Bosco, Bruno; Parisio, Lucia; Pelagatti, Matteo; Baldi, … - Dipartimento di Statistica, Università degli Studi di … - 2007
This paper analyses the interdependencies existing in wholesale electricity prices in six major European countries. The results of our robust multivariate long run dynamic analysis reveal the presence of four highly integrated central European markets (France, Germany, the Netherlands and...