The European power market is undergoing signifi cant changes. The EU has set an ambitious goal of reducing its …, enabling the EU power market to further increase its reliance on renewables. Current power generators and government regulators … will inevitably face challenges adapting to the new market environment, but experience from other countries and regions …

demand shocks within the same month, and that the corresponding impact price elasticities of supply are not statistically …This paper analyzes the response of international oil producers to demand-induced changes in the real price of oil … of the short-run price elasticity of crude oil supply at the country level. I find that oil producers hardly respond to …

This paper examines the advantages and drawbacks of alternative methods of estimating oil supply and oil demand … conclusion that the one-month oil supply elasticity is close to zero, which implies that oil demand shocks are the dominant …

This paper identifies supply and demand shocks that are specific to the oil-market, and separates them from economy …-wide shocks that affect the demand for many asset classes, including oil. The shocks are identified by the sign and magnitude of … the correlation between daily oil price percent changes and the aggregate stock market total returns, excluding …

the conditional volatility of the oil supply shock, which leads to an oil price increase and stock market decrease, leads … the same prominent variability around oil-market-specific and economy-wide events. A full-blown version of the model … key asset pricing, macroeconomic, and oil-market-specific unconditional moments, but finds it hard to match the magnitude …