Equality of opportunity is a principle of justice that is built on two fundamental ideas. On the one hand, outcome differences across individuals are unacceptable if they are rooted in factors that are beyond individual control. Examples of such circumstance characteristics are the biological...

This paper presents empirical results of a wide range of multidimensional poverty measures for: Argentina, Brazil, Chile, El Salvador, Mexico and Uruguay, for the period 19922006. Six dimensions are analysed: income, child attendance at school, education of the household head, sanitation, water...

Lea Immel prepared this study while she was working at the Research Group Taxation and Fiscal Policy at the ifo Institute. The study was completed in September 2020 and accepted as doctoral thesis by the Department of Economics at the University of Munich. It consists of four distinct empirical...

The wave of upbeat stories on the developing world's emerging middle class has reinvigorated a debate on how social class in general and the middle class in particular ought to be defined and empirically measured. With the aim of adding clarity to this debate, this dissertation provides a...

Renewable energies are a critical element in containing climate change while sustaining economic development. The expanded introduction of renewable energy policies changed electricity markets due to increasing renewable electricity capacity and generation. Although some are convinced that...

The thesis at hand includes four essays that analyze issues related to the energy prices. In the first essay, the effects of oil prices on Turkish stock market activity is investigated by using vector autoregressive model (VAR). Specific attention is given to global liquidity conditions in order...