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Economic consequences of a sudden stop of energy imports: The case of natural gas in Germany
Krebs, Tom - 2022
. According to recent simulation studies, the demand-side effects of an energy embargo (coal, oil, natural gas) reduce GDP between … 2 percent and 4 percent in the short run. These results underscore the high degree of uncertainty regarding the economic … to act as swiftly as possible to ensure independence from Russian energy imports. In addition, Germany's future energy …
Persistent link: https://www.econbiz.de/10013364499
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Economic consequences of a sudden stop of energy imports : the case of natural gas in Germany
Krebs, Tom - 2022 - This version: July 6th, 2022
. According to recent simulation studies, the demand-side effects of an energy embargo (coal, oil, natural gas) reduce GDP between … 2 percent and 4 percent in the short run. These results underscore the high degree of uncertainty regarding the economic … to act as swiftly as possible to ensure independence from Russian energy imports. In addition, Germany’s future energy …
Persistent link: https://www.econbiz.de/10013382497
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Economic consequences of a sudden stop of energy imports : the case of natural gas in Germany
Krebs, Tom - 2022
. According to recent simulation studies, the demand-side effects of an energy embargo (coal, oil, natural gas) reduce GDP between … 2 percent and 4 percent in the short run. These results underscore the high degree of uncertainty regarding the economic … to act as swiftly as possible to ensure independence from Russian energy imports. In addition, Germany’s future energy …
Persistent link: https://www.econbiz.de/10013266353
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Trade policy, income risk, and welfare
Krebs, Tom; Krishna, Pravin; Maloney, William F. - In: The review of economics and statistics 92 (2010) 3, pp. 467-481
Persistent link: https://www.econbiz.de/10008738548
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Multi-dimensional risk and the cost of business cycles
Krebs, Tom - In: Review of economic dynamics 9 (2006) 4, pp. 640-658
Persistent link: https://www.econbiz.de/10003387456
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Human capital, trade liberalization and income risk
Krebs, Tom; Krishna, Pravin; Maloney, William F. - 2007
Persistent link: https://www.econbiz.de/10003522018
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Human capital risk, contract enforcement, and the macroeconomy
Krebs, Tom; Kuhn, Moritz; Wright, Mark L. J. - 2011
"We develop a macroeconomic model with physical and human capital, human capital risk, and limited contract enforcement. We show analytically that young (high-return) households are the most exposed to human capital risk and are also the least insured. We document this risk-insurance pattern in...
Persistent link: https://www.econbiz.de/10009488539
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Income Risk, Income Mobility and Welfare
Krebs, Tom - 2012
This paper develops a framework for the quantitative analysis of individual income dynamics, mobility and welfare. Individual income is assumed to follow a stochastic process with two (unobserved) components, component representing measurement error or transitory income shocks and an...
Persistent link: https://www.econbiz.de/10011395539
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Human capital, trade liberalization, and income risk
Maloney, William - 2007
Using data from Mexico, the authors study empirically the link between trade policy and individual income risk and the extent to which this varies across workers of different human capital (education) levels. They use longitudinal income data on workers to estimate time-varying individual income...
Persistent link: https://www.econbiz.de/10010521633
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Trade policy, income risk, and welfare
Krebs, Tom - 2005
"This paper studies empirically the relationship between trade policy and individual income risk faced by workers, and uses the estimates of this empirical analysis to evaluate the welfare effect of trade reform. The analysis proceeds in three steps. First, longitudinal data on workers are used...
Persistent link: https://www.econbiz.de/10010522578