TY - RPRT A1 - Blanz, Alkis A1 - Eydam, Ulrich A1 - Heinemann, Maik A1 - Kalkuhl, Matthias A1 - Moretti, Nikolaj T1 - Fiscal Policy and Energy Price Shocks T2 - CEPA Discussion Papers N2 - The effects of energy price increases are heterogeneous between households and firms. Financially constrained poorer households, who spend a larger relative share of their income on energy, are particularly affected. In this analysis, we examine the macroeconomic and welfare effects of energy price shocks in the presence of credit-constrained households that have subsistence-level energy demand. Within a Dynamic Stochastic General Equilibrium (DSGE) model calibrated for the German economy, we compare the performance of different policy measures (transfers and energy subsidies) and different financing schemes (income tax vs. debt). Our results show that credit-constrained households prefer debt over tax financing regardless of the compensation measure due to their difficulty to smooth consumption. On the contrary, rich households tend to prefer tax-financed measures as they increase the labor supply of poor households. From an aggregate perspective, tax-financed measures targeting firms effectively cushion aggregate output losses. T3 - CEPA Discussion Papers - 70 KW - energy prices KW - E-DSGE KW - fiscal policy KW - welfare Y1 - 2023 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-612763 SN - 2628-653X IS - 70 ER - TY - JOUR A1 - Kratky, Nicole A1 - Schröder-Abé, Michela T1 - A court file analysis of child protection cases BT - what do children say? JF - Child & family social work N2 - Children's participation in legal proceedings affecting them personally has been gaining importance. So far, a primary research concern has been how children experience their participation in court proceedings. However, little is known about the child's voice itself: Are children able to clearly express their wishes, and if so, what do they say in child protection cases? In this study, we extracted information about children's statements from court file data of 220 child protection cases in Germany. We found 182 children were asked about their wishes. The majority of the statements found came either from reports of the guardians ad litem or from judicial records of the child hearings. Using content analysis, three main aspects of the statements were extracted: wishes concerning main place of residence, wishes about whom to have or not contact with, and children granting decision-making authority to someone else. Children's main focus was on their parents, but others (e.g., relatives and foster care providers) were also mentioned. Intercoder agreement was substantial. Making sure that child hearings are as informative as possible is in the child's best interest. Therefore, the categories developed herein might help professionals to ask questions more precisely relevant to the child. KW - children's participation KW - child protection KW - child's voice KW - child KW - welfare KW - court files KW - family court Y1 - 2020 U6 - https://doi.org/10.1111/cfs.12744 SN - 1356-7500 SN - 1365-2206 VL - 25 IS - S1 SP - 169 EP - 177 PB - Wiley-Blackwell CY - Oxford ER - TY - RPRT A1 - Blanz, Alkis A1 - Eydam, Ulrich A1 - Heinemann, Maik A1 - Kalkuhl, Matthias T1 - Optimal carbon pricing with fluctuating energy prices — emission targeting vs. price targeting T2 - CEPA Discussion Papers N2 - Prices of primary energy commodities display marked fluctuations over time. Market-based climate policy instruments (e.g., emissions pricing) create incentives to reduce energy consumption by increasing the user cost of fossil energy. This raises the question of whether climate policy should respond to fluctuations in fossil energy prices? We study this question within an environmental dynamic stochastic general equilibrium (E-DSGE) model calibrated on the German economy. Our results indicate that the welfare implications of dynamic emissions pricing crucially depend on how the revenues are used. When revenues are fully absorbed, a reduction in emissions prices stabilizes the economy in response to energy price shocks. However, when revenues are at least partially recycled, a stable emissions price improves overall welfare. This result is robust to different modeling assumptions. T3 - CEPA Discussion Papers - 51 KW - energy prices KW - E-DSGE KW - climate policy KW - welfare Y1 - 2022 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-561049 SN - 2628-653X IS - 51 ER - TY - JOUR A1 - Hudson, Paul A1 - Pham, My A1 - Bubeck, Philip T1 - An evaluation and monetary assessment of the impact of flooding on subjective well-being across genders in Vietnam JF - Climate & development N2 - The intangible impacts of floods on welfare are not well investigated, even though they are important aspects of welfare. Moreover, flooding has gender based impacts on welfare. These differing impacts create a gender based flood risk resilience gap. We study the intangible impacts of flood risk on the subjective well-being of residents in central Vietnam. The measurement of intangible impacts through subjective well-being is a growing field within flood risk research. We find an initial drop in welfare through subjective well-being across genders when a flood is experienced. Male respondents tended to recover their welfare losses by around 80% within 5 years while female respondents were associated with a welfare recovery of around 70%. A monetization of the impacts floods have on an individual’s subjective well-being shows that for the average female respondent, between 41% to 86% of annual income would be required to compensate subjective well-being losses after 5 years of experiencing a flood. The corresponding value for males is 30% to 57% of annual income. This shows that the intangible impacts of flood risk are important (across genders) and need to be integrated into flood (or climate) risk assessments to develop more socially appropriate risk management strategies. KW - Subjective well-being KW - flood risk KW - welfare KW - gender KW - resilience KW - intangible impacts Y1 - 2019 U6 - https://doi.org/10.1080/17565529.2019.1579698 SN - 1756-5529 SN - 1756-5537 VL - 11 IS - 7 SP - 623 EP - 637 PB - Routledge, Taylor & Francis Group CY - Abingdon ER - TY - GEN A1 - Hudson, Paul A1 - Pham, My A1 - Bubeck, Philip T1 - An evaluation and monetary assessment of the impact of flooding on subjective well-being across genders in Vietnam T2 - Postprints der Universität Potsdam Mathematisch-Naturwissenschaftliche Reihe N2 - The intangible impacts of floods on welfare are not well investigated, even though they are important aspects of welfare. Moreover, flooding has gender based impacts on welfare. These differing impacts create a gender based flood risk resilience gap. We study the intangible impacts of flood risk on the subjective well-being of residents in central Vietnam. The measurement of intangible impacts through subjective well-being is a growing field within flood risk research. We find an initial drop in welfare through subjective well-being across genders when a flood is experienced. Male respondents tended to recover their welfare losses by around 80% within 5 years while female respondents were associated with a welfare recovery of around 70%. A monetization of the impacts floods have on an individual’s subjective well-being shows that for the average female respondent, between 41% to 86% of annual income would be required to compensate subjective well-being losses after 5 years of experiencing a flood. The corresponding value for males is 30% to 57% of annual income. This shows that the intangible impacts of flood risk are important (across genders) and need to be integrated into flood (or climate) risk assessments to develop more socially appropriate risk management strategies. T3 - Zweitveröffentlichungen der Universität Potsdam : Mathematisch-Naturwissenschaftliche Reihe - 736 KW - subjective well-being KW - flood risk KW - welfare KW - gender KW - resilience KW - intangible impacts Y1 - 2019 U6 - http://nbn-resolving.de/urn/resolver.pl?urn:nbn:de:kobv:517-opus4-433414 SN - 1866-8372 IS - 736 SP - 623 EP - 637 ER -