers and Policy Solutions

This paper explores which climate-friendly projects could be part of the COVID-19 recovery while jump-starting the transition of the European basic materials industry. Findings from a literature review on technology options in advanced development stages for climate-friendly production and enhanced sorting and recycling of steel, cement, aluminium and plastics are combined with insights from interviews ...

Mentoring Programs Support the Integration of Refugees

Over a million people sought asylum in Germany between 2014 and 2016. During this time, many Germans began volunteering in various ways to help refugees and mentorship pro- grams in particular gained significance. As this report shows, participating in a mentorship program has a positive impact on refugees: They improve their language skills and become more socially active. Mentors experience the relationship ...

Subgroup Analysis of Investment Constraints: Evidence from Ugandan Microenterprises

This study examines the effect of a soft commitment device in the form of a savings goal calendar on savings for small business owners in Kampala, Uganda. We run a randomized controlled trial (RCT) under which the treatment group receives a calendar designed to set savings goals and to make a plan to reach this goal. The control group is given a plain calendar. We find no average effect on savings, ...

Maximilian Schäfer has successfully defefended his dissertation

Maximilian Schäfer has successfully defended his dissertation at the Technische Universität Berlin in November 2020. The dissertation with the title "Three Essays on the Economics of Digitization" was supervised by Prof. Dr. Tomaso Duso (DIW Berlin, Technische Universität Berlin) and Prof. Dr. Hannes Ullrich (DIW Berlin, University of Copenhagen). Maximilian was a PhD student in the ...

Risk Preferences and Training Investments

We analyze workers’ risk preferences and training investments. Our conceptual framework differentiates between the investment risk and insurance mechanisms underpin-ning training decisions. Investment risk leads risk-averse workers to train less; they undertake more training if it insures them against future losses. We use the German Socio-Economic Panel (SOEP) to demonstrate that risk affinity is ...

Savings Goal Calendars as Soft Commitment Devices: Evidence from Small Business Owners in Uganda

This study examines the effect of a soft commitment device in the form of a savings goal calendar on savings for small business owners in Kampala, Uganda. We run a randomized controlled trial (RCT) under which the treatment group receives a calendar designed to set savings goals and to make a plan to reach this goal. The control group is given a plain calendar. We find no average effect on savings, ...

Common Ownership in the US Pharmaceutical Industry: A Network Analysis

We investigate patterns in common ownership networks between firms that are active in the US pharmaceutical industry for the period 2004-2014. Our main findings are that “brand firms” — i.e. firms that have R&D capabilities and launch new drugs — exhibit relatively dense common ownership networks with each other that further increase significantly in density over time, whereas the network of “generic ...

Geographic sorting and aversion to breaking rules

Solving a HANK model in Julia

Speaker Christian Bayer   Syllabus