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Dissertation
The interplay of sustainability and capital markets
(2023)
Humanity faces significant environmental and social challenges, e.g., climate change (UN, 2019). Those challenges are, to some extent, addressed by politics. For instance, the European Union (EU) tries to address environmental topics, such as climate change, with the EU Action Plan on Financing Sustainable Growth to steer capital flows into more sustainable business models (EU, 2018). This regulatory development, in conjunction with a surging demand for sustainable investment solutions leads to a pressing need for ...
Dissertation
Capital Accumulation, Sector Productivity, and Economic Growth
(2023)
This dissertation is motivated by the research results of Benigno and Fornaro (2014). Benigno and Fornaro (2014) research, how low interest rates impact the productivity of economies.
This dissertation implements extensions of the Benigno and Fornaro (2014) model, that particularly address the capital accumulation, the production functions, and the technology accumulation. In doing so, this dissertation shows that some of the Benigno und Fornaro (2014) research results require specific assumptions, to qualitatively ...
Dissertation
Economic Aspects of Market-based Flexibility for Electricity Networks
(2023)
This thesis contributes to the discussion of the utilization of network-supportive flexibility, in particular in the context of local flexibility markets (LFM). The thesis comprises five articles that are methodologically related but can be read independently. The focus of the investigations is on economic aspects and short- and medium-term market processes.
Chapter 1 provides an introduction to the topic including the definition of the most important terms. Chapter 2 includes the paper, “Design of regional flexibility ...