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in Germany on the early stages of the epidemic, is not optimal. …
Persistent link: https://www.econbiz.de/10012252397
Climate change is predicted to substantially alter forest growth. Optimally, forest owners should take these future changes into account when making rotation decisions today. However, the fundamental uncertainty surrounding climate change makes predicting these shifts hard. Hence, this paper...
Persistent link: https://www.econbiz.de/10012015877
the US and develop a new approach for measuring the social value of forecast improvements. We find that pre …-landfall federal protective expenditures exponentially increase with the forecast wind speed and with the degree of uncertainty about … the forecast. Correspondingly, we find that forecast errors are costly: underestimating wind speed results in damages and …
Persistent link: https://www.econbiz.de/10013426083
whether our in-sample conclusions hold up. We examine model performance at various forecast horizons (1 quarter, 4 quarters …
Persistent link: https://www.econbiz.de/10011507659
Germany. We initially employ a purely statistical approach to predicting prevalence of COVID19 if RSC were upheld after April …, these activities can most easily be identified if federal states of Germany adopted exit strategies that differ across …
Persistent link: https://www.econbiz.de/10012206629
I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot …
Persistent link: https://www.econbiz.de/10010412091
The effects of extreme weather events, such as heat waves and droughts, are taken into account in both global and European policies. Accordingly, the protection of critical infrastructures and in particular, the resilience of the energy sector was the subject of intense research. There are...
Persistent link: https://www.econbiz.de/10012299466
Persistent link: https://www.econbiz.de/10003712570
Most European economies will experience significant demographic changes in the decades ahead. Due to low birth rates, populations are shrinking and ageing at the same time. This paper explores the impact of demographic change on the banking industry. A unique data set, which contains detailed...
Persistent link: https://www.econbiz.de/10003925219
We examine whether German state governments manipulated fiscal forecasts before elections. Our data set includes three fiscal measures over the period 1980-2014. The results do not show that electoral motives influenced fiscal forecasts in West German states. By contrast, East German state...
Persistent link: https://www.econbiz.de/10011597259