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This paper assesses the potential impact of the European Union Emissions Trading System (EU ETS) on firm productivity … dispersion within industries. This dynamic model allows us to differentiate the potential effects of the EU ETS on total factor …-in-difference approach exploiting the incomplete participation requirements of the EU ETS and the rich panel structure of firm-level data for …
Persistent link: https://www.econbiz.de/10012507941
Persistent link: https://www.econbiz.de/10015397750
The success of climate change measures is highly dependent on household behaviour as one of the most important emission sources of carbon dioxide. Private heating, electricity consumption or private transport are important key levers to reduce households´ impacts on climate change. The paper...
Persistent link: https://www.econbiz.de/10014323550
occur. This study investigates how heat and cold anomalies and extremes influence EU citizens’ support for national climate … Kälteereignisse die Unterstützung von EU-Bürgerinnen und -Bürgern für nationale Klimaanpassungspolitiken beeinflussen – sowohl im …
Persistent link: https://www.econbiz.de/10015408892
Several proposals have been made on how sovereign risk premia in the euro area should be brought down, namely i) permanent pooling of funding through joint bond issuance, ii) temporary liquidity assistance through multilateral funds, iii) debt buybacks using multilateral funds, and iv) debt...
Persistent link: https://www.econbiz.de/10014184279
This Policy Brief argues that pursuing the renewables objective could contribute to the completion of the internal electricity market, help to overcome opposition to transmission projects and decrease the market power of incumbents. Conversely, an integrated internal electricity market means...
Persistent link: https://www.econbiz.de/10014041201
The eurozone debt crisis has now reached a turning point. This Policy Brief argues for a more organised intervention by the European Central Bank (ECB) to stop contagion through the creation of a quantitative easing programme, coupled with a political agreement among member states for a more...
Persistent link: https://www.econbiz.de/10013037639
The enthusiasm for shale gas is now spreading beyond the borders of the United States, entering national discourses in the European Union where it is seen to provide energy independence and jobs, as well as cheaper and more environmentally-friendly fuel. This paper provides a balanced and...
Persistent link: https://www.econbiz.de/10013038725
Much of the discussion about how to impose more convergence among member states of the eurozone has focused on what national governments should do to avoid divergent developments in a number of macroeconomic variables, e.g. competitiveness or current account imbalances. Without denying that...
Persistent link: https://www.econbiz.de/10013137394
The analysis in this Commentary provides strong evidence showing that the burden of the adjustments to the imbalances in the eurozone between the surplus and the deficit countries is borne almost exclusively by the deficit countries in the periphery. And although the European Commission has now...
Persistent link: https://www.econbiz.de/10013106555