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Fuelling the Energy Transition: The Effect of German Wind and PV Electricity Infeed on TTF Gas Prices
Previous research shows that renewable energies have a direct negative marginal effect on electricity prices. Gas plants play an essential role in...
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Hawkes Processes in Energy Markets: Modelling, Estimation and Derivatives Pricing
The purpose of the present contribution is to illustrate the extensive use of Hawkes processes in modeling price dynamics in energy markets and to...
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Periodic Trawl Processes: Simulation, Statistical Inference and Applications in Energy Markets
This article introduces the class of periodic trawl processes, which are continuous-time, infinitely divisible, stationary stochastic processes, that...
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Elasticities
The subject of this chapter is the analysis of the relative rate of change of economic variables when there is a functional relationship between...
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Mathematical Signs and Symbols
The signs and symbols are partly shown in applications. For definitions see dedicated passage.
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Application to Economics
Eigenvalues and nonlinear programming, which are the title of this book, are both important tools or analysis in many fields. This chapter describes...
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Deforestation and Development: How Do Forests and Population Living Standards Coevolve
Forests provide many benefits to the planet. However, the conversion of forested land for economic activities is a growing concern worldwide,...
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Causal Analysis of Policy Effects on Fertility
This chapter reviews the literature on the causal effects of policies on fertility. It focuses on evidence from experiments and quasi-experiments in...
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Parenting Behavior and Outcomes for Children
This chapter provides a narrative review of the economic literature analyzing the relationship between parenting and child development. It starts...
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Grandparenting
Demographic shifts, changing family structures, evolving gender norms, and diverse government policies have brought grandparenthood to the forefront...
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Labor Market Regulations and Female Labor Force Participation
How do Labor Market Regulations affect female labor force participation? Since this question has received shockingly little attention from...
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Nonparametric Models with Random Effects
This chapter considers the three-dimensional nonparametric models with random effects, and proposes pooled local linear and two-step estimators for...
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Multi-Dimensional Models for Spatial Panels
Spatial econometric models are widely used to formalize interactions in geographical space or along networks. When applied to panel data, the...
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Fixed Effects Models
In recent years the massive emergence of multi-dimensional panels has led to an increasing demand for more sophisticated model formulations with...
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Nonlinear Optimization: The Nelder-Mead Simplex Search Procedure
This work explores the field of nonlinear optimization, focusing on the complexity of solving real-world problems with nonlinear functions,...
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Markov Chain Monte Carlo Methods
The Markov Chain Monte Carlo (MCMC) methods based on the Bayes theorem are used when an a posteriori distribution does not have a tractable form and...
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Fundamentals of Auditing Financial Reports
Audits are independent examinations of the records of an organization to ascertain how far the financial statements present a true picture of the...
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Explanatory Time Series Models
An explanatory model from time series data allows us to identify performance drivers and forecast performance given specific driver values, just as...
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Analytics for Description
All analytics begin with data. The type of analytics depends on the type of data. In this chapter, we look at types of data, ways to display data...
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Analytics with Simple Regression to Identify Drivers and Forecast
Analytics from regression can easily create a long range forecast based on trend. Regression and correlation, upon which regression is based, reflect...