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BACKGROUND: To make the pension system robust to population ageing, Denmark will increase the statutory retirement age in tandem with national life expectancy. By universally increasing this age, this pension indexation policy might amplify known inequalities in mortality, such as those between people in different living arrangements. OBJECTIVE: We aim to quantify inequalities in mortality before retirement age by living arrangement over time and to estimate whether an increase in the retirement age could disproportionately affect disadvantaged groups. METHODS: We estimate the probability of dying between ages 50 and 65/67/70 for several cohorts of Danes living in different household types, stratifying by socioeconomic status. To give a more complete picture, we also calculate equivalent age for each sub-group. RESULTS: In Denmark considerable mortality inequalities exist depending on living arrangements, and they are becoming larger. Across all the dimensions of mortality we examine, single individuals cumulate a clear disadvantage. An increased retirement age would increase absolute and (for single individuals) relative differences in pre-retirement survival, adding to the widening trends across cohorts. CONCLUSIONS: Relying on the national average to set the statutory retirement age risks maintaining these subpopulations' disadvantage. While early retirement schemes exist in Denmark, they mostly impact people based on their occupation. We highlight that other characteristics are strongly tied to mortality and should also be considered. CONTRIBUTION: This paper falls within a project developed and directed by Jim Vaupel from 2019 until his death. He believed that the Danish pension indexation policy risked unfairly damaging specific groups. The results of this paper show that by neglecting existing and widening inequalities, this might indeed be the case. [ABSTRACT FROM AUTHOR]

Purpose: The purpose of this paper is to investigate the adjustment of government redistributive policies in Scandinavian and Mediterranean countries following changes in income inequality over the period 1980–2021. Design/methodology/approach: The authors first modelled the time-varying dynamics between income inequality and redistribution and then used a non-linear framework to test for the existence of asymmetries and cointegration in their long-run relationship. The authors used two complementary measures of inequality – the share of total income accruing to top percentile income holders and the ratio of the share of total income accruing to top decile income holders divided by that accumulated by the bottom 50% – and computed redistribution as the difference between the two inequality indicators before and after taxes and transfers. Findings: The authors found that the sign of the relationship between income inequality and redistribution is mostly positive and time-varying. Overall, the authors also found evidence that the impact of increases in inequality on redistributive measures is higher than that of decreases. Finally, the authors obtained a significant long-run relationship between both variables in all countries except Denmark and Spain. These results hold for both Scandinavian and Mediterranean countries. Originality/value: To the best of the authors' knowledge, this is the first paper to account for the potential existence of non-linearities and to examine the asymmetries in the adjustment of redistributive policies to increases in income inequality using alternative income inequality metrics. [ABSTRACT FROM AUTHOR]

Approximately 22% of the existing dwellings in the EU were built before 1946. In Wrocław, Poland ca. 21% of all dwellings in multifamily houses are protected for their heritage value. For such a significant share of the residential building stock pursuit of sustainability through amenity improvement is inevitable and will gain pace with the EU endorsed Renovation Wave. The discourse about the scope of renovations should be extended to consider an improvement of historical housing's spatial quality without compromising its heritage value. Balconies are perceived as an indispensable part of new-built apartments; however, they are scarce in tenements built at the turn of 20th century. Adding balconies as a part of retrofitting is common in Germany or Denmark, but rare in Poland. By analysing heritage preservation practices in Chemnitz, Copenhagen and Wrocław, this paper aims to understand how retention of heritage value shapes local approach to adding balconies. Semi-structured interviews (18) were conducted with heritage conservation officers and other stakeholders. The results revealed a shared recognition of balcony's role as an element contributing to heritage housing preservation through enhanced usability. Factors that impede balcony additions in historical tenements in Wrocław were identified for different tenure types, followed by recommendations. [ABSTRACT FROM AUTHOR]

