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A Fair Price for Energy? Ownership versus Market Opening in the EU15

Fiorio, Carlo V.; Florio, Massimo - CESifo - 2010

, however, be observed across countries and sectors. We focus on electricity and gas sectors because energy sectors have usually …

Persistent link: https://www.econbiz.de/10008572553

Green Tradable Certificates versus Feed-In Tariffs in the Promotion of Renewable Energy Shares

Requate, Tilman - 2015

energy sources for electricity production (RES-E). If an emission cap is the only policy target, an optimal mix consisting of …

Persistent link: https://www.econbiz.de/10013030307

Exchange Rate Pass-Through, Domestic Competition, and Inflation: Evidence from the 2005/08 Revaluation of the Renminbi

Auer, Raphael A. - CESifo - 2012

This paper quantifies the effect of the government-controlled appreciation of the Chinese renminbi (RMB) vis-à-vis the USD from 2005 to 2008 on the prices charged by US producers. As the RMB during that time was pegged to a basket of currencies, the empirical strategy must account for the fact...

Persistent link: https://www.econbiz.de/10010535633

Market Power and Inflation

Chirinko, Robert S.; Fazzari, Steven M. - CESifo - 2000

Market power exercised by firms has become central to macroeconomics. Recent theoretical work highlights the importance of the relation between market power and inflation. We examine this relation for individual firms in eleven U.S. industries. Our econometric framework exploits restrictions...

Persistent link: https://www.econbiz.de/10005094449

Trade Openness, Market Competition, and Inflation: Some Sectoral Evidence from OECD Countries

Binici, Mahir; Cheung, Yin-Wong; Lai, Kon S. - CESifo - 2011

This study evaluates the role market competition plays in determining inflation based on sector-level data from OECD countries. In theory, trade openness can affect inflation through changes in market competitiveness and productivity. Nonetheless, previous empirical studies often fail to account...

Persistent link: https://www.econbiz.de/10009391719

Trade Openness, Market Competition, and Inflation : Some Sectoral Evidence from OECD Countries

Binici, Mahir - 2013

Persistent link: https://www.econbiz.de/10013091833

Exchange Rate Pass-Through, Domestic Competition, and Inflation : Evidence from the 2005/08 Revaluation of the Renminbi

Auer, Raphael A. - 2015

Persistent link: https://www.econbiz.de/10013037032

House Prices, Local Demand, and Retail Prices

Stroebel, Johannes - 2015

We use detailed micro data to document a causal response of local retail price to changes in house prices, with elasticities of 15%-20% across housing booms and busts. Notably, these price responses are largest in zip codes with many homeowners, and non-existent in zip codes with mostly renters....

Persistent link: https://www.econbiz.de/10013009877

Environmental and Technology Policy Options in the Electricity Sector: Interactions and Outcomes

Fischer, Carolyn; Newell, Richard G.; Preonas, Louis - CESifo - 2014

Myriad policy measures aim to reduce greenhouse gas emissions from the electricity sector, promote generation from … lower electricity prices. Even with multiple market failures, emissions pricing remains the single most cost …

Persistent link: https://www.econbiz.de/10010764280

Pass-through of CO2 Emission Costs to Hourly Electricity Prices in Germany

Hintermann, Beat - CESifo - 2014

I estimate the level of emissions cost pass-through to hourly wholesale electricity prices in Germany, based on spot … generation, and intersecting it with residual demand for fossil-based electricity for every hour. Determining the marginal … electricity prices by at least 84 %, with a central range of 98 %–104 % for different load periods. My results suggest that there …

Persistent link: https://www.econbiz.de/10010948833