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carbon emissions. In the domestic sector, these targets can be achieved by improving space heating efficiency and, hence …, decrease heating expenditures. However, before implementing policy measures it is necessary to better understand determinants … of heating expenditures. In this paper, we examine determinants of heating expenditures which include socio-economic and …
Persistent link: https://www.econbiz.de/10005818910
Over the past 15 years there has been remarkable progress in the specification and estimation of dynamic stochastic general equilibrium (DSGE) models. Central banks in developed and emerging market economies have become increasingly interested in their usefulness for policy analysis and...
Persistent link: https://www.econbiz.de/10005083409
This paper proposes an approach for estimating the uncertainty associated with model-based macroeconomic forecasts. We argue that estimated forecast intervals should account for the uncertainty arising from selecting the specification of an empirical forecasting model from the sample data. To...
Persistent link: https://www.econbiz.de/10005700569
Sustainable intensification of Ghana’s smallholder farming is critical to mitigate rural poverty. Innovations for sustainable intensification include agro-ecological practices, which build up soil fertility, and mulching, which conserves soil moisture. To stimulate the adoption of these...
Persistent link: https://www.econbiz.de/10010960600
Using real-time data, we analyze how the systematic expectation errors of professional forecasters in 19 advanced economies depend on the state of the business cycle. Our results indicate that the general result that forecasters systematically overestimate output growth (across all countries)...
Persistent link: https://www.econbiz.de/10011208173
This paper presents a modeling comparison project on how the 2°C climate target could affect economic and energy systems development in China and India. The analysis uses a framework that harmonizes baseline developments and soft-links seven national and global models being either economy wide...
Persistent link: https://www.econbiz.de/10010886986
In this paper we reexamine the Feldstein-Horioka finding of limited international capital mobility by using a broader view (i.e., including human capital) of investment and saving. We find that the Feldstein-Horioka result is impervious to this change.
Persistent link: https://www.econbiz.de/10005083333
This paper deals with the German government's proposal to Iiberalize the domestic electricity supply industry. The … government bill aims to establish a retail wheeling model in the electricity transmission and distribution System. The Opposition …
Persistent link: https://www.econbiz.de/10009276289
This paper deals with the electricity reforms (1990-1996) in three Scandinavian Couiitries: Norway, Sweden and Finland …. Of Special importance for the efficiency in the sector is the question, whether the re-regulation of the electricity … transport business is accompanied by a comprehensive liberalisation of electricity trade. The extent of this liberalisation …
Persistent link: https://www.econbiz.de/10009276738
This paper deals with the efficiency characteristics of alternative governance structures in the electricity sector …. The analysis begins with the description of some technical aspects of the electricity supply industry. The goal is to … establish efflcient governance structures in the electricity sector. Furthermore, the welfare implications of the resulting …
Persistent link: https://www.econbiz.de/10009277651