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"On average, women know less about financial matters than men do in most countries": seven questions for Antonia Grohmann

Ms. Grohmann, you have examined the gender gap in financial literacy. In general, do women know more or less about financial matters than men do? On average, women know less about financial matters than men in most countries. There are exceptions – Thailand and Russia, for example – but in 135 out of 144 countries, women know less about finances than men.  [...] The ...

The Gender Gap in Financial Literacy: Income, Education, and Experience Offer Only Partial Explanations

In most countries, women have a lower level of financial literacy than men on average. This report demonstrates that differences in income and education and less experience in financial matters only provide a partial explanation for the gender gap. Data from various countries show that cultural differences may also play a role. In order to close the gender gap in financial literacy, schools should ...

On Average, Women Know Less about Financial Matters than Men Do in Most Countries: Seven Questions for Antonia Grohmann

Introduction

The Role of Natural Gas in a Low-Carbon Europe: Infrastructure and Supply Security

In this paper, we analyse infrastructure needs of the European natural gas market in response to decarbonisation of the European energy system. To this end, we use numerical modelling and apply the Global Gas Model. We investigate three pathways of future natural gas consumption: i) a decreasing natural gas consumption, following the scenarios of the EU Energy Roadmap 2050; ii) a moderate increase ...

Coordinating Cross-Country Congestion Management: Evidence from Central Europe

We employ a detailed two-stage model to simulate the operation of the Central Eastern European electricity market and network. Implementing different cases of coordination in congestion management between national transmission system operators, numerical results show the beneficial impact of closer cooperation. Specific steps comprise the sharing of network and dispatch information, cross-border counter-trading, ...

European Electricity Grid Infrastructure Expansion in a 2050 Context

This paper analyzes the development of the European electricity transmission network for different policy scenarios at the horizon 2050. We apply a bottom-up techno-economic electricity sector model to determine transformation scenarios of the European electricity sector. It has a very detailed spatial disaggregation that allows for a fine representation of domestic and international electricity flows ...

Renewable Energy Support, Negative Prices, and Real-Time Pricing

We analyze the welfare effects of two different renewable support schemes designed to achieve a given target for the share of fluctuating renewable electricity generation: a feed-in premium (FiP), which can induce negative wholesale prices, and a capacity premium (CP), which does not. For doing so we use a stylized economic model that differentiates between real-time and flat-rate pricing and is loosely ...

European Scenarios of CO2 Infrastructure Investment

Based on a review of the current state of the Carbon Capture, Transport and Storage (CCTS) technology, this paper analyzes the layout and costs of a potential CO2 infrastructure in Europe at the horizon of 2050. We apply the mixed-integer model CCTS-Mod to compute a CCTS infrastructure network for Europe, examining the effects of different CO2 price paths with different regional foci. Scenarios assuming ...

SOEP 2015 – Codebook for the $PEQUIV File 1984-2015: CNEF Variables with Extended Income Information for the SOEP