Materials are central to our economies – but their production also dominates industrial greenhouse gas emissions. It is therefore not possible for Europe to reach an 80-95% emission reduction target without significant emission reductions from the materials sector. While some production efficiency improvements and fuel shifting to lower carbon inputs have been achieved in sectors such as...
The purpose of the Study is to explain and quantify the causal relationship between competition policy, competition, and market outcomes in the telecoms sector, on the basis of sound and established econometric techniques. We aim at providing instruments and evidence that may help to improve the effectiveness of competition policy interventions and to inform the public about the effects of...
In recent years, an increasing number of nationally representative surveys in the social sciences and economics have implemented the Big Five model of personality. While many personality inventories were originally developed in the context of self-administered questionnaires, they are often used by large surveys in face-to-face interview settings instead. Drawing on an experimental research design, ...
This study examines the importance of parental health in the development of child behavior during early childhood. Our analysis is based on child psychometric measures from a longitudinal German dataset, which tracks mothers and their newborns up to age six. We identify major changes in parental health (shocks) and control for a variety of initial characteristics of the child including prenatal conditions. ...
We analyze the effects of incentive regulation with revenue caps on the investment behaviors of 109 German electricity distribution companies. We hypothesize that with Germany's implementation of incentive regulation in 2009 firms increase their investments in the base year when the rate base is determined for the following regulatory period. We build a model that controls for both firm-specific heterogeneity ...
We estimate the deterrence effects of European Commission (EC) merger policy instruments over the 1990–2009 period. Our empirical results suggest phase-1 remedies uniquely generate robust deterrence as—unlike phase-1 withdrawals, phase-2 remedies, and preventions—phase-1 remedies lead to fewer merger notifications in subsequent years. Furthermore, the deterrence effects of phase-1 remedies work best ...
