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Electricity prices, river temperatures and cooling water scarcity

McDermott, Grant R.; Nilsen, Øivind Anti - 2012

Thermal-based power stations rely on water for cooling purposes. These water sources may be subject to incidents of scarcity, environmental regulations and competing economic concerns. This paper analyses the effect of water scarcity and increased river temperatures on German electricity prices...

Persistent link: https://www.econbiz.de/10010289954

Risk, delegation, and project scope

Roider, Andreas - 2007

exogenous risk and delegation. That is, we show that only if exogenous risk is sufficiently large, the risk-neutral principal … may prefer to delegate authority over decisions to the risk-averse agent. Intuitively, for incentive reasons, the … principal may optimally want to allow the agent to reduce his risk exposure. Nevertheless, even endogenous risk may be higher …

Persistent link: https://www.econbiz.de/10010268503

The gender wage gap as a function of educational degree choices in an occupationally segregated EU country

Livanos, Ilias; Pouliakas, Konstantinos - 2009

in the type of degree studied can explain an additional 8.4% of the male-female pay gap. Risk-augmented earnings …

Persistent link: https://www.econbiz.de/10010269462

Heterogeneous life-cycle profiles, income risk and consumption inequality

Primiceri, Giorgio E.; van Rens, Thijs - 2007

Was the increase in income inequality in the US due to permanent shocks or merely to an increase in the variance of transitory shocks? The implications for consumption and welfare depend crucially on the answer to this question. We use CEX repeated cross-section data on consumption and income to...

Persistent link: https://www.econbiz.de/10010276396

Risk, institutions and growth: Why England and not China?

Greif, Avner; Iyigun, Murat; Sasson, Diego - 2011

We analyze the role of risk-sharing institutions in transitions to modern economies. Transitions requires individual …-level risk-taking in pursuing productivity-enhancing activities including using and developing new knowledge. Individual …-level, idiosyncratic risk implies that distinct risk-sharing institutions - even those providing the same level of insurance - can lead to …

Persistent link: https://www.econbiz.de/10010278525

Water scarcity and birth outcomes in the Brazilian semiarid

Rocha, Rudi; Soares, Rodrigo Reis - 2012

This paper analyzes the impact of rainfall fluctuations during the gestational period on health at birth. We concentrate on the semiarid region of Northeastern Brazil to highlight the role of water scarcity as a determinant of early life health. We find that negative rainfall shocks are robustly...

Persistent link: https://www.econbiz.de/10010287719

Water Scarcity and Social Conflict

Unfried, Kerstin; Kis-Katos, Krisztina; Poser, Tilman - 2021

Climate change and the increasing demand of water intensify the global water cycle, altering the distribution of water in space and time. This is expected to result in wet areas getting wetter and dry areas getting drier (Pan et al., 2015). As water is key to life, water scarcity is likely to...

Persistent link: https://www.econbiz.de/10012658286