Addressing the major challenges Germany and the world face today - from mitigating climate change to the shortage of skilled labor- will require concerted, transformative political effort that builds on collective values and pursues societal goals. Economic growth should beachieved in a...

Europa ist ein langfristiges Erfolgsmodell, weist aber seit der Finanzkrise ein niedriges Wachstum und eine erhöhte Arbeitslosigkeit auf. Die Einkommensdifferenzen sind zudem hoch. Europa hält sich auch nicht an seine geplante längerfristige Strategie. Die Notwendigkeit einer immer stärkeren...

Financial times series, and commodity prices in particular, are known to exhibit fat tails in the distribution of prices. As with many natural resources price series, the arrival of new information can lead to unexpectedly rapid changes-or jump-in prices. This suggests that natural resource...

Oil exploration activities have been ongoing in Turkana County, Kenya resulting in discovery of a huge amount of oil deposits. However, very little research has been conducted to determine the effects of oil exploration activities on socio-economic and environmental factors in Turkana County....

In this work we extend a De Jure measure of capital account restrictions, previously assembled by Miniane (2004) for 34 economies, to a set of 181 countries for the period 1996-2005. Additionally, having in mind the pitfalls of this indicator, we propose two new measures. The first excludes...

Global tourism activity reached high levels before the outbreak of the pandemic, but it was also one of the most affected economic sectors in 2020 when there was a real collapse of tourism activity. Tourism is an activity with a high degree of pollution, with many studies highlighting the fact...

Purpose: While the relationships between energy or electricity consumption and economic growth are of great interest to economists, previous studies have not examined the dynamic effect of electricity production on industrial and agricultural output growth in Nigeria; this study attempts to fill...

Using firm-level data for five countries in Latin America we find a negative and statistically significant link between social conflict in rural areas and ownership of mines. This result suggests that the social conflict around mining projects can affect strategic firm behavior intended to...

Die aktuellen Krisen und Dynamiken treffen auch den Wärmemarkt mit großer Wucht. Der vor allem als Folge des Krieges steigende Gaspreis wird in diesem Jahr zu deutlich steigenden Ausgaben der betroffenen Haushalte und Unternehmen für die Beheizung führen. Wie sich die Preise mittelfristig...