Showing 1 - 10 of 156
Employing a continuous-time real options modeling framework, this paper scrutinizes the incentives to invest in German offshore wind farms. The focus of the analysis is the mode of action of the German feed-in tariff system for offshore wind energy deployment. The numerical results reveal that...
Persistent link: https://www.econbiz.de/10013019855
Subsidies to renewable energy are costly and contentious. We estimate the reduction in prices that follows from the subsidized entry of wind power in the Nordic electricity market. A relatively small-scale entry of renewables leads to a large-scale transfer of surplus from the incumbent...
Persistent link: https://www.econbiz.de/10012964381
The Clean Development Mechanism (CDM) is a project-based carbon trade mechanism that subsidizes the users of climate-friendly technologies and encourages technology transfer. The CDM has provided financial support for a large share of Chinese wind projects since 2002. Using pooled...
Persistent link: https://www.econbiz.de/10013055392
A large literature following Hirsch (2005) has proposed citation-based indexes that could be used to rank academics. This paper examines how well several such indexes match labor market outcomes using data on the citation records of young tenured economists at 25 U.S. departments. Variants of...
Persistent link: https://www.econbiz.de/10013137445
This articles investigates the recent trends in co-authorship in economics. Using data from more than 700.000 journal …
Persistent link: https://www.econbiz.de/10013014982
This paper studies general equilibrium when workers in the economy are also consumers of final goods. Once a firm and a worker are matched, there is a standard moral hazard problem. However, the firm's profit depends on the price of the good the worker produces, and the price is determined by...
Persistent link: https://www.econbiz.de/10012964063
to several categories of literature in language economics. It consolidates the respective literature lists used by the …
Persistent link: https://www.econbiz.de/10013013097
which the uncertainty created by the tenure system affects satisfaction varies with the contract terms. The effect is …
Persistent link: https://www.econbiz.de/10013040007
We analyze the choice politicians face when seeking votes from groups that lobby for sales tax rate decreases or from groups that lobby for certain tax exemptions, given the constraint that politician wants to raise a certain amount of revenue. Using the application of sales taxes and sales tax...
Persistent link: https://www.econbiz.de/10013044671
the market: That's what Political Economy, understood as the application of economics to the study of political processes …-interested, unlike the benevolent despot of earlier models. History repeats itself with the rise of behavioral economics: Assuming … in a “benevolent” way. Recently, however, political economists have started to apply behavioral economics insights to the …
Persistent link: https://www.econbiz.de/10013045928