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How does Climate Change Affect the Transition of Power Systems: the Case of Germany
Golub, Alexander; Govorukha, Kristina; Mayer, Philip; … - 2020
The effects of extreme weather events, such as heat waves and droughts are taken into account in both global and … extreme weather events, in particular, droughts and high temperatures, for the German power sector. Furthermore, we consider … droughts. We stress that increasing frequencies of such extreme weather events will aggravate the observed problem, especially …
Persistent link: https://www.econbiz.de/10012419713
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Measuring sustainability under regime shift uncertainty: A resilience pricing approach
Li, Chuan-Zhong; Mäler, Karl-Göran - 2010
This paper is concerned with the theory of resilience pricing and sustainability measurement in the presence of risk for regime shift in a dynamic economy-environment system. Following Holling (1973),we consider resilience as the maximal perturbation that the system can absorb without flipping...
Persistent link: https://www.econbiz.de/10010321419
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Analysing mechanisms for meeting global emissions target: A dynamical systems approach
Ranganathan, Shyam; Swain, Ranjula Bali - 2014
irreversible climate change. Employing a novel dynamical system modeling approach, we predict that in a business-asusual scenario …
Persistent link: https://www.econbiz.de/10011396730
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Actors, Decision-making, and Institutions in Quantitative System Modelling
De Cian, Enrica; Dasgupta, Shouro; Hof, Andries F.; van … - 2017
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
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Journey into the unknown? Economic consequences of factor market integration under increasing returns to scale
Schäfer, Andreas; Steger, Thomas - 2012
What are the dynamic consequences of comprehensive integration shocks? The answer to this question appears all but trivial. We set up a dynamic macroeconomic model of a small open economy where both capital and labor are mobile and there are increasing returns to scale at the aggregate level....
Persistent link: https://www.econbiz.de/10010309230
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Migration, capital formation, and house prices
Grossmann, Volker; Schäfer, Andreas; Steger, Thomas M. - 2013
We investigate the effects of interregional labor market integration in a twosector,overlapping-generations model with land-intensive production in the nontradable goods sector (housing). To capture the response to migration on housing supply, capital formation is endogenous, assuming that firms...
Persistent link: https://www.econbiz.de/10010311760
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Economic transition, dualism, and informality in India
Kesar, Surbhi - 2019
In much of the literature on economic development, sustained economic growth is expected to be accompanied by several interrelated processes of structure change, which involve a shift in economic activities from "traditional"/agricultural/informal to "modern"/industrial/formal sectors. Such...
Persistent link: https://www.econbiz.de/10012059911
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Gender, wages and social security in China's industrial sector
Rickne, Johanna - 2010
This study compares average earnings and productivities for men and women employed in roughly 200,000 Chinese industrial enterprises. Women's average wages lag behind men's wages by 11%, and this result is robust to the inclusion of non-wage income in the form of social insurance payments. The...
Persistent link: https://www.econbiz.de/10010321393
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Population growth and carbon emissions
Casey, Gregory; Galor, Oded - 2016
, eliminating a trade-off central to most policies aimed at slowing global climate change. We estimate the effect of lower fertility … could be a part of the approach to combating global climate change. …
Persistent link: https://www.econbiz.de/10011669327
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Zur Reduzierung niederschlagsbedingterProduktionsrisiken mit Wetterderivaten
Mußhoff, Oliver; Odening, Martin; Xu, Wei - Universität <Berlin, Humboldt-Universität> / … - 2005
In this paper we price a precipitation option based on empirical weather data from Germanyusing different pricing … that a considerable risk remainswith producers who are located remotely from the weather station. Another finding isthat … weather derivatives. …
Persistent link: https://www.econbiz.de/10009302563