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Electricity transmission pricing and performance-based regulation
Vogelsang, Ingo (contributor) - 2005
Performance-based regulation (PBR) is influenced by the Bayesian and non-Bayesian incentive mechanisms. While Bayesian incentives are impractical, the insights from their properties can be combined with practical non-Bayesian mechanisms for application to transmission pricing. This combination...
Persistent link: https://www.econbiz.de/10002856774
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Regulation and internet access in Germany
Reutter, Michael - 2001
We explain the recent events in the German market for online access using a model of a regulated monopoly renting phone lines to retailers. Retailers offer either a linear or a flat tariff to consumers. Consumer heterogeneity leads to adverse selectiion. We show why market entry for flatrate...
Persistent link: https://www.econbiz.de/10011398800
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Privatisation of network industries in Germany : a disaggregated approach
Knieps, Günter - 2004
The purpose of this paper is to analyse the impact of market-oriented institutional reforms in German network industries. A disaggregated approach is chosen, which differentiates between network services, infrastructure management and network infrastructure. The gradual opening of network...
Persistent link: https://www.econbiz.de/10011402409
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Buffering volatility : a study on the limits of Germany's energy revolution
Sinn, Hans-Werner - 2016
,000 pumped storage plants, which is 183 times Germany's current capacity, would nevertheless be huge. Taking the volatility of … difficult for Germany to pursue its energy revolution beyond merely replacing nuclear fuel towards a territory where it can also …
Persistent link: https://www.econbiz.de/10011488155
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What do we know about recent exchange rate models? : in-sample fit and out-of-sample performance evaluated
Cheung, Yin-Wong; Chinn, Menzie David; Pascual, Antonio … - 2003
Previous assessments of nominal exchange rate determination have focused upon a narrow set of models typically of the 1970 s vintage, including monetary and portfolio balance models. In this paper we re-assess the in-sample fit and out-of-sample prediction of a wider set of models that have been...
Persistent link: https://www.econbiz.de/10011507659
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Inequality and the state : comparing U.S. and German preferences
Corneo, Giacomo - 2000
Survey data from the United States, West Germany and East Germany are analyzed to compare individual attitudes towards … political redistribution in each country. In West Germany the homo oeconomicus effect , the social rivalry effect and the public … effect disappears. In East Germany both the second and the third effect disappear. …
Persistent link: https://www.econbiz.de/10009780207
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Unemployment in the United States and in Europe : a contrast and the reasons
Solow, Robert - 2000
Persistent link: https://www.econbiz.de/10009781501
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Currency traders and exchange rate dynamics : a survey of the U.S. market
Cheung, Yin-Wong; Chinn, Menzie David - 2000
We report findings from a survey of United States foreign exchange traders. Our results indicate that: (i) in recent years electronically-brokered transactions have risen substantially, mostly at the expense of traditional brokers; (ii) the market norm is an important det e rminant of interbank...
Persistent link: https://www.econbiz.de/10009781525
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Real wages and business cycle asymmetries : presented at CESifo conference "Academic Use of ifo Survey Data", December 2003
Woitek, Ulrich - 2004
and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear …
Persistent link: https://www.econbiz.de/10011449261
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Historical analysis of national subjective wellbeing using millions of digitized books
Hills, Thomas; Proto, Eugenio; Sgroi, Daniel - 2016
from millions of digitized books for the USA, UK, Germany, France, Italy and Spain. While existing measures go back at most …
Persistent link: https://www.econbiz.de/10011476047