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Assessing the Strength and Effectiveness of Renewable Electricity Feed-in Tariffs in European Union Countries

In the last two decades, feed-in tariffs (FIT) have emerged as one of the most popular policies for supporting renewable electricity (RES-E) generation. A few studies have assessed the effectiveness of RES-E policies, but most ignore policy design features and market characteristics (e.g. electricity price and production cost) that influence policy strength. We employ 1992-2008 panel data to conduct ...

L'entrée sur le marché du travail des descendants d'immigrés: une analyse comparée France-Allemagne

Financial Inclusion and Financial Integrity: Aligned Incentives?

The Financial Action Task Force embraces financial inclusion as complementary to anti-money laundering and counter-terrorist financing, as it enhances transparency. This support is based on the premise that the increased use of formal financial services leads to a reduction of usage of informal services. We present evidence on eight African countries that both are not negatively associated. Moreover, ...

Co-national and Cross-National Pulls in International Migration to Spain

A large literature documents that migrants are attracted to destinations that already host migrants of their same nationality (co-national pull). Drawing on aggregate migration data from Spain, detailed by country of origin and province of destination for the period 1996-2006, we find that migrants are also attracted to destinations that already host migrants from nationalities that are adjacent to ...

Divided Government versus Incumbency Externality Effect: Quasi-Experimental Evidence on Multiple Voting Decisions

This paper explores the causal relationship between vote outcomes in different elections. We ask: (1) Does the partisan identity of the mayor influence the voter's decision in subsequent town council elections? (2) Do voters condition their vote for the mayor on the result of the last council election? The analysis mainProd. Type: FLPly relies on a regression discontinuity design focusing on close ...

The Integration of Renewable Energies into the German Transmission Grid: A Scenario Comparison

This article presents a quantitative assessment of the need for electricity transmission capacity investments in Germany for 2030. Congestion is analyzed and its possible relief through appropriate grid reinforcements as those described in the Ten Year Network Development Plan (TYNDP) of the European Commission. Congestion is investigated in three scenarios which differ in the location of power resources ...

Development Scenarios for the North and Baltic Seas Grid: A Welfare Economic Analysis

The North and Baltic Seas Grid is one of the largest pan-European infrastructure projects, increasing the potential of harnessing large amounts of renewable energy. This paper addresses the economic implications of different development scenarios of the North and Baltic Seas Grid on individual countries and stakeholders which may raise concerns about the implementation in largely nationally dominated ...

Long-Term Absenteeism and Moral Hazard: Evidence from a Natural Experiment

This paper shows that long-term sick employees are unlikely to be very responsive to moderate monetary labor supply incentives. The paper, theoretically and empirically, evaluates the labor supply effects of cuts in statutory sick pay levels on long-term absenteeism in Germany. Cutting sick pay did not significantly reduce the average incidence and duration of sick leave periods longer than six weeks. ...

Renewable Electric Energy Integration: Quantifying the Value of Design of Markets for International Transmission Capacity

Integrating large quantities of variable renewable electricity generation remains a political and operational challenge. One of the main obstacles in Europe to installing at least 200 GWs of power from variable renewable sources is how to deal with the insufficient network capacity and the congestion that will result from new flow patterns. We model the current methodology for controlling congestion ...

Dispersed Communication by Central Bank Committees and the Predictability of Monetary Policy Decisions

The paper asks whether members of central bank decision-making committees should communicate with the public in a collegial manner, by conveying the consensus or majority view of the committee, or in an individualistic way, by providing the diversity of views among the committee members. It finds that more active as well as more consistent communication by committee members improves the predictability ...