BACKGROUND: Denmark and Sweden index their statutory retirement ages to life expectancy. When lifespan increases, so does retirement age. This policy does not consider demographic heterogeneity in life expectancy, e.g., between migrants and non-migrants, posing possible issues for pension policies that index retirement age to life expectancy. OBJECTIVE: To understand how mortality inequalities between migrants and non-migrants interact with the indexation of statutory retirement age in Denmark and Sweden. METHODS: We used Danish and Swedish registry data from 1988-2018, and included individuals aged 50+. Migrants were classified as European-born or non-European-born. We calculated the probability of dying before retirement age, remaining life expectancy at retirement age, lifespan inequalities after retirement age, and the likelihood that a nonmigrant would outlive a migrant. We also classified the Danish-born population into four income levels and compared them to migrant groups. RESULTS: Non-European-born migrants had the survival advantage in both countries, but equal or higher lifespan inequality at retirement. Sweden had a proportionally larger migrant population, but Denmark's was more diverse. The probability that a non-migrant would outsurvive a migrant was 40%-50% in both countries. CONCLUSIONS: The healthy migrant effect was observed in both Denmark and Sweden. Despite mortality advantages, migrants do not contribute to increasing life expectancy in Denmark or Sweden. CONTRIBUTION: This study contributes to the literature on mortality differences between migrants and non-migrants in Scandinavia. The novel contributions of this paper are the consideration of the socioeconomic status of non-migrants in Denmark, and the calculation of probabilities that migrants will outsurvive non-migrants, all within the context of pension policy. [ABSTRACT FROM AUTHOR]

In the stock market, volatility is a term used to describe the degree to which the prices of assets oscillate and determines the level of risk or uncertainty. The foremost objective of the present analysis is to model the behaviour of the Denmark stock market using data from December 20, 2016, to September 20, 2023. Through the application of GARCH family prototypes which, include GARCH/TARCH, EGARCH, Component ARCH (1,1), and PARCH. The analysis used a sample number of 1668 daily observations for OMXC 25 or OMX Copenhagen 25 Stock Index representing the Denmark stock market. We used some statistical techniques such as Phillips-Perron and Augmented Dickey Fuller tests, Kwiatkowski-Phillips-Schmidt-Shin test statistic, The ARCH Lagrange Multiplier (LM) test, PARCH model. We utilized the E-Views 12 Econometrics package. This empirical investigation adds to the corpus of financial econometrics and emphasizes the importance of precisely and painstakingly modelling the behaviour of stock markets. Our ability to forecast market movements and make informed decisions in a turbulent financial climate will be improved by the findings and research methodologies covered in this paper, which will serve as a solid foundation for future investigations. [ABSTRACT FROM AUTHOR]

This paper explores the professionalisation and performance aspects of Airbnb hosts in rural regions in Denmark, Iceland, and Norway. More specifically, based upon the professionalisation of hosts, which represents a proxy for the scale of their entrepreneurial engagement, the host landscape in the rural regions is investigated, resulting in different host profiles, including individual single- and multiple-listing hosts, and small and large tourism companies. The paper subsequently estimates the service quality performance of Airbnb hosts in relation to their professionalisation in rural regions through a u-shaped relationship, with the professionalisation influencing the performance evaluation of the hosts by the users. This twofold empirical analysis amends the extant literature, as it provides both a more nuanced and more comprehensive description of the nature and scale of Airbnb host engagement in rural regions, and points to the vast entrepreneurial opportunities for private households and companies on the platform. • Airbnb hosts in rural regions attract new travellers and amend a "thin" accommodation infrastructure. • This paper explores Airbnb host profiles in rural regions through a professionalisation-performance relationship. • The study finds multiple host profiles: individual (single- and multiple-listing) and commercial hosts (small and large tourist companies). • Individual hosts are important for a high service quality for Airbnb guests in rural regions, commercial hosts receive lower performance values by guests. • The different profiles point to various opportunities for private households and local businesses on Airbnb in rural regions. [ABSTRACT FROM AUTHOR]

• Willingness to pay for BECCS in Denmark and factors influencing it are investigated. • Willingness to pay is linked to the view of BECCS as necessary for mitigation. • View of BECCS as a necessity reveals either support or reluctant acceptance. • Preference for renewable energies revealed by respondents unwilling to pay. • Age, views on climate change and sustainability of biomass influence WTP. Most climate change mitigation scenarios rely on negative emissions technologies like bioenergy with carbon capture and storage (BECCS). However, little is known about public support for BECCS. This paper gauges Danes' willingness to pay (WTP) for biomass with carbon capture and storage and examines factors influencing it. Denmark is a suitable case study given its reliance on biomass and negative emissions to achieve climate targets. Results from a questionnaire-based survey indicate a mean WTP of 3072 DKK (412 EUR) per household per year. This correspondents to a 12% increase in heat and electricity expenses. The need for negative emissions is the main stated reason for WTP. This may be interpreted as reflecting either support for, or reluctant acceptance of, BECCS. Results show that being younger, being concerned about climate change and believing that it is mainly caused by human activity, and believing in the mitigation potential of biomass and that sustainability is a precondition of its use have a significant effect on WTP. Public views on BECCS are complex but must be acknowledged if discussion of the role of BECCS in the decarbonisation agenda is to move forward. [ABSTRACT FROM AUTHOR]

