This article demonstrates that the influence of government ideology on military expenditures is more nuanced than it was shown in previous research and using only aggregated military expenditures may provide…
This paper discusses a capacity-based redispatch mechanism in which awarded market participants are compensated for their availability for redispatch, rather than activation. The rationale is to develop a market…
Technological advances have paved the way for urban air mobility (UAM) as a new mode of transportation, providing solutions for both inner-city and regional transportation. Novel vertical take-off and landing…
Exploiting the staggered implementation of board gender quotas in Europe, this study examines their effect on firms’ environmental, social, and governance (ESG) performance. I find that firms’ environmental and…
This study explores the long-run effects of a temporary scarcity of a consumption good on preferences towards that good once the shock is over. Specifically,
Economists tend to view a uniform emissions price as the most cost-effective approach to reducing greenhouse gas emissions. This paper scrutinizes the assumptions in general equilibrium which underlie the…
Das ZEW wäre nicht das ZEW ohne seine Alumni und Alumnae – und so widmen wir das ZEW Monthly im April unserem Alumni-Netzwerk und seinen über 600 Mitgliedern.
With the final approval of the EU’s Artificial Intelligence Act (AI Act), it is now clear that general-purpose AI (GPAI) models with systemic risk will need to undergo adversarial testing. This provision is a…
