Im Rahmen der Energiewende führt der starke Anstieg der Stromerzeugung aus erneuerbaren Energien in Deutschland zu einer fundamentalen Veränderung des Strommarktes. Beim Handel mit Strom aus erneuerbaren Energien ist die zur Vermarktung eingesetzte Prognose von sehr großer Bedeutung. Bei...

Outlying observations can bias regression estimates, requiring the use of robust estimators. Comparing robust estimates to those obtained using OLS is a common robustness check, however, such comparisons have been mostly informal due to the lack of available tests. Here we introduce a formal...

Much of empirical research focuses on forward causal questions (``Does X cause Y?'') while answering reverse causal questions (``What causes Y?'') can provide invaluable insights but is difficult to implement in practice. Here we operationalise the modelling of reverse causal questions through...

Empirical evidence suggests that variations in climate affect economic growth across countries over time. However, little is known about the relative impacts of climate change onto economic outcomes when global mean surface temperature (GMST) is stabilized at 1.5°C or at 2°C warming relative...