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passenger road traffic, total external costs amount to about 44 ECU/1000 pkm on the route Frankfurt -Milan, including the impact … of the transport modes, external costs of passenger road traffic are about 9 times as high as those of rail traffic and … about twice as high as those of air traffic. For goods transport by road, the total external costs (30.6 ECU/1000 tkm) are …
Persistent link: https://www.econbiz.de/10011441052
In the European Union (EU) and in Germany the transport sector is the only sector with increasing CO2 emissions (in the … EU by about 32 % and in Germany by about 1 % since 1990). Especially in road freight and air transport a further strong …
Persistent link: https://www.econbiz.de/10003751444
This paper examines return predictability when the investor is uncertain about the right state variables. A novel feature of the model averaging approach used in this paper is to account for finite-sample bias of the coefficients in the predictive regressions. Drawing on an extensive...
Persistent link: https://www.econbiz.de/10003728591
large economies, USA, United Kingdom, Germany, France and Japan. The empirical results show that although the pure NGARCH …
Persistent link: https://www.econbiz.de/10003670896
Persistent link: https://www.econbiz.de/10001945539
We investigate whether time-persistent cultural borders impede economic exchange across regions of the same country. To measure cultural differences we evaluate, for the first time in economics, linguistic micro-data about phonological and grammatical features of German dialects. These data are...
Persistent link: https://www.econbiz.de/10010266077
This study examines the long-memory properties of German energy price indices (specifically, import and export prices, as well as producer and consumer prices) for hard coal, lignite, mineral oil and natural gas adopting a fractional integration modelling framework. The analysis is undertaken...
Persistent link: https://www.econbiz.de/10010288234
Labour market reforms that are designed to stimulate labour supply at the lower end of the wage distribution can never be precisely restricted to affect only the target group. Spillovers to and feedback from other segments of the labour market are unavoidable and may counteract the direct...
Persistent link: https://www.econbiz.de/10003728424
Arbeitsmarktentwicklung und die Arbeitsmarktprobleme in Deutschland. Vor diesem Hintergrund erfolgt eine Analyse und Bewertung der Reform von …
Persistent link: https://www.econbiz.de/10003650257
. Our empirical investigation rests upon a survey of more than 1,100 innovative firms in Germany. Our survey puts us in the …
Persistent link: https://www.econbiz.de/10003738701