The cost of phasing out nuclear power: a quantitative assessment of alternative scenarios for Germany

In the debate on the premature phase-out of nuclear power generation in Germany, there is an intense dispute on the effective operating time for the existing nuclear power plants. This paper addresses the question of how alternative phase-out regulations affect both the magnitude of total economic costs and the distribution of these costs across nuclear power plants and competing companies. Based on a dynamic partial equilibrium analysis of power supply options, we quantify the excess costs of different regulatory approaches as a function over time and investigate the implied competitive effects at the plant as well as at the company level. We find that alternative phase-out regulations which effectively lead to the same date for an ultimate shutdown of nuclear power generation exhibit large differences in total costs. The competitive distortions across companies also vary considerably with the chosen regulation depending on how the respective cost implications at the plant level get distributed at the company level via the specific ownership. Our quantitative results refer to nuclear phase-out scenarios for Germany and its specific plant structure as well as plant-ownership by companies. However, the issues and methodological approaches presented in this paper may be important for other industrialized countries which also contemplate a premature nuclear phase-out. --

Economic Effects of VAT Reform in Germany

In the tax policy debate, differentiation of value-added taxes is often justified by distributional concerns. Our quantitative analysis for Germany indicates that such concerns are misplaced. We find that the abolition of VAT differentiation has only negligible redistributive effects. Instead, reduced VAT are found to act as industry-specific subsidies. Whereas the overall welfare effects of pure VAT reforms are very small, a revenue-neutral introduction of a harmonised VAT combined with reductions in the marginal income tax rates or social security contributions turns out to produce substantial welfare gains for all households. --VAT,tax reforms,distribution,efficiency,applied general equilibrium

The Cost of Phasing Out Nuclear Power : A quantitative assessment of alternative scenarios for Germany

In the debate on the premature phase-out of nuclear power generation in Germany, there is an intense dispute on the effective operating time for the existing nuclear power plants. This paper addresses the question of how alternative phase-out regulations affect both the magnitude of total economic costs and the distribution of these costs across nuclear power plants and competing companies. Based on a dynamic partial equilibrium analysis of power supply options, we quantify the excess costs of different regulatory approaches as a function over time and investigate the implied competitive effects at the plant as well as at the company level. We find that alternative phase-out regulations which effectively lead to the same date for an ultimate shutdown of nuclear power generation exhibit large differences in total costs. The competitive distortions across companies also vary considerably with the chosen regulation depending on how the respective cost implications at the plant level get distributed at the company level via the specific ownership. Our quantitative results refer to nuclear phase-out scenarios for Germany and its specific plant structure as well as plant-ownership by companies. However, the issues and methodological approaches presented in this paper may be important for other industrialized countries which also contemplate a premature nuclear phase-out

Taxation and Unemployment: An Applied General Equilibrium Approach for Germany

This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market institutions in an otherwise standard general equilibrium framework. There are sectoral wage negotiations for two skill types of workers between firms and trade unions. The bargaining setup is sensitive to the specific conditions of the respective sector (profits, output and labour demand elasticities, bargaining power) and generates wages that reflect empirical wage differentials across sectors. The model is used to simulate the labour market effects of changes in the taxation of labour: marginal and average wage tax, and social security contributions

Economic Effects of VAT Reform in Germany

In the tax policy debate, differentiation of value-added taxes is often justified by distributional concerns. Our quantitative analysis for Germany indicates that such concerns are misplaced. We find that the abolition of VAT differentiation has only negligible redistributive effects. Instead, reduced VAT are found to act as industry-specific subsidies. Whereas the overall welfare effects of pure VAT reforms are very small, a revenue-neutral introduction of a harmonised VAT combined with reductions in the marginal income tax rates or social security contributions turns out to produce substantial welfare gains for all households

Economic effects of VAT reforms in Germany

In the tax policy debate, differentiation of value-added taxes is often justified by distributional concerns. Our quantitative analysis for Germany indicates that such concerns are misplaced. We find that the abolition of VAT differentiation has only negligible redistributive effects. Instead, reduced VAT are found to act as industry-specific subsidies. Whereas the overall welfare effects of pure VAT reforms are very small, a revenue-neutral introduction of a harmonised VAT combined with reductions in the marginal income tax rates or social security contributions turns out to yield substantial welfare gains for all households

