Where to start For the programs Stata and R Already have some experience with SOEP data? Want to know whether the SOEP data is suitable for fit your research topic? We want to make your work with the SOEP data as easy and efficient as possible. Our “Getting Started” package is designed to help. For those who are just starting to work with SOEP data, we offer the following introductory-level tools ...
Tests for identification through heteroskedasticity in structural vector autoregressive analysis are developed for models with two volatility states where the time point of volatility change is known. The tests are Wald type tests for which only the unrestricted model including the covariance matrices of the two volatility states have to be estimated. The residuals of the model are assumed to be from ...
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...
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...
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...
