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567 results, from 11
  • Refereed essays Web of Science

    Have the Effects of Shocks to Oil Price Expectations Changed? Evidence from Heteroskedastic Proxy Vector Autoregressions

    Studies of the crude oil market based on structural vector autoregressive (VAR) models typically assume a time-invariant model and transmission of shocks and possibly allow for heteroskedasticity by using robust inference procedures. We assume a heteroskedastic reduced-form VAR model with time-invariant slope coefficients and explicitly consider the possibility of time-varying shock transmission due ...

    In: Economics Letters 233 (2023), 111416, 5 S. | Martin Bruns, Helmut Lütkepohl
  • Refereed essays Web of Science

    Policy Complementarity and the Paradox of Carbon Pricing

    We present an economics framework appropriate to the exceptionally broad scope of the climate change problem. This considers that economic and social processes, particularly those involved in purposive transitions of energy technologies and systems, involve the interplay between three distinct domains of decision-making and associated actors. The first concerns small-scale and often short-term decision-making, ...

    In: Oxford Review of Economic Policy 39 (2023), 4, S. 711-730 | Michael Grubb, Alexandra Poncia, Paul Drummond, Karsten Neuhoff, Jean-Charles Hourcade
  • DIW Weekly Report 26/27 / 2023

    Chinese Loans to African Countries Differ from Western Development Loans

    Over the past 20 years, China has granted a conspicuous amount of loans to African countries. New loan data show that compared to Western multilateral loans, Chinese loans have relatively high interest rates and shorter maturities, tend to be highly collateralized, and are volatile over time. Thus, Western loans are generally more likely to be in the economic interest of the borrowing country. Furthermore, ...

    2023| Lorenz Meister, Lukas Menkhoff, Annika Westen
  • Refereed essays Web of Science

    Green Premiums Are a Challenge and an Opportunity for Climate Policy Design: Comment

    Adjusting green public support programmes to green premiums can reduce public spending, yet this is challenged by uncertainty. Underfunding green technologies can delay the green transition, and overfunding them can increase transition costs. Both risks of under- and overfunding can be reduced using responsive adjustments.

    In: Nature Climate Change 13 (2023), S. 592-595 | Till Köveker, Olga Chiappinelli, Mats Kröger, Oliver Lösch, Karsten Neuhoff, Jörn C. Richstein, Xi Sun
  • Nicht-referierte Aufsätze

    LNG Import Capacity Expansion in Germany: Short-term Relief Likely to Turn into Medium-term Stranded Assets

    In: IAEE Energy Forum (2023), 2, S. 13-18 | Franziska Holz, Lukas Barner, Karlo Hainsch, Claudia Kemfert, Konstantin Löffler, Björn Steigerwald, Christian von Hirschhausen
  • Refereed essays Web of Science

    Geographical Balancing of Wind Power Decreases Storage Needs in a 100% Renewable European Power Sector

    To reduce greenhouse gas emissions, many countries plan to massively expand wind power and solar photovoltaic capacities. These variable renewable energy sources require additional flexibility in the power sector. Both geographical balancing enabled by interconnection and electricity storage can provide such flexibility. In a 100% renewable energy scenario of twelve central European countries, we investigate ...

    In: iScience 26 (2023), 7, 107074 | Alexander Roth, Wolf-Peter Schill
  • Diskussionspapiere 2041 / 2023

    De-Fueling Externalities: How Tax Salience and Fuel Substitution Mediate Climate and Health Benefits

    This paper provides a comprehensive evaluation of the world’s largest environmental tax reform. We compare carbon and air pollutant emissions of the German transport sector and synthetic counterfactuals following the 1999 eco-tax reform, and find average re- ductions in external damages of around 80 billion Euros. We further show that the eco-tax induced low-carbon innovation and document much stronger ...

    2023| Pier Basaglia, Sophie Behr, Moritz A. Drupp
  • Externe Monographien

    The Political Economy of Carbon Pricing: Modeling and Empirical Assessment of Carbon Pricing Policies

    Berlin: Humboldt-Universität Berlin, 2023, XXV, 241 S. | Mariza Montes de Oca Leon
  • Externe Monographien

    De-Fueling Externalities: Causal Effects of Fuel Taxation and Mediating Mechanisms for Reducing Climate and Pollution Costs

    This paper provides the most comprehensive assessment of how fuel taxation reduces climate and pollution externalities with a quasi-experimental evaluation of the world’s largest environmental tax reform. Leveraging multiple causal inference methods, we compare carbon and air pollutant emissions of the actual and counterfactual German transport sector following the 1999 eco-tax reform and demonstrate ...

    München: CESifo, 2023, 37 S.
    (CESifo Working Papers ; 10508)
    | Pier Basaglia, Sophie M. Behr, Moritz A. Drupp
  • Refereed essays Web of Science

    Not Only a Mild Winter: German Consumers Change Their Behavior to Save Natural Gas: Commentary

    In: Joule 7 (2023), 6, S. 1081-1086 | Alexander Roth, Felix Schmidt
567 results, from 11
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