Quantification of Facial Traits

Measuring facial traits by quantitative means is a prerequisite to investigate epidemiological, clinical, and forensic questions. This measurement process has received intense attention in recent years. We divided this process into the registration of the face, landmarking, morphometric quantification, and dimension reduction. Face registration is the process of standardizing pose and landmarking annotates positions in the face with anatomic description or mathematically defined properties (pseudolandmarks). Morphometric quantification computes pre-specified transformations such as distances. Landmarking: We review face registration methods which are required by some landmarking methods. Although similar, face registration and landmarking are distinct problems. The registration phase can be seen as a pre-processing step and can be combined independently with a landmarking solution. Existing approaches for landmarking differ in their data requirements, modeling approach, and training complexity. In this review, we focus on 3D surface data as captured by commercial surface scanners but also cover methods for 2D facial pictures, when methodology overlaps. We discuss the broad categories of active shape models, template based approaches, recent deep-learning algorithms, and variations thereof such as hybrid algorithms. The type of algorithm chosen depends on the availability of pre-trained models for the data at hand, availability of an appropriate landmark set, accuracy characteristics, and training complexity. Quantification: Landmarking of anatomical landmarks is usually augmented by pseudo-landmarks, i.e., indirectly defined landmarks that densely cover the scan surface. Such a rich data set is not amenable to direct analysis but is reduced in dimensionality for downstream analysis. We review classic dimension reduction techniques used for facial data and face specific measures, such as geometric measurements and manifold learning. Finally, we review symmetry registration and discuss reliability

Reconstruction of Images from Gabor Graphs with Applications in Facial Image Processing

Graphs labeled with complex-valued Gabor jets are one of the important data formats for face recognition and the classification of facial images into medically relevant classes like genetic syndromes. We here present an interpolation rule and an iterative algorithm for the reconstruction of images from these graphs. This is especially important if graphs have been manipulated for information processing. One such manipulation is averaging the graphs of a single syndrome, another one building a composite face from the features of various individuals. In reconstructions of averaged graphs of genetic syndromes, the patients' identities are suppressed, while the properties of the syndromes are emphasized. These reconstructions from average graphs have a much better quality than averaged images

Blood pressure, antihypertensive medication and neuropsychiatric symptoms in older people with dementia: The COSMOS study

Objectives Neuropsychiatric symptoms (NPS) are very common in older patients with dementia. There is increasing evidence that hypoperfusion of the brain plays a role in the development of NPS. The aim of this study is to assess whether there is an association between low systolic blood pressure (SBP) and NPS and if NPS are more prevalent in older people with dementia using antihypertensive medication. Methods We studied the baseline data from participants in the Communication, Systematic pain treatment, Medication review, Organized activities and Safety study, a multicenter clustered trial with 765 participants from 72 nursing home units from 37 nursing homes in Norway. SBP (lowest quartile vs rest) and use of antihypertensive medication were predictors and Neuropsychiatric Inventory—Nursing Home version (NPI-NH) score (total and clusters) was the outcome. Missing data were imputed, except for missing data in predictors. We used a mixed model analysis adjusted for age, sex and Minimal Mental State Examination (MMSE) score. In a sensitivity analysis, continuous SBP values were used. Results In total, 412 patients were included with a mean age of 86.9 years, 53.9% had a MMSE score of <11. There was no difference in total NPI-NH score between low and high SBP (difference −1.07, Pdj = 0.62). There was no difference between high and low SBP and the NPI clusters. The use of antihypertensive medication was not associated with a different total or cluster NPI-NH score compared to no use (difference −0.99, Padj = 0.95, Pall = 0.37-0.99, respectively). In the sensitivity analyses with the continuous SBP levels, there was no association between SBP and NPI-NH score (estimate 1.00, 95%CI 0.98-1.01, P = 0.25). Conclusion We found no association between low SBP and NPS, nor between antihypertensive use and NPS.publishedVersio