potential challenges. In this paper we focus on contracts to procure electricity from renewable sources that are inherently … for grid congestion and electricity spot market prices should be of interest to regulators and transmission system …

is that the gains from trade, for Ireland at least, appear to lie on the export side. Interestingly, quitting trade leads …

Education yields substantial non-monetary benefits, but the size of these gains is still debated. Previous studies, for … example, report contradictory effects of education and compulsory schooling on mortality – ranging from zero to large … compulsory education both in the shorter and longer run. In contrast, compulsory schooling reforms have little or no effect on …

abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute …

We analyze changes in unemployment, marginal labor force attachment and participation in Canada and the U.S. Using two … complementary decompositions, we show the importance for the comparative evolution of aggregate unemployment of changes in the … marginally attached displaying behavior lying between unemployment and non-attachment. The three non-employment states are …

- cancy subsidy, a layoff tax and unemployment benefits. We derive analytical expressions for the optimal setting of each of … replacement rate of unemployment insurance should all rise in recessions. We find this confirmed in a calibration targeted to the …

The divergence of unemployment rates between the United States and Europe coincided with a substantial acceleration in … change. The proposed framework offers a novel explanation for the observed divergence of unemployment rates across economies … adoption. The results of the paper challenge the popular, but controversial, view that blames generous unemployment insurance …