In this paper, we study the evolution of the Prussian technical higher education system and analyse how it is affected by (and how it reacted to) the economic dynamic. We particularly stress the micro-foundations of institutional change, i.e. we analyse how the individual behaviour of the actors...

This paper analyzes the forecast accuracy of the multivariate realized volatility model introduced by Chiriac and Voev (2010), subject to different degrees of model parametrization and economic evaluation criteria. By modelling the Cholesky factors of the covariance matrices, the model generates...

This paper offers a survey of the economic literature on the policy challenges and options available to improve energy efficiency. We emphasize energy efficiency in buildings since it has the largest potential impact in terms of emission of reduction on the demand side and since this impact is...