Showing 1 - 10 of 16
broad set of topics including the foundations of leadership, leader emergence, and leader effectiveness. At the same time …
Persistent link: https://www.econbiz.de/10011560801
electricity is low and net-availability and transport capacity high. Accounting for periods of gas specific pricing is relevant … prevalent in recent years, i.e., we find no evidence of underinvestment in capacity after deregulation. …
Persistent link: https://www.econbiz.de/10010212645
How do firms adjust their output, inventories, employment and capital in response to demandsideshocks? To understand this, we estimate a reduced-form model using firm-level panel dataand we construct a theoretical model that can match the estimated impulse-response functions.A combination of...
Persistent link: https://www.econbiz.de/10012428917
We study optimal selling strategies of a seller who is poorly informed about the buyer’s value for the object. When the maxmin seller only knows that the mean of the distribution of the buyer's valuations belongs to some interval then nature can keep him to payoff zero no matter how much...
Persistent link: https://www.econbiz.de/10011298549
The optimal social cost of carbon is in general equilibrium proportional to GDP if utility is logarithmic, production is Cobb-Douglas, depreciation in 100% every period, climate damages as fraction of production decline exponentially with the stock of atmospheric carbon, and fossil fuel...
Persistent link: https://www.econbiz.de/10010257341
Assessing the robustness of the results of econometric analysis is a long standing subject of lively research. The … that increased attention to influential sets is warranted and comprehensive robustness measures for regression analysis are …
Persistent link: https://www.econbiz.de/10012494906
-averse decision-makers, who make trade-offs between subjective expected performance and robustness. This framework accounts for … sample size is large enough or robustness is an important concern. We illustrate the practical value of such a framework by … studying the issue of rerandomization. Rerandomization creates a trade-off between subjective performance and robustness …
Persistent link: https://www.econbiz.de/10011735910
The supply of allowances in the European Union Emissions Trading System is determined within a rigid allocation programme. A reform of the EU ETS intends to make allowances allocation exible and contingent on the state of the system. We model the emissions market under adjustable allowance...
Persistent link: https://www.econbiz.de/10010531103
Using a rich data set on the EU regions, we analyze the relevance of two possible determinants of a region's resilience … that started in 2008, as our shock and then analyze how the NUTS II EU regions differ in their resilience to the crisis in … their resilience to shocks but it typically remains unclear as to why regions differ in this respect. For the 2008- 2012 …
Persistent link: https://www.econbiz.de/10010337597
We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China, production complexity - that determine different potential vulnerabilities of traded products to the COVID-19 pandemic. Relying on monthly exports at the product level by all...
Persistent link: https://www.econbiz.de/10013167964