Nonlinear autoregressive Markov regime-switching models are intuitive and frequently proposed time series approaches for the modelling of electricity spot prices. In this paper such models are compared to an ordinary linear autoregressive model with regard to their forecast performance. The...

The liberalization of electricity markets has triggered research in econometric modelling and forecasting of electricity spot prices. Moreover, both the demand and the supply of electricity are subject to weather conditions. Therefore, we examine the relation between hourly electricity spot...

Compared with the broad supply of literature measuring socioeconomic gradients in the distribution of health, only little is know about the life course perspective regarding income related inequalities. This article combines the reowned concentration index approach with semiparametric estimation...