Colombia faces several challenges to secure a reliable, affordable, and climate-friendly energy supply. Persistently low reserve-to-production ratios in oil and gas, together with advancing climate change, are putting the country’s energy system at risk. Heavily relying on hydro-power, Colombia’s electricity system will become more vulnerable with extreme weather patterns such as El Niño. This paper ...
Conference in Bremen, June, 16th, 2020 and Quarterly Journal of Economic Research (DIW Vierteljahrshefte zur Wirtschaftsforschung) Description Advances in payment technologies have considerably extended the way how we pay for transactions. While the majority of financial transactions has been even traditionally done by the means of non-cash (e.g. equity payments in mergers & acquisitions), nowadays ...
The Federal Agency for Cartography and Geodesy (BKG) provides 3D-Building models for Germany. The data come in a City-GML (geographical markup language) format, locating every building throughout Germany and providing information such as its ground plan, height, and the building’s purpose. I will provide an overview on the data, its coverage and limitations, as they are available for...
We study the macroeconomic effects of unconventional monetary policy in the euro area using structural vector autoregressions, identified with external instruments. The instruments are based on the common unexpected variation in euro area sovereign yields for different maturities on policy announcement days. We first show that expansionary monetary surprises are effective at lowering public and private ...
We here explore the link between individual concerns about crime and the distribution of income in Germany. We make use of 1995-2017 microdata from the German Socio-Economic Panel (SOEP) to show that both individual polarization and relative deprivation have statistically-significant effects on reported concerns about crime, while relative satisfaction plays no role. At the aggregate level, the main ...
