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With the introduction of the exchange-traded German wind power futures, opportunities for German wind power producers to hedge their volumetric risk are present. We propose two continuous-time multivariate models for the wind power utilization at different wind sites, and discuss the properties...
Persistent link: https://www.econbiz.de/10012858036
The liberalization of energy markets worldwide during recent decades has introduced severe implications on the price …
Persistent link: https://www.econbiz.de/10012895334
This paper presents semiparametric estimators of distributional impacts of interventions (treatment) when selection to the program is based on observable characteristics. Distributional impacts of a treatment are calculated as differences in inequality measures of the potential outcomes of...
Persistent link: https://www.econbiz.de/10003944723
We discuss climate change and resource scarcity from the perspective of macroeconomic modeling and quantitative evaluation. Our focus is on climate change: we build a very simple “integrated assessment model,” ie, a model that integrates the global economy and the climate in a unified...
Persistent link: https://www.econbiz.de/10014024273
method to a randomized controlled trial on a residential energy rebate program, we find that targeting that optimally …
Persistent link: https://www.econbiz.de/10013388825
Persistent link: https://www.econbiz.de/10011580397
Persistent link: https://www.econbiz.de/10012116454
and the growth of energy capture on the other. It claims that hierarchical power is sought for its own sake; that building … lives in chains - and yet everywhere we look we see it grow and expand. What explains this apparent puzzle of "growth in the … midst of sabotage"? The answer, we argue, begins with the very meaning of "growth". Whereas conventional political economy …
Persistent link: https://www.econbiz.de/10011753893
We construct a dynamic model of a small open economy to analyze the effects of large energy subsidies. The model … includes domestic energy production and consumption, trade in energy at world market prices, as well as private and public … sector production. The model is calibrated to Egypt and used to study reforms such as reductions in energy subsidies with …
Persistent link: https://www.econbiz.de/10010479353
Persistent link: https://www.econbiz.de/10014329765