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This paper investigates an intergenerational conflict arising from renewable energy support (RES). Using a simple polito-economic overlapping generations (OLG) model, it can be shown that old individuals unambiguously lose from renewable energy support and therefore vote for its minimum level....
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Regulatory authorities enjoy considerable discretionary room to manoeuvre; we discuss the role of actual and potential regulations in telecommunications and critically focus on informal ‚shadow regulation’. Our analytical framework puts the focus on multinational companies in open economies...
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The innovative approach presented introduces a modified neoclassical growth model which includes a new bias of technological progress in a quasi-endogenous growth model in which part of labor is used in the research & development sector. The combination of a macroeconomic production function and...
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