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so, we use a dynamic recursive energy-economy model that represents a second best world with market imperfections and …
Persistent link: https://www.econbiz.de/10010738901
Measuring the risk of a financial portfolio involves two steps: estimating the loss distribution of the portfolio from available observations and computing a ``risk measure" which summarizes the risk of the portfolio. We define the notion of ``risk measurement procedure", which includes both of...
Persistent link: https://www.econbiz.de/10008793218
recursive energy-economy model that represents a second best world with market imperfections and short-run adjustments …
Persistent link: https://www.econbiz.de/10010899060
In this paper, we discuss the results of a sensitivity analysis of Res-IRF, an energy-economy model of the demand for … modeling of energy demand. The different drivers of energy demand, namely the extensive margin of energy efficiency investment … represents the established barriers to the diffusion of energy efficiency: heterogeneity of onsumer preferences, landlord …
Persistent link: https://www.econbiz.de/10010899485
Alternative Energies and Atomic Energy Commission (CEA), we exhibit an anomaly to this rarely discussed idea: we describe an …
Persistent link: https://www.econbiz.de/10010798396
-like model in order to provide accurate forecasts for CO2. We show that historic dependency patterns emphasis energy, natural gas …
Persistent link: https://www.econbiz.de/10010603635
market is strongly influenced by fundamentals factors as oil, energy, gas, coal and equity prices. Therefore, we calibrated …
Persistent link: https://www.econbiz.de/10010603685
analysis, graph theory enables us to understand the dynamic behavior of our price system. We show that energy markets - as a … whole - stand at the heart of this system. We also establish that crude oil is itself at the center of the energy complex …
Persistent link: https://www.econbiz.de/10010820627
This paper aims to investigate the Russian-Chinese energy relations in the context of evolution of bilateral strategic … qualitative analysis. It shows that the framework of bilateral relations is globally favourable for creation of costly energy … transport infrastructures. The quest for diversification of Chinese energy supplies contributes to the promotion of Russian …
Persistent link: https://www.econbiz.de/10008790470
enlargement of the EU modifies the landscape. The question of the penetration of the natural gas in the energy balance is for a … “new entrant” an important aspect of their energy policy. On the other hand, the liberalisation of the EU gas market may …
Persistent link: https://www.econbiz.de/10008791176