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Familienunternehmen gelten in der öffentlichen Wahrnehmung als besonders innovativ und als Hidden Champions der deutschen Wirtschaft. In jüngster Zeit widmen sich Forscher vermehrt der Überprüfung dieser These und kommen zu diametral unterschiedlichen Ergebnissen. Einerseits wird...
Persistent link: https://www.econbiz.de/10010308799
This study investigates the role of heterogeneous agents in oil markets and tests tales of speculators in oil price formation. Results obtained from using a non-linear heterogeneous agent model suggest that oil market prices are driven by different groups of speculators, namely fundamentalists,...
Persistent link: https://www.econbiz.de/10011564965
Future emissions of trace gases are intrinsically linked to economic growth and abatement policies, which in turn, are governed by expectations of greenhouse damages. Trace gas indices that depend upon future emissions can be calculated either on the basis of emissions scenarios, such as those...
Persistent link: https://www.econbiz.de/10011608507
This report summarises the main ideas, proposals, scientific achievements, consensus and conflicting issues that emerged at the Second EFIEA Policy Workshop, held at Fondazione Eni Enrico Mattei, Palazzo delle Stelline, Corso Magenta 63, Milan, Italy, March 4th-6th, 1999. EFIEA, the European...
Persistent link: https://www.econbiz.de/10011608510
Neoclassical growth theory assumes that economic growth is an atomistic process in which changes in distribution play no role. Unfortunately, when this assumption is tested against real-world evidence, it is systematically violated. This paper argues that a reality-based growth theory must...
Persistent link: https://www.econbiz.de/10011645089
transition to coal energy and the capitalization of state power as it relates to war, colonialism and slavery. We conclude by …
Persistent link: https://www.econbiz.de/10011645096
. This paper offers a new approach that focuses on energy consumption. A systematic relation exists between institution size … and energy consumption per capita: as energy consumption increases, institutions become larger. I hypothesize that this … stochastic model can be used to link energy consumption with firm dynamics. …
Persistent link: https://www.econbiz.de/10011645097
precise representation of energy and technology choices with a coherent representation of the macro-economic impacts …, especially in terms of trade effects of climate policies on energy-intensive products. In climate mitigation scenarios, drastic … economy. Energy-intensive industries tend to be delocalized in regions where low-carbon production is feasible and cheap, or …
Persistent link: https://www.econbiz.de/10011307265
Japan has reached the limits of conventional macroeconomic policy. In order to overcome deflation and achieve sustainable economic growth, the Bank of Japan (BOJ) recently set an inflation target of 2% and implemented an aggressive monetary policy so this target could be achieved as soon as...
Persistent link: https://www.econbiz.de/10011311000
This paper investigates the relationship between energy intensity in the 12 countries of Eastern Europe that can be … capita income gap between developed and transition economies leads to a decrease in the energy intensity growth rate of a … that are allowed to vary across countries: ?, the elasticity of desired energy intensity with respect to the per capita …
Persistent link: https://www.econbiz.de/10011324962