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Referierte Aufsätze Web of Science
This research studies the stylized fact of a “gender gap” in that women tend to have lower financial literacy than men. Our data which samples middle-class people from Bangkok does not show a gender gap for those with at least minimum wage earnings. This result is not explained by men’s low financial literacy, nor by women’s high income and good education. Rather, country characteristics may influence ...
In:
Journal of Behavioral and Experimental Finance
31 (2021), 100537, 10 S.
| Antonia Grohmann, Olaf Hübler, Roy Kouwenberg, Lukas Menkhoff
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Referierte Aufsätze Web of Science
A major challenge for proxy vector autoregressive analysis is the construction of a suitable external instrument variable or proxy for identifying a shock of interest. Some authors construct sophisticated proxies that account for the dating and size of the shock while other authors consider simpler versions that use only the dating and signs of particular shocks. It is shown that such qualitative (sign-)proxies ...
In:
Journal of Economic Dynamics & Control
127 (2021), 104118, 17 S.
| Lukas Boer, Helmut Lütkepohl
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Referierte Aufsätze Web of Science
Despite Rawls’ famous call to distinguish between justice and fairness, these and other justice-related words often seem to be used interchangeably by both ordinary people and justice researchers. Based on a survey-embedded question wording experiment (N = 4534) fielded in Germany as part of the GESIS Panel, we explore the effects of three justice words— “just,” “fair,” and “appropriate”—on the sense ...
In:
Social Justice Research
34 (2021), S. 397–427
| Jule Adriaans, Stefan Liebig, Clara Sabbagh, Guillermina Jasso
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Referierte Aufsätze Web of Science
We study a merger between two Dutch supermarket chains to assess its effect on the depth as well as composition of assortment. We adopt a difference-in-differences strategy that exploits local variation in pre-merger competitive conditions and thus in the merger outcomes. To define our control group, we account for selection on observables through a matching procedure. We observe that, after the merger, ...
In:
International Journal of Industrial Organization
79 (2021), 102789, 19 S.
| Elena Argentesi, Paolo Buccirossi, Roberto Cervone, Tomaso Duso, Allessia Marrazzo
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Referierte Aufsätze Web of Science
We provide a description of ownership patterns in the top 25 European banks for the period 2003–2015, where we especially focus on the global financial crisis. Investment managers, such as Blackrock, are dominant in terms of number of blockholdings in different banks, maintaining fairly stable “common ownership” networks throughout our sample. However, the financial crisis led to capital injections ...
In:
Journal of Competition Law & Economics
18 (2022), 1, S. 135–167
| Albert Banal-Estañol, Nuria Boot, Jo Seldeslachts
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Referierte Aufsätze Web of Science
This paper aims to quantify the relation between real GDP, CO2 emissions, renewable and nonrenewable energy consumption, tourism development and labor force for France and Germany as these two countries are pioneer countries pushing Paris agreement within and outside the European Union. The time spans have been used for the period of 1995–2015 according to data availability. In the presence of cross-sectional ...
In:
Renewable Energy
172 (2021), S. 88-99
| Xuejiao Ma, Najid Ahmad, Pao-Yu Oei
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Referierte Aufsätze Web of Science
This paper shows that labor demand plays an important role in the labor market reactions to a pension reform in Germany. Employers with a high share of older worker inflow compared with their younger worker inflow, employers in sectors with few investments in research and development, and employers in sectors with a high share of collective bargaining agreements allow their employees to stay employed ...
In:
Industrial Relations
61 (2022), 2, S. 152-192
| Johannes Geyer, Peter Haan, Svenja Lorenz, Thomas Zwick, Mona Bruns
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Referierte Aufsätze Web of Science
As the policy debate on entrepreneurship increasingly centers on firm growth in terms of job creation, it is important to understand whether the personality of entrepreneurs drives the first hiring in their firms. Using the German Socio-Economic Panel (SOEP), we analyze to what extent personality traits influence the probability of becoming an employer. The results indicate that personality matters. ...
In:
Industrial and Corporate Change
31 (2022), 3, S. 736–761
| Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
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Referierte Aufsätze Web of Science
Economic inequality is rising globally and due to developments in information technologies and globalization, nowadays individuals are more exposed to such an inequality than ever. Recent studies show that exposure to inequality may shape economic decisions. In this article, we test whether contributions in the public goods game are sensitive to information about inequality of personal benefits between ...
In:
Journal of Behavioral and Experimental Economics
92 (2021), 101679, 10 S.
| Pablo Brañas-Garza, Elena Molis, Levent Neyse
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Referierte Aufsätze Web of Science
This paper evaluates a widely used, low stakes, teacher peer-to-peer observation and feedback program under Randomized Control Trial (RCT) conditions. Half of 181 volunteer primary schools in England were randomly selected to participate in a two-year program in which three fourth and fifth grade teachers observed each other. We find that two cohorts of students taught by treated teachers perform no ...
In:
Economics of Education Review
82 (2021), 102091, 18 S.
| Richard Murphy, Felix Weinhardt, Gill Wyness
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Referierte Aufsätze Web of Science
The experimental literature on antitrust enforcement provides robust evidence that communication plays an important role for the formation and stability of cartels. We extend these studies through a design that distinguishes between innocuous communication and communication about a cartel, sanctioning only the latter. To this aim, we introduce a participant in the role of the competition authority, ...
