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We study the transmission of monetary shocks and monetary policy with a behavioral model, corrected for potential misspecification using the DSGE-VAR framework elaborated by DelNegro and Schorfheide (2004). In particular, we investigate if the central bank should react to movements in the...
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Der Umbau des Energiesystems zu einer CO2-freien bzw. CO2-armen Energieerzeugung stellt die Energiewirtschaft vor ganz besondere technische, ökonomische und institutionelle Herausforderungen. Ein wichtiger Baustein in allen Entwürfen für eine Transformation des Energiesektors ist die...
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The study’s recommendations describe institutional elements in the context of electric power sector regulation and has the objective to increase the understanding of the interdependencies of the institutional elements. In future work, the study results might be employed for designing very...
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