This paper sets out to investigate the changing patterns of electricity intensity in European manufacturing for the time span 2000-2011. While GVA in Manufacturing has grown and electricity use has declined, it is not clear that this decrease in intensity is directly associated with improvements...

Empirical evidence suggests that top players often play together in one team. Based on the O-ring theory (Kremer 1993) a Zidane clustering theorem is derived. It is argued that the best midfielder is most efficiently allocated when combined with an ace striker, and vice versa. This implies that...

Das Recht auf Lohn für geleistete Arbeit und einige weitere arbeitsrechtliche Mindeststandards gelten prinzipiell für alle Beschäftigten unabhängig vom Beschäftigungsverhältnis und vom Aufenthaltsstatus. Arbeitgeber, die von diesen Mindeststandards deutlich abweichen, verletzen nicht nur...

The aim of this study is to quantify the macroeconomic costs resulting from a one hour power outage at the level of German counties. This is done by combining public data from various sources based on a well-established methodology, which both accounts for production losses of firms and losses...

This study analyzes the economic consequences of power rationing at the level of German counties. Based on a common production function approach, it estimates the costs of power outages for firms and households in all counties and uses these estimates to derive hypothetical rationing plans for...

Overeducation is an often overlooked facet of untapped human resources. But who is overeducated and why? Relying on SOEP data 1984-2011, we use probit models for estimating the likelihood of entering overeducation and dynamic mixed multinomial logit models with random effects addressing state...

Impacts of extreme weather events are relevant for cities in many aspects. Cities are the cores of economic activity and the amount of people and assets endangered by extreme weather events is large, even under the current climate. A changing climate with changing extreme weather patterns and...

While trade integration is often regarded as a principal determinant of economic growth, the empirical evidence for a causal linkage between trade and growth is ambiguous. This paper argues that the effect of trade in dynamic panel estimations depends crucially on the specification of trade....

Germany's occupational and sectoral change towards a knowledge-based economy calls for high returns to education. Nevertheless, female graduates are paid much less than their male counterparts. We wonder whether overeducation affects sexes differently and whether this might answer for part of...

This paper proposes a new approach for creating country indices and applies it to the construction of an index ranking countries according to their current level of competitiveness in international goods exchange. Existing indices largely assign equal or in some other way arbitrary weights to...