Tertiarization, productivity and aggregate demand: evidence-based policies for European countries

Politics, Policies and the Dynamics of Aggregate Productivity in Colombia

Transferability of demand-side policies between countries

The development of methods to determine the transferability of policies between countries has received limited attention in the energy policy field. Previous research has focussed on theoretical or less formal determinants of energy policy transferability, rather than providing practical analytical tools. The paper presents a practical framework for analysing the transferability of demand-side ...

Identifying aggregate supply and demand shocks in small open economies: Empirical evidence from African countries

Article history: Received 1 April 2010 Received in revised form 3 August 2011 Accepted 4 August 2011 Available online 11 August 2011 This paper uses a tri-variate structural VAR with a long-run identification scheme, akin to the Blanchard and Quah method, to identify external and domestic supply and demand shocks in 22 African countries between 1980 and 2005. Domestic supply shocks are found to...

Individual, Aggregate, and Cluster-based Aggregate Forecasting of Residential Demand

While the literature has focused on large, industrial, or national demand, this paper focuses on short-term (1 and 24 hour ahead) electricity demand forecasting for residential customers at the individual and aggregate level. Since electricity consumption behavior may vary between households, we first build a feature universe, and then apply Correlationbased Feature Selection to select features...

Aggregate Risk Sharing Across US States and Across European Countries

The paper analyzes risk sharing across US States and across European countries. The empirical literature on this subject has failed to recognize that, as long as agents can borrow and lend, risk sharing should be measured with respect to shocks to the overall level of wealth, and not to current income. The contribution of this paper is to build an appropriate empirical measure of risk sharing f...