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Weitere referierte Aufsätze
A standard argument against specialised administrative courts in the tradition of civil law jurisdictions is their lack of independence. They are perceived to be ineffective in restraining the government’s interference with private rights, therefore failing to secure strong judicial independence. In this paper, we use a dataset of 365 medical malpractice cases decided by the Spanish Supreme Court in ...
In:
Journal of European Tort Law
(2015) 6, S. 241-259
| Sofia Amaral-Garcia, Nuno Garoupa
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Referierte Aufsätze Web of Science
Nonparametric efficiency analysis has become a widely applied technique to support industrial benchmarking as well as a variety of incentive-based regulation policies. In practice such exercises are often plagued by incomplete knowledge about the correct specifications of inputs and outputs. Simar and Wilson (Commun Stat Simul Comput 30(1):159–184, 2001) and Schubert and Simar (J Prod Anal 36(1):55–69, ...
In:
Journal of Productivity Analysis
45 (2016), 1, S. 35-51
| Anne Neumann, Maria Nieswand, Torben Schubert
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Referierte Aufsätze Web of Science
Motivated by the lack of literature linking actual to perceived relative deprivation, this paper assesses the role of visibility in goods and assets vis-à-vis income behind perceptions of relative deprivation. We rely on household survey data that include unique information on reported perceived deprivation with a pre-specified reference group, namely others in the same town or village. Based on a ...
In:
Social Indicators Research
124 (2015), 3, S. 765-783
| Veronika Bertram-Hümmer, Ghassan Baliki
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Referierte Aufsätze Web of Science
This article provides an introduction to the European Union (EU) Emissions Trading System (ETS). First we describe the legislative development of the EU ETS, its evolution from free allocation to auctioning and centralized allocation rules, its relationship to the Kyoto Protocol and other trading systems, and its relationship to other EU climate and energy policies. This is followed by an assessment ...
In:
Review of Environmental Economics and Policy
10 (2016), 1, S. 89-107
| Denny Ellerman, Claudio Marcantonini, Aleksandar Zaklan
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Referierte Aufsätze Web of Science
This paper investigates the mechanisms behind the health effects of retirement. Using a Regression Discontinuity Design to exploit financial incentives in the German pension system for identification, I find that retirement improves subjective health status and mental health, while also reducing outpatient care utilization. I explore a wide range of health behaviors, time use, and effect heterogeneity ...
In:
Journal of Health Economics
43 (2015), S. 1-12
| Peter Eibich
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Referierte Aufsätze Web of Science
In this paper, we develop a model to analyze the economics of carbon capture, transport, and storage (CCTS) in the wake of expected rising CO2 prices. We present a scalable mixed integer, multiperiod, welfare-optimizing network model for Europe, called CCTS-Mod. The model incorporates endogenous decisions on carbon capture, pipeline and storage investments, as well as capture, flow and injection quantities ...
In:
Environmental Modeling and Assessment
19 (2014), 6, S. 515-531
| Pao-Yu Oei, Johannes Herold, Roman Mendelevitch
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Referierte Aufsätze Web of Science
This paper argues that the development of energy systems rests on a combination of three different domains of socio-economic processes and associated modes of decision-making. For shorthand these are termed ‘satisficing’, ‘optimising’, and ‘transforming’ domains, with corresponding underpinnings found in behavioural, neoclassical, and evolutionary economics respectively. Each domain operates at different ...
In:
Technological Forecasting & Social Change
98 (2015), S. 290-302
| Michael Grubb, Jean-Charles Hourcade, Karsten Neuhoff
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Referierte Aufsätze Web of Science
Foundational to management is the idea that organizational decisions are a function of expected outcomes; hence, the customary empirical approach to employ multivariate techniques that regress performance outcome variables on discrete measures of organizational choices (e.g., investments, trainings, strategies and other managerial decision variables) potentially suffer from self-selection based endogeneity ...
In:
Organizational Research Methods
19 (2016), 2, S. 286-347
| Joseph A. Clougherty, Tomaso Duso, Johannes Muck
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Referierte Aufsätze Web of Science
While MNEs from emerging markets — and China in particular — tend to pay high acquisition premiums when they engage in cross-border acquisition activity, the determinants of this overbidding are not completely understood. We argue that state ownership is a key factor in explaining the high acquisition premiums paid by emerging-market multinationals. Employing data on 450 Chinese outward cross-border ...
In:
Long Range Planning
49 (2016), 5, S. 614-631
| Wenxin Guo, Joseph A. Clougherty, Tomaso Duso
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Weitere referierte Aufsätze
Die Fakten und Analysen zur Bedeutung der Industrie im internationalen Vergleich weisen eher nicht auf eine verallgemeinerbare Antwort auf die Frage hin, wie viel Industrie eine Volkswirtschaft braucht. Die angemessene oder – wenn man so will – optimale Bedeutung der Industrie lässt sich nur unter den spezifischen sektoralen und historischen Bedingungen eines Landes plausibilisieren. So dürfte die ...
