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imperfect market setting. We apply the model to Germany and examine different cases of strategic and non-strategic pumped hydro …
Persistent link: https://www.econbiz.de/10012040651
This paper offers methodological comments on a recent (November 2014) Economic Journal article. The comments consider its use of a dynamic model - the inclusion of a lagged dependent variable - and its approach to estimation. By way of critique, the authors highlight general issues regarding...
Persistent link: https://www.econbiz.de/10011419154
employment of General Method of Moments (GMM) estimation. …
Persistent link: https://www.econbiz.de/10011338194
on the contract curve. The bargaining power of unions in East Germany turns out to be much weaker than in West Germany. …
Persistent link: https://www.econbiz.de/10011544363
The thoughts that an individual has about the future contribute substantially to their life satisfaction in a positive or negative direction. This is a result found via five different methods, some of which control for personality and disposition and the potential endogeneity of thoughts and...
Persistent link: https://www.econbiz.de/10010462152
This empirical investigation into life satisfaction, using nationally representative German panel data, finds a substantial association with an individual's thoughts about the future, whether they are optimistic or pessimistic about it. Furthermore, including individuals' optimism and pessimism...
Persistent link: https://www.econbiz.de/10011986907
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