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Functional time series and high-dimensional scalar predictors frequently arise ina wide range of modern economic and business applications, which require statisticalmodels that can simultaneously handle the temporal and causal dependence that areprevalent in large sets of mixed-type data. We...
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About 23% of the German energy demand is supplied by natural gas. Additionally, for about the same amount Germany serves as a transit country. Thereby, the German network represents a central hub in the European natural gas transport network. The transport infrastructure is operated by...
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Subsidies to consumers may cause firms to charge higher prices, which offsets consumer benefits from subsidies. We study a subsidy program design that mitigates such price increases by making products' eligibility for a subsidy dependent on firms' commitment to price ceilings. To quantify the...
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