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Modelling long-run energy consumption under model uncertainty

Humer, Stefan; Csereklyei, Z. - EcoMod Network - 2012

The causality between energy consumption and real income in developed countries has been a very vital research topic in recent years. Raising concerns about climate change and global warming increase the pressure on policy makers to take action against energy depletion. Unfortunately these...

Persistent link: https://www.econbiz.de/10010886612

DIVERGENT OPTIMAL INFLATION RATES IN EURO AREA COUNTRIES OR "DOES ONE SIZE FIT ALL?"

Caraballo, Mª Ángeles; Efthimiadis, Tilemahos - EcoMod Network - 2012

The aim of this paper is to derive the optimal inflation rate for the Euro Area (EA) countries from the relationship between relative price variability (RPV). In order to achieve the above stated goal, we have utilized monthly data for the Harmonized Index of Consumer Prices between January 1997...

Persistent link: https://www.econbiz.de/10010902567

Are GDP Revisions Predictable? Evidence for Switzerland

Siliverstovs, Boriss - EcoMod Network - 2012

quarterly GDP growth rate in Switzerland during the period of the recent financial crisis. The key explanation to our findings … estimates of the quarterly GDP growth rate are produced in Switzerland.A mixed-frequency small-scale dynamic factor model is … into account.In this paper we constructed a small-scale mixed-frequency dynamic factor model using data for Switzerland …

Persistent link: https://www.econbiz.de/10010902526

The economic impact of climate driven changes in water availability in Switzerland

Faust, Anne-Kathrin; Gonseth, Camille; Vielle, Marc - EcoMod Network - 2012

Switzerland is already and will continue to be affected by climate change. In its fourth assessment report, the IPCC … change at a 2050 time horizon in Switzerland. This study employs GEMINI-E3, a computable general equilibrium model that is … Switzerland, and 18 different sectors. The sectoral structure of the model is being extended in order to assess the economic …

Persistent link: https://www.econbiz.de/10010902571

Directed Technological Change in a Bottom-Up/Top-Down CGE model: Analysis of Passenger Transport

Kulmer, Veronika - EcoMod Network - 2012

This study incorporates endogenous and directed technical change in a dynamic, general equilibrium framework, with a bottom-up representation of technologies. On the example of the Austrian transport sector this paper studies the economic impacts of a carbon tax and a subsidy in research and...

Persistent link: https://www.econbiz.de/10010886619

Climate change impacts on and adaptation measures for agriculture in Austria in 2020 and 2050: Linking bottom-up and top-down models

Koland, Olivia; Bednar-Friedl, Birgit; Schmid, Erwin; … - EcoMod Network - 2012

livestock sectors depend on their linkage with other sectors. Important suppliers for agriculture in Austria include (petro …

Persistent link: https://www.econbiz.de/10010887878

Estimation of the elasticity of substitution of production factors in CEE economies

Rečka, Lukáš - EcoMod Network - 2013

I estimate the elasticity of substitution between capital, labour and energy in Central and Eastern European countries to make CGE models more accurate. The CGE models often use elasticity of substitution of production factors estimated for another countries or average of elasticities taken from...

Persistent link: https://www.econbiz.de/10010887953

Do wage subsidies work in boosting economic inclusion? Evidence on e

Eppel, Rainer; Mahringer, Helmut - EcoMod Network - 2012

Developed countries are investing a considerable amount of financial resources on active labour market programs such as training schemes, employment subsidies and public sector job creation, aiming to tackle the problem of persisting unemployment. Along with their rising efforts in this field,...

Persistent link: https://www.econbiz.de/10010902560

Monetary Policy Trade-Offs in a Portfolio Model with Endogenous Asset Supply

Schüder, Stefan - EcoMod Network - 2011

This paper describes the development of a portfolio balance model for an open economy with endogenous asset supply. Domestic producers finance capital goods through credit and bonds according to debt capital costs as well as equity assets. Private households hold a portfolio of domestic and...

Persistent link: https://www.econbiz.de/10010902810

Guidelines for employment impact assessment of renewable energy deployment - gross employment studies

Nathani, Carsten; Schmid, Christian; Breitschopf, Barbara; … - EcoMod Network - 2012

The use of renewable energy (RE) sources plays a significant role in increasing the security of energy supply and mitigating climate change. Whereas this role is undisputed, there is an ongoing discussion about the employment impacts of promoting RE deployment. In the past years several studies...

Persistent link: https://www.econbiz.de/10010886627