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Press Release
Construction industry continues very positive development – more room for modernization and renovation of existing buildings – construction prices rise sharply
The construction sector cycle will continue its upward course in the next two years according to the forecast of the German Institute for Economic Research (DIW Berlin), which makes its annual prognosis of construction volume on ...
12.01.2018
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Cluster-Seminar Öffentliche Finanzen und Lebenslagen
A number of small offshore jurisdictions exhibit disproportionally large international capital positions. According to governments of these jurisdictions, such positions are (a) the result of a comparative advantage in providing financial services internationally and (b) improve welfare in these jurisdictions. I use the natural experiment of re-occuring hurricanes to test if (a) the capital...
17.01.2018| Jakob Miethe
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SOEPpapers 947 / 2017
Despite lower incomes the self-employed often report higher job satisfaction. But this increased job satisfaction only sometimes translates into higher life satisfaction, likely due to the heterogeneous nature of self-employment. By distinguishingdifferent types of self-employment, this paper sheds light onto why some self-employeds even report lower life satisfaction, focussing specifically on poor ...
2017| Martin Binder
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SOEPpapers 946 / 2017
We investigate the causal effect of commuting on sickness absence from work using German panel data. To address reverse causation, we use changes in commuting distance for employees who stay with the same employer and who have the same residence during the period of observation. In contrast to previous papers, we do not observe that commuting distances are associated with higher sickness absence, in ...
2017| Laszlo Goerke, Olga Lorenz
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DIW Discussion Papers 1714 / 2017
Low and uncertain carbon prices are often stated as a major obstacle for industrial sector investments in technologies to deliver deep emissions reductions. Project-based carbon contracts underwritten by national governments could addressregulatory risk, lower financing costs and strengthen incentives for emission reductions at investment and operation stage. In this paper design options for project-based ...
2017| Jörn Richstein
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DIW Discussion Papers 1716 / 2017
In this paper, we study how the tax-and-transfer system reduces the inequality of lifetime income by redistributing lifetime earnings between individuals with different skill endowments and by providing individuals with insurance against lifetime earnings risk. Based on a dynamic life-cycle model, we find that redistribution through the tax-and-transfer system offsets around half of the inequality ...
2017| Peter Haan, Daniel Kemptner, Victoria Prowse
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Future Power Market Platform
Increasing shares of active consumers, distributed generators, new flexibility providers on the distribution network lead a need of coordination between TSO, DSOs and power exchanges. In this workshop we would like to extend the discussion we had in Mannheim, and ask with more detail the question: What needs to be considered in the market design to coordinate producers, consumers, and...
10.01.2018| Gianluigi Migliavacca, Alberto Latorre, Marco Baldini, Jose Pablo Chaves Avila, Jörn C. Richstein, Karsten Neuhoff
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Future Power Market Platform
The question posed in this workshop is not whether zonal or nodal is better - but in the case some countries wish to go to a nodal system, how would that interact with the neighboring electricity markets. Interested countries argue that under subsidiarity it is in their freedom to decide how strong to build their internal networks to avoid constraints or use smaller pricing zones or nodal pricing...
24.09.2018| Andreas Ehrenmann, Maximilan Rinck, Konrad Purchala, Christian Nabe, Julian Dyer , Jörn C. Richstein, Karsten Neuhoff
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Future Power Market Platform
Objective
With the strong emphasis on the energy only market reflected in the winter package - we want to revisit hedging and futures markets as the key element for a functioning energy-only market.
In particular, we are interested to explore how they will likely evolve in a 2030 perspective with increasing shares of wind and solar power and complementing flexibility options in the system (such...
22.03.2019| Gauthier de Maere (Tractebel), Rickard Nilsson (Nordpool), Andras Hujber (DG Energy), Andreas Flamm (Entelios), Paul Giesbertz (Statkraft), Felix Hulsch (Enertrag), Marcus Bokermann (Vattenfall), Arne Matthias Weber (RWE), Maximilian Rinck (EPEX), , Jörn C. Richstein, Karsten Neuhoff
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Future Power Market Platform
For the success of the energy transition, sufficient attractiveness in capital markets and availability of financing for both transmission and distribution grid expansion are crucial. However, in a nodal pricing regime, network operator revenues potentially fluctuating with congestion conditions add complexity to the revenue streams and thus to financing. In addition, the financial effects on...
21.09.2023