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Efficiency and Environmental Impacts of Electricity Restructuring on Coal-Fired Power Plants
Chan, H. Ron; Fell, Harrison; Lange, Ian A.; Li, Shanjun - 2013
We investigate the impacts of electricity market restructuring on fuel efficiency, utilization and, new to this area …, cost of coal purchases among coal-fired power plants using a panel data set from 1991 to 2005. Our study focuses … without. Our analysis finds that restructuring led to: (1) a two percent improvement in fuel efficiency for IOs, (2) a ten …
Persistent link: https://www.econbiz.de/10010292700
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Testing for convergence in stock markets : a non-linear factor approach
Caporale, Guglielmo Maria; Erdogan, Burcu; Kuzin, … - 2009
This paper applies the Phillips and Sul (2007) method to test for convergence in stock returns to an extensive dataset including monthly stock price indices for five EU countries (Germany, France, the Netherlands, Ireland and the UK) as well as the US over the period 1973-2008. We carry out the...
Persistent link: https://www.econbiz.de/10010274514
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Estimation of the TFP Gap for the Largest Five EMU Countries
Carstensen, Kai; Kießner, Felix; Rossian, Thies - 2023
In this paper we augment the Bayesian unobserved components model of the EU Commission to estimate the cyclical component of total factor productivity (TFP gap) with a factor structure to include a wide array of business cycle indicators. We demonstrate that this model extension considerably...
Persistent link: https://www.econbiz.de/10014290155
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Dimensions of Macroeconomic Uncertainty: A Common Factor Analysis
Henzel, Steffen; Rengel, Malte - 2014
Uncertainty about the future course of the economy is a possible driver of aggregate fluctuations. To identify the different dimensions of uncertainty in the macroeconomy we construct a large dataset covering all types of economic uncertainty. We then identify two fundamental factors which...
Persistent link: https://www.econbiz.de/10010420735
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Parental Time Restrictions and the Cost of Children : Insights from a Survey Among Mothers
Borah, Melanie - 2019
In this paper, we provide estimates of the subjectively perceived cost of children depending on the extent of parental … with children in Germany. Our study confirms that the monetary cost of children is substantial and increases with parental …
Persistent link: https://www.econbiz.de/10012892262
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Fertility Cost, Intergenerational Labor Division, and Female Employment
Yu, Haiyue - 2019
cost in the new retirement policy — the reduced feasibility of grandparental support, due to postponed retirements, may …
Persistent link: https://www.econbiz.de/10012892279
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Unlocking New Methods to Estimate Country-Specific Trade Costs and Trade Elasticities
Freeman, Rebecca; Larch, Mario; Theodorakopoulos, Angelos; … - 2021
We propose new methods to identify the full impact of country-specific characteristics on bilateral trade flows within the framework of ‘the new quantitative trade model.’ We complement theory with a simple two-stage estimating procedure, and offer a proof of concept by quantifying the...
Persistent link: https://www.econbiz.de/10013312849
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Exporting Costs and Multi-Product Shipments
Gomtsyan, David; Tarasov, Alexander - 2021
In this paper, employing transaction level data for Russian imports, we explore the role of multi-product shipments in explaining shipping patterns across countries. First, we document that firms from more developed countries include on average more different products into a single shipment. We...
Persistent link: https://www.econbiz.de/10013315049
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Fiscal Competition in Space and Time : An Endogenous-Growth Approach
Becker, Daniel Thomas; Rauscher, Michael - 2021
capital. The paper looks at optimal taxation and long-run growth. In particular, the effects of variations in the cost …
Persistent link: https://www.econbiz.de/10013316964
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The Effect of Child Care Costs on Gender Inequality
Casarico, Alessandra; Del Rey, Elena; Silva, José I. - 2022
We develop a model to study the impact on gender gaps in participation and wages of a liquidity constraint that prevents some households from paying child care. We show that this liquidity constraint generates an inefficiency and amplifies gender gaps in the labour market. In this framework, an...
Persistent link: https://www.econbiz.de/10014081045