The relationship between politics and scientific policy advice is still characterized by misunderstandings on both sides. A major point of criticism from the political arena is repeatedly the lacking concern for reality in economics. This problem, however, is at least partly homemade, as the...

This paper estimates demand elasticities for the Turkish mobile telecommunication market. In contrast to most other studies, firm level data is used to estimate dynamic panel data models including instrumental variable techniques. Both short- and long-run elasticities are calculated, yielding a...

The German reserve power market was subject to important regulatory changes in recent years. A new market design was created by synchronization and interconnection of the four control areas. In this paper, we analyze whether or not the reforms led to lower prices for minute reserve power (MRP)....

Die Energiewende ist eine bedeutende gesellschaftliche und ökonomische Herausforderung. Angestrebt wird die Abkehr von Kernenergie und fossilen Energieträgern. An ihre Stelle sollen erneuerbare Energien treten. Wir begrüßen, dass die FDP-Landtagsfraktion in einem höheren Maße...