Showing 1 - 10 of 291
required in the heating sector, but also that other external factors will be of paramount importance, including the electricity …Buildings’ heating represents an important share of the total energy consumption in Italy, and to reach the challenging … presents an analysis of different scenarios comparing the penetration of buildings’ heating technologies for the residential …
Persistent link: https://www.econbiz.de/10012605970
Increasing the realism with respect to the representation of actors, decision-making, and institutions is critical to better understand the transition towards a low-carbon sustainable society since actors, decision-making, and institutions are the defining elements of transition pathways. In...
Persistent link: https://www.econbiz.de/10011816749
droughts and high temperatures. We investigate increases in the wholesale electricity price and price volatility and develop a …
Persistent link: https://www.econbiz.de/10012419713
This paper has two objectives. First it provides a correlation between internal and external barriers to energy efficiency and consumer behaviour related to two domains. It evaluates behaviour related to energy curtailment, which represents routine, repetitive effort to decrease consumption on a...
Persistent link: https://www.econbiz.de/10011816769
Hydrogen is currently enjoying a renewed and widespread momentum in the energy market. In the last years, demand for hydrogen has substantially increased worldwide, with several countries developing hydrogen national strategies, and private companies investing in the development of hydrogen...
Persistent link: https://www.econbiz.de/10012419714
We infer determinants of Latin American hyperinflations and stabilizations by using the method of maximum likelihood to estimate a hidden Markov model that potentially assigns roles both to fundamentals in the form of government deficits that are financed by money creation and to destabilizing...
Persistent link: https://www.econbiz.de/10010292362
This paper examines the effects of monetary policy shocks on UK regional economic growth and dispersion in a novel Constrained Mixed Frequency Vector Autoregressive framework. Compared to a standard MFVAR, the model partially accounts for missing quarterly observations for regional growth by...
Persistent link: https://www.econbiz.de/10011380981
We estimate a 'Hybrid New-Keynesian Phillips Curve' for Argentina between 1993 and 2007. We extend the model to a small open economy, considering separately the influence of nominal devaluation and foreign inflation on domestic prices. For the whole sample, we find that forward and...
Persistent link: https://www.econbiz.de/10010325089
This paper uses a range of structural VARs to show that the response of US stock prices to fiscal shocks changed in 1980. Over the period 1955-1980 an expansionary spending or revenue shock was associated with modestly higher stock prices. After 1980, along with a decline in the fiscal...
Persistent link: https://www.econbiz.de/10011927984
This paper identifies shocks to the Federal Reserve's inflation target as VAR innovations that make the largest contribution to future movements in long-horizon inflation expectations. The effectiveness of this scheme is documented via Monte-Carlo experiments. The estimated impulse responses...
Persistent link: https://www.econbiz.de/10011927987