In:
WSI-Mitteilungen
68 (2015), 7, S. 500-506
| Martin Gornig
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Referierte Aufsätze Web of Science
We provide an in-depth theoretical discussion about the differences between individual-specific latent constructs (representing attitudes, for example, but also other characteristics such as values or personality traits) and alternative-specific latent constructs (that may represent perceptions) affecting the choice-making process of individuals; we also carry out an empirical exercise to analyze their ...
In:
Transportation : Planning, Policy, Research, Practice
44 (2017), 3, S. 475-493
| Francisco J. Bahamonde-Birke, Uwe Kunert, Heike Link, Juan de Dios Ortúzar
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Referierte Aufsätze Web of Science
This article employs a simple model to describe bidding behavior in multi-unit uniform price procurement auctions when firms are capacity constrained. Using data from the New York City procurement auctions for power generating capacity, I find that firms use simple bidding strategies to coordinate on an equilibrium that extracts high rents for all bidders. I show theoretically and empirically that ...
In:
Rand Journal of Economics
46 (2015), 4, S. 730-750
| Sebastian Schwenen
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Referierte Aufsätze Web of Science
Spatial heterogeneity and spatial dependence are two well established aspects of house price developments. However, the analysis of differences in spatial dependence across time and space has not gained much attention yet. This paper jointly analyses these three aspects of spatial data. A panel smooth transition regression model is applied that allows for heterogeneity across time and space in spatial ...
In:
Urban Studies
54 (2017), 2, S. 466-481
| Katharina Pijnenburg
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Referierte Aufsätze Web of Science
Using inpatient discharge records from the Italian region of Piedmont, we estimate the impact of an increase in malpractice pressure brought about by experience-rated liability insurance on obstetric practices. Our identification strategy exploits the exogenous location of public hospitals in court districts with and without schedules for noneconomic damages. We perform difference-in-differences analysis ...
In:
Health Economics
24 (2015), 9, S. 1050-1064
| Sofia Amaral-Garcia, Paola Bertoli, Veronica Grembi
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Referierte Aufsätze Web of Science
Renewable portfolio standards (RPS) are the most common state-level policies for promoting renewable electricity in the United States. State RPS policies are heterogeneously designed, particularly with respect to their use of flexibility mechanisms that allow obligations to be met with renewable energy generated in other states. However, the renewable energy that is produced within an RPS-enacting ...
In:
Economics of Energy and Environmental Policy
4 (2105), No. 2, S. 127-142
| Gireesh Shrimali, Gabriel Chan, Steffen Jenner, Felix Groba, Joe Indvik
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Referierte Aufsätze Web of Science
Background. Excessive loss of muscle mass in advanced age is a major risk factor for decreased physical ability and falls. Physical activity and exercise training are typically recommended to maintain muscle mass and prevent weakness. How exercise in different stages of life relates to muscle mass, grip strength, and risk for weakness in later life is not well understood.Methods. Baseline data on 891 ...
In:
The Journals of Gerontology : Series A, Medical Sciences
71 (2016), 4, S. 515-520
| Peter Eibich, Nikolaus Buchmann, Martin Kroh, Gert G. Wagner, Elisabeth Steinhagen-Thiessen, Ilja Demuth, Kristina Norman
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Referierte Aufsätze Web of Science
Parental leave and subsidized child care are prominent examples of family policies supporting the reconciliation of family life and labor market careers for mothers. In this paper, we combine different empirical strategies to evaluate the employment effects of these policies for mothers with young children. In particular we estimate a structural labor supply model and exploit quasi-experimental variation ...
In:
Labour Economics
36 (2015), S. 84-98
| Johannes Geyer, Peter Haan, Katharina Wrohlich
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Referierte Aufsätze Web of Science
Economic policies rely on demographic projections. Yet in making these projections, researchers often ignore the aspect of household formation—despite sustained trends in many industrialized countries towards smaller household units with fewer members. Over the long term, this trend is likely to reduce the benefits of sharing goods/services within households (household economies of scale) at the micro-level, ...
In:
Oxford Economic Papers
67 (2015), 3, S. 760-780
| Carsten Schröder, Katrin Rehdanz, Daiju Narita, Toshihiro Okubo
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Referierte Aufsätze Web of Science
This study investigates the relationship between regional housing market fundamentals and energy consumption. We argue that dwellings, in particularly rental properties, are not only consumer goods, but also constitute financial market assets. Properties are spatially fixed and traded in regional contexts, where real estate market characteristics like vacancy, income levels, and expectations determine ...
In:
The Energy Journal
37 (2016), 4, S. 25-43
| Marius Claudy, Claus Michelsen
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Referierte Aufsätze Web of Science
Bond excess returns can be predicted by macro factors, however, large parts remain still unexplained. We apply a novel term structure model to decompose bond excess returns into expected excess returns (risk premia) and the innovation part. In order to explore these risk premia and innovations, we complement macro variables by financial condition variables as possible determinants of bond excess returns. ...
In:
Journal of Banking & Finance
58 (2015), S. 80-94
| Christoph Fricke, Lukas Menkhoff