1. Refereed Journal // 2017

    Price and Income Elasticities of Residential Energy Demand in Germany

    We apply a quadratic expenditure system to estimate price and expenditure elasticities of residential energy demand (electricity and heating) in Germany. Using official expenditure data from 1993 to 2008, we…

  2. Refereed Journal // 2017

    Domestic regulation, import penetration and firm-level productivity growth

    This paper shows that the impact of import penetration on firms’ productivity growth depends on firms’ distance to the efficiency frontier and on product market regulation. Using firm-level data for a…

  3. Refereed Journal // 2017

    Zum Stromkonsum von Haushalten in Grundsicherung: Eine empirische Analyse für Deutschland

    In diesem Aufsatz werden Stromkonsum und Stromkosten von Haushalten in Grundsicherung in Deutschland untersucht. Dazu wird ein Datensatz ausgewertet, der mehr als 19.500 Haushalte mit Leistungsbezug nach SGB II…

  4. Refereed Journal // 2017

    Mind the Gap: The Difference between U.S. and European Loan Rates

    We analyze differences in the pricing of syndicated loans between U.S. and European loans. For credit lines, U.S. borrowers pay significantly higher spreads, but also lower fees, resulting in similar total costs…