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Refereed essays Web of Science
The objective of our paper is to analyze the prospects for LNG development in the US. In particular, we discuss LNG investment projects with respect to natural gas supply and demand, existing transmission infrastructure, and competing pipeline projects. At the same time potential competition between natural gas and coal in power generation is taken into account. We conclude that in the mid-term, LNG ...
In:
Energy Policy
36 (2008), 8, S. 3160-3168
| Sophia Rüster, Anne Neumann
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Refereed essays Web of Science
This article analyzes the relationship between the usage of Internet-based technologies, different types of innovation, and performance at the firm level. Data for the empirical investigation originates from a sample of 7302 European enterprises. The empirical results show that Internet-based technologies were an important enabler of innovation in the year 2003. It was found that all studied types ...
In:
Research Policy
37 (2008), 8, S. 1317-1328
| Philipp Köllinger
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Refereed essays Web of Science
In this paper, we present a detailed and comprehensive complementarity model for computing market equilibrium values in the European natural gas system. Market players include producers and their marketing arms which we call "traders", pipeline and storage operators, marketers, LNG liquefiers, regasifiers, tankers, and three end-use consumption sectors. The economic behavior of producers, traders, ...
In:
Energy Policy
36 (2008), 7, S. 2385-2414
| Ruud Egging, Steven A. Gabriel, Franziska Holz, Jifang Zhuang
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Refereed essays Web of Science
We estimate the Sticky Information Phillips Curve model of Mankiw and Reis (2002) using survey expectations of professional forecasters from four major European economies. Our estimates imply that inflation expectations in France, Germany, and the United Kingdom are updated about once a year, while in Italy, about once each 6 months.
In:
Journal of Money, Credit and Banking
40 (2008), 7, S. 1513-1519
| Jörg Döpke, Jonas Dovern, Ulrich Fritsche, Jiri Slacalek
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Refereed essays Web of Science
Numerous studies proved that people tend to select partners that are similar to them with regard to many social and psychological variables. Even though this effect was also found for personality, results are inconsistent and reveal convergence coefficients ranging from negative over zero- to positive correlations. The present study thus aims to investigate personality congruence between spouses and ...
In:
Personality and Individual Differences
45 (2008), 6, S. 533-535
| Beatrice Rammstedt, Jürgen Schupp
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Refereed essays Web of Science
This paper investigates the effects of EU enlargement on price convergence. The internal market is expected to boost integration and increase efficiency and welfare through a convergence of prices in product markets. Two principal drivers are crucial to explain price developments. On one hand, higher competition exerts downward pressure on prices because of lower markups. On the other hand, the catching-up ...
In:
Eastern European Economics
46 (2008), 5, S. 57-68
| Christian Dreger, Konstantin Kholodilin, Kirsten Lommatzsch, Jiri Slacalek, Przemyslaw Wozniak
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Refereed essays Web of Science
This paper examines the cyclical interactions between the remittances of Turkish workers in Germany and output in both Turkey and Germany. Our analysis introduces a new data set covering 1962 to 2004, never used before in the research literature and considered to be a more reliable source than the data sets used in other studies. By dividing the original sample into recruitment, family reunification, ...
In:
Emerging Markets, Finance & Trade
44 (2008), 5, S. 23-40
| Sule Akkoyunlu, Konstantin A. Kholodilin
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Refereed essays Web of Science
This paper investigates the link between the optimal level of non-financial firms' liquid assets and uncertainty. We develop a partial equilibrium model of precautionary demand for liquid assets showing that firms alter their liquidity ratio in response to changes in either macroeconomic or idiosyneratic uncertainty. We test this hypothesis using a panel of non-financial US firms drawn from the COMPUSTAT ...
In:
Economic Modelling
25 (2008), 5, S. 833-849
| Christopher F. Baum, Mustafa Caglayan, Andreas Stephan, Oleksandr Talavera
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Refereed essays Web of Science
We investigate the effects of regional and industrywide foreign presence and foreign direct investment (FDI) on the export volumes of Ukrainian manufacturing firms using unpublished panel data from 1996-2000. Foreign presence through FDI may have negative competition effects on domestic firms' performance; at the same time, domestic firms' productivity may be increased by technology transfer or training ...
In:
Emerging Markets, Finance & Trade
44 (2008), 5, S. 82-98
| Stefan Lutz, Oleksandr Talavera, Sang-Min Park
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Refereed essays Web of Science
Germany is known to have one of the lowest fertility rates among Western European countries and also relatively low employment rates of mothers with young children. Although these trends have been observed during the last decades, the German public has only recently begun discussing these issues. In order to reverse these trends, the German government recently passed a reform of the parental leave ...
In:
Population Research and Policy Review
27 (2008), 5, S. 575-591
| C. Katharina Spieß, Katharina Wrohlich