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What about Coal? Interactions between Climate Policies and the Global Steam Coal Market until 2030

Because of economic growth and a strong increase in global energy demand the demand for fossil fuels and therefore also greenhouse gas emissions are increasing, although climate policy should lead to the opposite effect. The coal market is of special relevance as coal is available in many countries and often the first choice to meet energy demand. In this paper we assess possible interactions between ...

Green Jobs? Economic Impacts of Renewable Energy in Germany

The labor market implications of large investment into renewable energy (RE) are analyzed in this text. Although a growing RE industry can be observed in Germany the overall effect of large increases of RE based electricity and heat generating technologies on the German economy require a careful model based analysis. The applied model PANTA RHEI has been used among others to evaluate the German energy ...

Labour Market Integration, Occupational Uncertainties, and Fertility Choices in Germany and the UK

The aim of this paper is to investigate how occupational prospects affect first-birth decisions of men and women. Contrasting the continental conservative German welfare state with the liberal market economy of the UK, the focus of analyses rests on how welfare state alignment affects fertility rationales in the context of either promising or bleak occupational prospects. The results based on data ...

The Economics of Fast Charging Infrastructure for Electric Vehicles

By 2011 little is known about the economic rationale of public fast chargers for electric vehicles (EV). This paper aims at providing an insight into the business case of this technology in a case study for Germany. The estimated Return on Investment (ROI) of a public fast charging station constitutes the main contribution. Potential users and organization structures are investigated as well as different ...

Das Sozio-oekonomische Panel (SOEP)

Das Sozio-oekonomische Panel (SOEP) ist die derzeit größte und am längsten laufende multidisziplinäre Langzeitstudie in Deutschland. Die erste Erhebungswelle fand 1984 in Westdeutschland statt; die Studie wurde dann im Juni 1990 auch auf Ostdeutschland ausgedehnt. Für das SOEP werden seit 1984 in Westdeutschland und seit 1990 in Ostdeutschland jedes Jahr mehr als 20.000 Menschen in über 10.000 Haushalten ...

Transmission Investment in the Peruvian Electricity Market: Theory and Applications

This research presents an application of the mechanism in Hogan et al. (2010) (HRV) to promote electricity transmission network expansion in the Peruvian electricity transmission system known as SEIN (Sistema Eléctrico Interconectado Nacional). The HRV mechanism combines the merchant and regulatory approaches to promote investment into transmission grids. This mechanism gives incentives for efficient ...

Die abnehmende Bedeutung des Elternhauses: intergenerationale Übertragung von Parteibindungen in Deutschland 1984 bis 2010

Evaluating Continuous Training Programmes by Using the Generalized Propensity Score

The paper assesses the heterogeneity of treatment effects arising from variation in the duration of training. We use German administrative data that have the extraordinary feature that the amount of treatment varies continuously from 10 days to 395 days (i.e. 13 months). This feature allows us to estimate a continuous dose-response function that relates each value of the dose, i.e. days of training, ...

The Private Equity Premium Puzzle Revisited: New Evidence on the Role of Heterogeneous Risk Attitudes

The empirical finding that entrepreneurs invest a large share of their wealth in their own firms, despite comparably low returns and high risk, has become known as the private equity premium puzzle. This paper provides evidence supporting the hypothesis that lower risk-aversion of entrepreneurs, and thus not necessarily credit constraints, may explain this puzzle. The analysis is based on a representative ...

The Political Economy of the German Länder Deficits: Weak Governments Meet Strong Finance Ministers

We analyse the deficits of the German Länder (regional states) for the period 1960 to 2005 and test a number of hypotheses derived from the literature on the political economy of public deficits. We find evidence for the weak government hypothesis, that is, coalition governments issue significantly more debt than single party governments - a result that is typically explained by the common pool problem. ...