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Coase and cap-and-trade : evidence on the independence property from the European electricity sector
Zaklan, Aleksandar - 2020 - This version: March 2020
This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing...
Persistent link: https://www.econbiz.de/10012183177
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Coase and cap-and-trade : evidence on the independence property from the European electricity sector
Zaklan, Aleksandar - 2020 - This version: January 2020
This paper provides an empirical test of the Coase Theorem. I analyze whether emissions are independent from allowance allocations in the electricity sector as regulated under the EU's Emissions Trading System (EU ETS). Exogenous variation in levels of free allocation for power producing...
Persistent link: https://www.econbiz.de/10012160829
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Donor Contracting Conditions and Public Procurement : Causal Evidence from Kenyan Electrification
Wolfram, Catherine D.; Miguel, Edward; Hsu, Eric; … - National Bureau of Economic Research - 2023
voltage at AfDB sites, but have no impact at WB sites, suggesting monitoring and unbundling contracts may be substitutes …
Persistent link: https://www.econbiz.de/10014226145
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German nuclear phase-out policy : effects on European electricity wholesale prices, emission prices, conventional power plant investments and eletricity trade
Traber, Thure; Kemfert, Claudia - 2012
The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these effects with a Electricity market model for Europe...
Persistent link: https://www.econbiz.de/10009579310
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Subsidies for learning in renewable energy technologies under market power and emission trading
Traber, Thure; Kemfert, Claudia - 2011
Under perfect competition on the output market, first best technology subsidies in the presence of learning by doing are justified by knowledge spill overs that are not accounted for by individual companies. First best output subsidies are thus depending directly on the learning effects and are,...
Persistent link: https://www.econbiz.de/10009427861
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Economic Research on Privacy Regulation : Lessons from the GDPR and Beyond
Johnson, Garrett - National Bureau of Economic Research - 2022
This paper reviews the economic literature on the European Union's General Data Protection Regulation (GDPR). I … highlight key challenges for studying the regulation including the difficulty of finding a suitable control group, variable firm … compliance and regulatory enforcement, as well as the regulation's impact on data observability. The economic literature on the …
Persistent link: https://www.econbiz.de/10013477197
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The impact of policy measures on future power generation portfolio and infrastructure : a combined electricity and CCTS investment and dispatch model (ELCO)
Mendelevitch, Roman; Oei, Pao-Yu - 2015
This paper presents a general electricity-CO2 (ELCO) modeling framework that is able to simulate interactions of the energy-only market with different forms for national policy measures. We set up a two sector model where players can invest into various types of generation technologies including...
Persistent link: https://www.econbiz.de/10011392062
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Impacts of the German support for renewable energy on electricity prices, emissions and profits : an analysis based on a European electricity market model
Traber, Thure (contributor); Kemfert, Claudia (contributor) - 2007
Persistent link: https://www.econbiz.de/10003577403
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Does macroprudential policy leak? : evidence from shadow bank lending in EU countries
Hodula, Martin; Ngoc Anh Ngo - In: Economic modelling 132 (2024), pp. 1-13
Persistent link: https://www.econbiz.de/10014547981
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Coase and cap-and-trade : evidence on the independence property from the European carbon market
Zaklan, Aleksandar - 2021 - Updated version of DP 1850
This paper tests the independence property under the Coase Theorem in a large multinational cap-and-trade scheme for greenhouse gas emissions, the EU Emissions Trading System (EU ETS). I analyze whether emissions of power producers regulated under the EU ETS are independent from allowance...
Persistent link: https://www.econbiz.de/10012406224