• The impacts of CO 2 capture methods on Denmark's future energy sector have been assessed. • The capacity of RES must be increased to meet the demands of CO 2 capture processes. • Choosing cryogenic method results in a 45% reduction in annual investment costs. • Using cryogenic method with energy storage cuts variable costs in energy sector by 2.5%. Utilizing CO 2 capture technologies is an essential part of achieving a future carbon-neutral Society. So far, amine-based technologies, which are the most mature post-combustion CO 2 capture technologies, have been predominantly applied in large-scale CO 2 capture applications. However, the cryogenic process has also been proven to be a potential CO 2 capture technology suitable for large-scale applications. Cryogenic carbon capture offers two potential advantages over amine-based technology. First, the efficiency is higher and thus the energy penalty is lower. Next, the flexibility of system integration is also higher, and thus the technology carries the potential of better balancing variable renewable electricity productions. By using the software tool EnergyPLAN and dedicated scenarios of achieving a carbon-neutral Denmark, this paper quantitatively estimates these benefits. It is observed that, from a system perspective, utilizing cryogenic technologies to capture 90 % of CO 2 emissions in 2045 can reduce the demand for wind power by approximately 47 %, leading to a decrease in annual system costs by nearly 45 %. [ABSTRACT FROM AUTHOR]

Fishery and tourism coexist in many harbors. Active fishing vessels may attract tourists, which may also provide income to hotels and restaurants. This paper analyzes whether fisheries affect tourism by investigating the effect of the presence of active vessels on overnight stays in coastal areas of Denmark. The analysis is based on monthly panel data from 2016 to 2021 divided into postal code areas. Estimating a double logarithmic model accounting for fixed effects, it is found that when the number of fishing vessels belonging to a harbor in a postal code area increases by 1%, overnight stays in the same area increase by 0.11%, and when the number of fishing vessels landing in an area increases by 1%, overnight stays increase by 0.08%. Our results suggest that tourism is significantly positively affected by having active fishing vessels landing in local harbors. This implies that by considering the interactive effects of fisheries and tourism when designing fisheries policy, society might attain economic gains, potentially resulting in a larger fleet than what would be optimal solely from a fisheries perspective. [ABSTRACT FROM AUTHOR]

Following the Paris Agreement's climate targets and the modelling community's scenarios of how to reach them, carbon dioxide removal is gaining increasing importance in national climate policies. This is also the case in Denmark – considered by itself and others a climate frontrunner – where biochar is envisioned to cover 10% of the 2030 reduction goal. However, apart from research experiments and test sites, biochar is at the time of research not employed in Denmark, raising the question how it came to constitute a large part of the national goal. This paper explores how biochar, as a method for carbon removal, comes into being as a relevant solution in Danish climate policy, and what this means for emission reduction efforts. Through document analysis, participatory observation, field visits and semi-structured interviews, I employ the framework of the dramaturgical regime and analyse how biochar is enacted as a climate solution through policy documents, conferences, media and network meetings. Here the concept of enactment indicates that different people's actions are not overtly coordinated, and the effects of such actions are not necessarily fully intentional, but they are nevertheless political. I argue that through different scientific, administrative, political, and media practices, biochar is enacted as a viable climate solution that enables the continuation of current forms of production and consumption. As biochar likely substitutes for emission reductions and is in risk of failing to deliver the anticipated amount of carbon removals, the enactment of biochar as a climate solution in Danish climate policy possibly constitutes a case of mitigation deterrence. • Biochar is enacted as a relevant solution in Danish climate policy. • This occurs in policy documents, conferences, media and network meetings. • Enactments enable a continuation of current forms of production and consumption. • Including biochar in Danish climate policy is possibly a case of mitigation deterrence. • Enactments can show how mitigation deterrence can come about as an emergent effect. [ABSTRACT FROM AUTHOR]