Fabian Stöckl

Fabian Stöckl
Ministry of Finance (AT)

PhD

About

9
Publications
1,644
Reads
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44
Citations
Introduction
Currently I'm analyzing what could explain the declining global labor income share.
Additional affiliations
May 2021 - February 2022
McKinsey
Position
  • Economist
October 2014 - May 2021
German Institute for Economic Research
Position
  • Research Associate
Education
September 2014 - October 2020
Technische Universität Berlin
Field of study
  • Economics
April 2008 - August 2014

Publications

Publications (9)
Article
Full-text available
Green hydrogen can help to decarbonize parts of the transportation sector, but its power sector interactions are not well understood so far. It may contribute to integrating variable renewable energy sources if production is sufficiently flexible in time. Using an open-source co-optimization model of the power sector and four options for supplying...
Preprint
Full-text available
We fit CES and VES production functions to data from a numerical bottom-up optimization model of electricity supply with clean and dirty inputs. This approach allows for studying high shares of clean energy not observable today and for isolating mechanisms that impact the elasticity of substitution between clean and dirty energy. Central results sh...
Preprint
Full-text available
When analyzing potential ways to counter climate change, standard models of green growth abstract from investment in substitutability between "clean" and "dirty" energy inputs. Instead, they rely on the assumption that efficiency with respect to fossil fuels can be increased perpetually. However, this is not in line with observed firm investment be...
Article
This paper provides the first comprehensive review of the empirical and theoretical literature on the determinants of the elasticity of substitution between capital and labor. Our focus is on the two‐input constant elasticity of substitution (CES) production function. We start by presenting four concise observations that summarize the empirical lit...
Preprint
Full-text available
Green hydrogen can decarbonize transportation, but also help to integrate variable renewable energy sources if its production is sufficiently flexible in time. Using an open-source co-optimization model of the power sector and four supply chains for hydrogen at filling stations, we find a trade-off between energy efficiency and temporal flexibility...
Research
This paper reviews the status quo of the empirical and theoretical literature on the determinants of the elasticity of substitution between capital and labor. Our focus is on the two-input constant elasticity of substitution (CES) production function. By example of the U.S., we highlight the distinctive heterogeneity in empirical estimates of σ at...

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