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 …

implementation; moreover, the incentive to increase supply would be stronger for owners of high-sulfur coal. This would, all else … imperfectly implemented policies may lead to detrimental environmental outcomes due to supply side responses. We use the … introduction of the Acid Rain Program in the U.S. as a case study. The theory predicts that owners of coal deposits, expecting …

Optimal climate policy is studied. Coal, the abundant resource, contributes more CO2 per unit of energy than the … exhaustible resource, oil. We characterize the optimal sequencing oil and coal and departures from the Herfindahl rule …. 'Preference reversal' can take place. If coal is very dirty compared to oil, there is no simultaneous use. Else, the optimal …

We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … electricity, some emissions as well as some coal-based electricity ‘leak’ into other countries and the aggregate welfare of the … group of countries declines, if a country unilaterally phases out coal. With constant emissions cap and no trade in …

Germany aims to phase out coal to achieve its 2030 climate target, for which a UK-style carbon price floor is …

available to market participants through the formation of wholesale markets. We test whether upstream suppliers, specifically … railroads that transport coal from mines to power plants, use this information to capture economic rents that would otherwise …

Several European countries have decided to phase out coal power generation. Emissions from electricity generation are … already regulated by the EU Emissions Trading System (ETS), and in some countries like Germany the phaseout of coal will be … accompanied with cancellation of emissions allowances. In this paper we examine the consequences of phasing out coal, both for the …

We analyze the demand and supply characteristics of the Indian telecommunications market, in order to assess the … the most developed ones. We finally analyze the supply side of the market, trying to assess the impact of market … potential effectiveness of universal access policies in developing countries. We provide some empirical evidence on the supply …

We study price-setting behavior in German firm-level survey data to infer the relative importance of supply and demand … during the Covid-19 pandemic. Supply and demand forces coexist, but demand shortages dominate in the short run. A reported … percentage points. These results imply a role for aggregate demand stabilization policy to buffer the economic consequences of …