South Korea's strategies for deploying battery electric vehicles (BEVs) primarily include providing purchase subsidies and expanding charging infrastructure. An empirical analysis of new vehicle registrations from 2019 to 2022 shows that investing in charging facilities is more costeffective...

In this paper, we present a new approach to measure the returns of private equity investments based on a stochastic model of the dynamics of a private equity fund. Our stochastic model of a private equity fund consists of two independent stages: the stochastic model of the capital drawdowns and...

Motivated by a recent demographic study establishing a link between macroeconomic fluctuations and the mortality index kt in the Lee-Carter model, we assess the impact of macroeconomic fluctuations on the solvency of a life insurance company. Liabilities in our stochastic simulation framework...

This paper analyzes the impact of model complexity on the net present value distribution and the expected default probability of equity investments in project finance. Model complexity is analyzed along two dimensions: simulation complexity and forecast complexity. We aim to identify model...

Die Anforderungen an die Konsumgüterdistribution verändern sich mit zunehmender Geschwindigkeit. Anhaltende Globalisierung, kürzere Produktlebenszyklen und Urbanisierung sowie neue Technologien sind Treiber dieser Veränderungen. Hinzu kommen die wachsende Bedeutung des Onlinehandels,...

Replacing combustion engine vehicles with battery electric vehicles (BEV) is essential to achieving climate objectives and advancing sustainable transportation, aligning with the United Nations Development Goals and the Paris Agreement. In this project, we identify three perception biases linked...

An increase in the market share of electric vehicles is one possible policy strategy for greenhouse gas (GHG) abatement. Many governments have introduced schemes to increase the market uptake - fiscal incentives, subsidies and various regulatory policies such as support for charging stations,...

Der Autoverkehr ist in vielen Städten zu einer hohen Belastung geworden: Lärm, überfüllte Innenstädte, Staus, Feinstaub- und Stickoxidemissionen sorgen für massive negative externe Effekte und haben eine heftige und kontroverse Diskussion um die Zukunft der Mobilität angeregt. Fahrverbote...

Thomas Puls, Institut der deutschen Wirtschaft, Köln, sieht die deutsche Autoindustrie aufgrund früherer strategischer Entscheidungen relativ gut für den Strukturwandel gerüstet. Viele große Firmen sind gut vorbereitet, bei den kleinen Zulieferern müsse hingegen von spürbaren Verlusten...

This paper considers a general model which allows for both deterministic and stochastic forms of seasonality, including fractional (stationary and nonstationary) orders of integration, and also incorporating endogenously determined structural breaks. Monte Carlo analysis shows that the suggested...