Showing 1 - 10 of 29
Renewable energy deployment is growing rapidly on a global scale. China, Germany, Japan and the US are among the … countries with highest capacity of renewables installed. In Germany, for example, the large growth in renewable power generation …. Important results are exports and imports of RPG goods and services using assumptions regarding world market shares and trade …
Persistent link: https://www.econbiz.de/10010902700
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
COP17 in Durban revealed once again the general willingness to commit to the 2°-target and the difficulty to reach an international Post-Kyoto agreement until 2015. There is strong evidence from model-based analysis that economic costs of reaching the 2°-target will be below global GDP growth...
Persistent link: https://www.econbiz.de/10010887901
. We modified FGLS estimator to take into account multivariate GARCH error structure in estimating the model. World market …
Persistent link: https://www.econbiz.de/10010886654
The use of renewable energy (RE) sour ces plays a significant role in increa sing the security of energy supply and mitigating climate change. Whereas this role is und isputed, there is an ongoing discussion about the employment impacts of promoting RE deployment. So far no common methodological...
Persistent link: https://www.econbiz.de/10010902510
fraction of people that argument in favour of an exit strategy of Germany from the ECU or even the break-up of the ECU in total … comparative advantage / disadvantage of Germany’s membership in the ECU from a purely economic point of view. And thus, to …) Germany’s exit from the ECU (iii) worsening of the EU state budget crisis that cumulates in the rapture of the ECU …
Persistent link: https://www.econbiz.de/10010902519
The connectedness of international equity markets can be measured building on the well-established forecast error variance decomposition framework. This approach permits the assessment of the propagation of shocks (spillovers) across equity markets on a day-to-day basis. The focus of our...
Persistent link: https://www.econbiz.de/10010902532
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
In recent years Germany - like other countries  - has followed strategies to expand the share of renewable energy (RE … energy it can be expected that Germany will stay  in the lead with respect to reshaping the energy system. The rationale …
Persistent link: https://www.econbiz.de/10010902570
This paper studies the impact of credit rating agency (CRA) downgrade announcements on the value of the Euro and the yields of French, Italian, German and Spanish long-term sovereign bonds during the culmination of the Eurozone debt crisis in 2011-2012.GARCH modeling of sovereign bond yields and...
Persistent link: https://www.econbiz.de/10010902601