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The European Union emissions trading system and the market stability reserve : optimal dynamic supply adjustment

Kollenberg, Sascha; Taschini, Luca - 2015

The supply of allowances in the European Union Emissions Trading System is determined within a rigid allocation programme. A reform of the EU ETS intends to make allowances allocation exible and contingent on the state of the system. We model the emissions market under adjustable allowance...

Persistent link: https://www.econbiz.de/10010531103

The crisis and regional resilience in Europe : on the importance of urbanization and specialization

Steven, Brakman; Garretsen, Harry; Marrewijk, Charles van - 2014 - This version:, March 2014

Using a rich data set on the EU regions, we analyze the relevance of two possible determinants of a region's resilience … that started in 2008, as our shock and then analyze how the NUTS II EU regions differ in their resilience to the crisis in … their resilience to shocks but it typically remains unclear as to why regions differ in this respect. For the 2008- 2012 …

Persistent link: https://www.econbiz.de/10010337597

How resilient was trade to Covid-19?

Bas, Maria; Fernandes, Ana; Paunov, Caroline - 2022

We examine the supply-side characteristics - unskilled labor, imported input intensity, dependence on inputs from China, production complexity - that determine different potential vulnerabilities of traded products to the COVID-19 pandemic. Relying on monthly exports at the product level by all...

Persistent link: https://www.econbiz.de/10013167964

Measurement of economic welfare risk and resilience of the Philippine regions

Yonson, Rio; Noy, Ilan - 2018

Using an economic model to assess welfare risk and resilience to disasters, this paper systematically tackles the … resilience to riverine flood disasters and what will be their measured benefit? We study the 18 regions of the Philippines to … losses at the microeconomic level. Apart from the prioritization of regions based on resilience and welfare risk, we identify …

Persistent link: https://www.econbiz.de/10011810138

Resilience, supply chains and the great recession

Brakman, Steven; Marrewijk, Charles van - 2017 - This version: May 2017

We analyse the link between supply chains and the extent to which the Great Recession has affected national economies. Our analysis is in two steps, namely first for value added measures of supply chains and then for the Grubel-Lloyd index using gross-export data. Regarding value added measures...

Persistent link: https://www.econbiz.de/10011659477

Public infrastructure and regional resilience : evidence from the 1918 Spanish flu in Germany

Foertsch, Mona; Rösel, Felix - 2023

regional resilience in the event of serious health emergencies. During the 1918 Spanish flu pandemic, four out of every 1 …

Persistent link: https://www.econbiz.de/10014383771

How do institutions affect the impact of natural disasters?

Bos, Jaap W. B.; Gröschl, Jasmin Katrin; Lamers, Martien; … - 2022

In this paper we study how diﬀerences in the quality of countries' institutions aﬀect the impact of natural hazards in these countries. To do so, we ﬁrst build a new data set that allows us to adequately control for countries' development and geological characteristics and, importantly,...

Persistent link: https://www.econbiz.de/10013473916

Volatility and resilience of democratic public-good provision

Gersbach, Hans; Pitsuwan, Fikri; Bolgè, Giovanni Valvassori - 2024

We examine democratic public-good provision with heterogeneous legislators. Decisions are taken by majority rule and an agenda-setter proposes a level of the public good, taxes, and subsidies. Members are heterogeneous with respect to their benefits from the public good. We find that, depending...

Persistent link: https://www.econbiz.de/10014500614

Local labour market resilience : the role of digitalisation and working from home

Ben Yahmed, Sarra; Berlingieri, Francesco; Brüll, Eduard - 2024

We show that digital capital and working from home were essential for the resilience of local labour markets in the …

Persistent link: https://www.econbiz.de/10014530431