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Brown Bag Seminar Industrial Economics
This paper provides novel empirical results on the welfare impact of sanctions when countries coordinate their sanctions packages. To do so, weconduct simulations with the Caliendo and Parro (2015) CGE model of the world economy that provides changes in welfare under different hypothetical setups of sanctions coalitions. Focusing on the 2012 wave of sanctions against Iran and the 2014 sanctions...
07.04.2022| Sonali Chowdhry, Kiel Institute for the World Economy
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Berlin Applied Micro Seminar (BAMS)
28.02.2022| Yanos Zylberberg (University of Bristol)
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Externe referierte Aufsätze
Whether additional natural gas infrastructure is needed or would be detrimental to achieving climate protection goals is currently highly controversial. Here we combine five perspectives to argue why expansion of the natural gas infrastructure hinders a renewable energy future and is no bridge technology. We highlight that natural gas is a fossil fuel with a significantly underestimated climate impact ...
In:
Nature Energy
7 (2022), 7, S. 582–587
| Claudia Kemfert, Fabian Präger, Isabell Braunger, Franziska M. Hoffart, Hanna Brauers
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Diskussionspapiere 2010 / 2022
Natural gas prices in Germany saw a strong increase at the end of 2021, subsequently worsening with the start of the war in Ukraine in February 2022, raising concerns about the distributional consequences. Our study shows that low-income households are affected the most by the natural gas price increase. Low-income households pay at the median 11.70 percent of their equivalent income on gas bills, ...
2022| Mats Kröger, Maximilian Longmuir, Karsten Neuhoff, Franziska Schütze
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Externe referierte Aufsätze
Firms with superior productivity, labeled superstar firms, are argued to be the link between rising concentration and the fall of the aggregate labor share in the US. This analysis confirms that similar evidence is found within the European context: the market share and firm size increase, whereas the labor share decreases with productivity. One of the much discussed mechanisms behind this development ...
In:
Journal of Applied Economics
25 (2022), 1, S. 583-603
| Caroline Stiel, Alexander Schiersch
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DIW Weekly Report 12 / 2022
Over the course of the 20th century, governments have frequently used rent control to keep rents affordable, especially in times of crisis when housing is scarce. Existing research shows that rent control has undesirable side effects, such as overall societal welfare losses, market misallocation, a declining housing supply, and lower mobility. However, there has been little research examining the effect ...
2022| Konstantin A. Kholodilin, Sebastian Kohl
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Externe referierte Aufsätze
Based on data from the German Socio-Economic Panel, we document a significant rise in monthly earnings in- equality between 1993 and 2018. The main contributors are inter-temporal increases in working hours inequality and increases in the covariance between working hours and hourly wages, while changes in the distribution of hourly wages play a minor role. Applying a novel double decomposition technique ...
In:
Labour Economics
76 (2022), 102184, 22 S.
| Mattis Beckmannshagen, Carsten Schröder
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Diskussionspapiere 2003 / 2022
Steam coal exporters face increasing uncertainty about future coal demand and risks of asset stranding. Nevertheless, new export-oriented coal mine projects are still brought forward. In this study, we use the coal sector model COALMOD-World to assess the economic prospects of investments in the export-oriented steam coal sector, and in particular of coal mines in the Galilee Basin, Australia. We parameterize ...
2022| Christian Hauenstein, Franziska Holz, Lennart Rathje, Thomas Mitterecker
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Externe referierte Aufsätze
In:
Economics of Energy and Environmental Policy
11 (2022), 1, S. 1-4
| Sebastian Groh, Valerie J. Karplus, Christian von Hirschhausen
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Diskussionspapiere 1995 / 2022
We develop a New Keynesian model with household heterogeneity and bounded rationality in the form of cognitive discounting. The interaction of household heterogeneity and bounded rationality generates amplification of monetary and fiscal policy through indirect general equilibrium effects while simultaneously ruling out the forward guidance puzzle and remaining stable at the effective lower bound. ...
2022| Oliver Pfäuti, Fabian Seyrich