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Long term growth perspectives in Japan and the euro area
Dreger, Christian - 2017
Euro area countries and Japan are confronted with similar challenges. Potential output is on a falling trend in the euro area, and the decrease started well before the financial crisis. In Japan, low output growth is a striking feature since many years, despite the unconventional monetary policy...
Persistent link: https://www.econbiz.de/10011639038
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(How) do the ECB and the Fed react to financial market uncertainty? : the Taylor rule in times of crisis
Belke, Ansgar; Klose, Jens - 2010
We assess differences that emerge in Taylor rule estimations for the Fed and the ECB before and after the start of the subprime crisis. For this purpose, we apply an explicit estimate of the equilibrium real interest rate and of potential output in order to account for variations within these...
Persistent link: https://www.econbiz.de/10003931051
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Does the dispersion of unit labor cost dynamics in the EMU imply long-run divergence? : results from a comparison with the United States of America and Germany
Dullien, Sebastian (contributor);  … - 2007
Using unit labor cost (ULC) data from Euro area countries as well as US States and German La͏̈nder we investigate inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models. All in all we cannot reject convergence of ULC...
Persistent link: https://www.econbiz.de/10003439998
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A coordinated strategic reserve to safeguard the European energy transition
Neuhoff, Karsten; Diekmann, Jochen; Kunz, Friedrich; … - 2015
In Germany and beyond, various capacity mechanisms are currently being discussed with a view to improving the security of electricity supply. One of these mechanisms is a strategic reserve that retains generation capacity for use in times of critical supply shortage. We argue that strategic...
Persistent link: https://www.econbiz.de/10011294099
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Emission pathways towards a low-carbon energy system for Europe : a model-based analysis of decarbonization scenarios
Hainsch, Karlo; Burandt, Thorsten; Kemfert, Claudia; … - 2018
The aim of this paper is to showcase different decarbonization pathways for Germany and Europe with varying Carbon dioxide (CO2) constraints until 2050. The Global Energy System Model (GENeSYS-MOD) framework, a linear mathematical optimization model, is used to compute low-carbon scenarios for...
Persistent link: https://www.econbiz.de/10011880466
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All quiet on the Eastern front? : disruption scenarios of Russian natural gas supply to Europe
Richter, Philipp M.; Holz, Franziska - 2014
The Russian-Ukrainian crisis has revitalized the European concerns of supply disruptions of natural gas as experienced in 2006 and 2009. However, the European supply situation, regulation and infrastructure have changed since: imports aremore diversified, EU member states better connected and a...
Persistent link: https://www.econbiz.de/10010358860
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The impact of competition policy enforcement on the functioning of EU energy markets
Duso, Tomaso; Seldeslachts, Jo; Szücs, Florian - 2017
We investigate the impact of competition policy enforcement on the functioning of European energy markets, and how sectoral regulation influences these outcomes. For this purpose, we compile a new dataset on the European Commission’s (EC) and EU member states’ competition policy decisions,...
Persistent link: https://www.econbiz.de/10011672928
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Innovation in concentrating solar power technologies : a study drawing on patent data
Braun, Frauke G.; Hooper, Elizabeth; Wand, Robert; … - 2010
. Though concentrating solar power is receiving growing interest, innovation studies so far have explored innovative activity … more activity - a pattern closely resembling the R&D support path. R&D and innovation are concentrated in few high …-tech countries - such as the U.S. or Germany. Large CSP potential is not a sufficient condition for innovation, only developed …
Persistent link: https://www.econbiz.de/10003952833
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Accounting for poverty differences between the United States, Great Britain, and Germany
Biewen, Martin; Jenkins, Stephen - 2002 - This version: 17 July 2002
across years), and use it to compare levels and patterns of relative poverty in the USA, Great Britain and Germany during the … 1990s. The higher aggregate poverty rates in the USA and in Britain relative to Germany were mostly accounted for by higher …
Persistent link: https://www.econbiz.de/10011437003
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Mortgage market maturity and homeownership inequality among young households : a five-country perspective
Bičáková, Alena (contributor);  … - 2008
This paper uses the newly constructed Luxembourg Wealth Study data to document cross-country variation in homeownership rates and the homeownership-income inequality among young households in Finland, Germany, Italy, the UK and the US, and relate it to cross-country differences in mortgage...
Persistent link: https://www.econbiz.de/10003726010