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20 Years of German Unification: Evidence on Income Convergence and Heterogeneity
Brück, Tilman; Peters, Heiko - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
We analyse the convergence and heterogeneity of living standards between East and West Germany since unification. Based …, including retirees and the unemployed, of East and West Germany over the fifteen years for which data are available. Using a … highest negative income gap. This probably reflects out-migration from East Germany by the young and highly skilled. On the …
Persistent link: https://www.econbiz.de/10008461814
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The Effect of Market Power on Electricity Storage Utilization: The Case of Pumped Hydro Storage in Germany
Schill, Wolf-Peter; Kemfert, Claudia - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
In this paper, we develop the game-theoretic electricity market model ElStorM that includes the possibility of strategic electricity storage. We apply the model to the German electricity market and analyze different realistic and counterfactual cases of strategic and non-strategic pumped hydro...
Persistent link: https://www.econbiz.de/10008541303
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Gone with the Wind?: Electricity Market Prices and Incentives to Invest in Thermal Power Plants under Increasing Wind Energy Supply
Traber, Thure; Kemfert, Claudia - DIW Berlin (Deutsches Institut für Wirtschaftsforschung) - 2009
The increased wind energy supplied to many electricity markets around the world has to be balanced by reliable back upunits or other complementary measures when wind conditions are low. At the same time wind energy impacts both, the utilization of thermal power plants and the market prices....
Persistent link: https://www.econbiz.de/10005069071