Showing 1 - 9 of 9
Persistent link: https://www.econbiz.de/10000935317
Persistent link: https://www.econbiz.de/10000970578
Persistent link: https://www.econbiz.de/10000978614
This paper shows that geographical investor heterogeneity strongly influences sovereign risk. While standard sovereign debt models mainly attribute the absence of sovereign defaults to foreign creditor retaliation, a new theoretical literature argues that domestic creditors also affect borrowing...
Persistent link: https://www.econbiz.de/10002577962
Persistent link: https://www.econbiz.de/10000928588
-year gained and cost per quality-adjusted life-year, QALY, gained) of treating osteoporotic women in Denmark with alendronate … epidemiological and cost data for Denmark. In the base-case alendronate was assumed to have a fracture-risk reducing effect for ten … treatment with alendronate in Denmark is cost-effective, provided the treatment is targeted towards high-risk patients …
Persistent link: https://www.econbiz.de/10001673640
The literature on deregulated electricity markets generally assumes available capacities to be given. In contrast, this paper studies a model where firms precommit to capacity levels before competing in a uniform price auction. The analysis sheds light on recent empirical findings that firms use...
Persistent link: https://www.econbiz.de/10001663587
It has been argued that having a contract market before the spot market enhances competition (Allaz and Vila, 1993). Taking into account the repeated nature of electricity markets, we check the robustness of the argument that the access to contract markets reduces the market power of generators....
Persistent link: https://www.econbiz.de/10001923038
Persistent link: https://www.econbiz.de/10000906157