Die geopolitische Bedeutung von Strom wird unterschätzt, obwohl Stromnetze Räume konstituieren. Sie etablieren neue Einflusskanäle und Machtsphären in politischen Gemeinwesen und über sie hinaus. Im Kontinentalraum Europa-Asien treffen Verbundnetze und Interkonnektoren, also...

Transfers from parents-either in the form of gifts or inheritances-have received much attention as a source of inequality. This paper uses a 19-year panel of administrative data for the population of Norway to examine the share of the Total Inflows available to an individual (defined as the...

This article investigates the trade-off between increasing welfare losses and increasing peak-warming if a temperature target is reformulated as a subsidiary concentration or cumulative emissions target. We apply a welfare maximizing integrated assessment model for a deterministic...

I analyse about 160 estimates of the relationship between female migrants' labour force participation and ancestry culture, integrating studies from economics and sociology that were previously unconnected. The literature exhibits large heterogeneity in results that is only partly explained by...

This memo discusses effects of COVID-19 on interest rates through the lens of global movements in the natural real interest rate. While government spending and public debt issuance are likely to cause a rise in r*, r* may decline due to precautionary behaviour. The net effect is uncertain.

The memo summarizes the design and use of the IMF's precautionary facilities since their introduction and discusses lessons and potential reform options. In particular, the framework for these facilities should be adjusted to address prolonged use at high access levels.

This paper considers legal implications that are likely to emerge from the implementation of a TRIPS Waiver decision. Assuming that a Waiver is adopted in the form presented in the May 2021 proposal by South Africa and India et al, we review the interaction between the Waiver and other...

The use of TRIPS flexibilities by WTO members involves interpretation of the obligations under TRIPS which can be challenged under the WTO dispute settlement system. Mutually agreed solutions, panel or Appellate Body decisions adopted in such disputes can thus impact the scope of TRIPS...

Deutschland wird beim Strom zu einer Hochpreisinsel. Importrisiken bei Energie verschlechtern die Wettbewerbsfähigkeit des Landes. Gerade für energieintensive Branchen wird der Standort sehr unattraktiv. Zu diesen drei Ergebnissen kommt eine neue Preis- und Risiko-Analyse vom ZEW Mannheim und...