We quantify the theoretical potential for energy-efficiency CDM projects using best available technology in coal, natural gas or oil fuelled power generation in China, India, Brazil, Indonesia and South Africa, looking at new power plants or retrofit measures. We then discuss the likelihood of...

Before and after the Asian crisis, the dollar has been the dominant anchor and reserve currency in East Asia. Due to underdeveloped capital markets and a very limited international role of the domestic currencies, the East Asian countries (except Japan) are likely to continue exchange rate...

Most empirical studies found that monetary policy has a significant effect on house prices while stock markets remain unaffected by interest rate shocks. In this paper we conduct a more detailed analysis by studying various sub-segments of the real estate market. Em-ploying a new dataset for...

In der Studie wird nach einer kurzen Einführung zunächst die ökonomische Bedeutung der Landwirtschaft für die Metropolregion Hamburg herausgearbeitet. Es wird beleuchtet, welche Rolle der Landwirtschaft auf dem Arbeitsmarkt und bei der Wertschöpfung in der Region zukommt und wie sich diese...

We investigate the relationship between diversity and productivity in Europe using an original dataset covering the NUT3 regions of 12 countries of the EU15 (Austria, Belgium, Denmark, France, former Western Germany, Ireland, Italy, the Netherlands, Portugal, Spain, Sweden and the United...

Obesity has become a serious public health problem in both industrialized and rapidly industrializing countries. It increases greenhouse gas emissions through higher fuel needs for transportation of heavier people, lifecycle emissions from additional food production and methane emissions from...

This paper asks the following important question: what was the effect of surging immigration on average and individual wages of U.S.-born workers during the period 1990-2004? Building on section VI I of Borjas (2003) we emphasize the need for a general equilibrium approach to analyze this...

The Clean Development Mechanism (CDM) has seen a spectacular rise of activity since mid-2005 that has led to more than 400 project submissions with a combined estimated emission reduction volume of 570 million t CO2 eq. until the end of the commitment period. Several technologies have been...

In Teamsportarten ist häufig die Tendenz zu beobachten, dass Spieler gleicher oder ähnlicher Qualität sich in einem Team clustern. Basierend auf der O-Ring-Theorie von KREMER (1993) wird ein ZIDANE-Clustering-Theorem abgeleitet und damit eine theoretische Begründung für das empirische...

The paper analyzes the relation between institutional quality, such as corruption, in a country and its monetary regime. It is shown that a credibly fixed exchange rate to a low inflation country, like a currency board, can reduce corruption and improve the fiscal system. A monetary union,...