In:
International Journal of Industrial Organization
76 (2021), 102728, 25 S.
| Maximilian Andres, Lisa Bruttel, Jana Friedrichsen
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Referierte Aufsätze Web of Science
With the energy sector being one of the largest sources of global greenhouse-gas emissions, a swift change in the ways of energy generation and consumption is needed for a fulfilment of climate goals. But while the existence of global warming and the resulting need for action are widely agreed upon, there is a lot of discussion around the concrete measures and their timeline. A major cause of this ...
In:
Energy
239 (2022), Part A, 121901, 19 S.
| Konstantin Löffler, Thorsten Burandt, Karlo Hainsch, Pao-Yu Oei, Frederik Seehaus, Felix Wejda
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Referierte Aufsätze Web of Science
The aim of this paper is to showcase different decarbonization pathways for Europe with varying Carbon dioxide (CO2) constraints until 2050. The Global Energy System Model (GENeSYS-MOD) framework, a linear mathematical optimization model, is used to compute low-carbon scenarios for 17 European countries or regions. The sectors power, low- and high- temperature heating, and passenger and freight transportation ...
In:
The Energy Journal
42 (2021), 5, S. 41-66
| Karlo Hainsch, Thorsten Burandt, Konstantin Löffler, Claudia Kemfert, Pao-Yu Oei, Christian von Hirschhausen
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Referierte Aufsätze Web of Science
This paper examines medium and long-term perspectives for global steam coal production and trade, considering the potential impacts of the COVID-19 pandemic and plausible recovery scenarios in its aftermath. We use an interdisciplinary approach to develop a range of stylized global coal demand scenarios until 2040 depicting the influence of the COVID-19 pandemic and resulting recovery stimuli. Additional ...
In:
Applied Energy
288 (2021), 116564, 16 S.
| Paola Yanguas Parra, Christian Hauenstein, Pao-Yu Oei
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Referierte Aufsätze Web of Science
For climate change mitigation, a rapid phase-out of fossil fuels such as coal is necessary. This has far-reaching gender-specific consequences. This paper presents a systematic map of the literature that examines the impact of historical coal phase-out processes on women and their role in these processes. The search process consisted of screening over 3100 abstracts and reading 247 full-text studies. ...
In:
Energies
14 (2021), 18, 5985, 27 S.
| Paula Walk, Isabell Braunger, Josephine Semb, Carolin Brodtmann, Pao-Yu Oei, Claudia Kemfert
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Referierte Aufsätze Web of Science
The power sector needs to ensure a rapid transition towards a low-carbon energy system to avoid the dangerous consequences of greenhouse gas emissions. Storage technologies are a promising option to provide the power system with the flexibility required when intermittent renewables are present in the electricity generation mix. This paper focuses on the role of electricity storage in energy systems ...
In:
Energy Policy
151 (2021), 112159, 19 S.
| Sara Giarola, Anahi Molar-Cruz, Kathleen Vaillancourt, Olivier Bahn, Luis Sarmiento, Adam Hawkes, Maxwell Brown
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Referierte Aufsätze Web of Science
Air pollution’s influence on cognitive productivity is a highly relevant and not fully understood economic issue. This study provides evidence of an adverse effect of exposure on the productivity of Mexican judicial workers. The empirical strategy approximates productivity with the length of the hearing and infers causality through instrumental variable panel models. Results show that nitrogen dioxides ...
In:
The Scandinavian Journal of Economics
124 (2022), 1, S. 301-332
| Luis Sarmiento
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Referierte Aufsätze Web of Science
The transformation of the electricity sector is a central element of the transition to a decarbonized economy. Conventional generators powered by fossil fuels have to be replaced by variable renewable energy (VRE) sources in combination with electricity storage and other options for providing temporal flexibility. We discuss the market dynamics of increasing VRE penetration and its integration in the ...
In:
Annual Review of Resource Economics
13 (2021), S. 443-467
| Javier López Prol, Wolf-Peter Schill
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Referierte Aufsätze Web of Science
Different options for a reform of the EU Emissions Trading System are discussed to ensure carbon price incentives for mitigation options in the basic materials sector, while minimizing carbon leakage risks. This paper quantifies carbon leakage risks, distributional implications, and additional revenues associated with an import-only border carbon adjustment (BCA), a symmetric (import and export) BCA, ...
In:
Ecological Economics
189 (2021), 107168, 15 S.
| Jan Stede, Stefan Pauliuk, Gilang Hardadi, Karsten Neuhoff
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Referierte Aufsätze Web of Science
We estimate the dynamic effects of government spending shocks, using time-varying volatility in US data modeled through a Markov switching process. We find that the average government spending multiplier is significantly and persistently above one, driven by a crowding-in of private consumption and non-residential investment. We rationalize the results empirically through a contemporaneously countercyclical ...
In:
Journal of Public Economics
203 (2021), 104513, 18 S.
| Jan Philipp Fritsche, Mathias Klein, Malte Rieth