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Low Homeownership in Germany - A Quantitative Exploration
Kaas, Leo - 2018
The homeownership rate in Germany is one of the lowest among advanced economies. To better understand this fact, we … analyze the role of three specific policies which discourage homeownership in Germany: an extensive social housing sector with … payments by owner-occupiers. We build a lifecycle model with uninsurable income risk and endogenous homeownership in order to …
Persistent link: https://www.econbiz.de/10012929253
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Liberalizing Russian Gas Markets – An Economic Analysis
Aune, Finn Roar - 2017
The Russian gas market is highly regulated. In this paper we examine possible impacts of regulatory changes on the demand side of this market. In particular, we consider the effects on Russian energy consumers of removing natural gas subsidies, and how changes in Russian gas consumption may...
Persistent link: https://www.econbiz.de/10012971536
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Phasing Out Nuclear Power in Europe
Aune, Finn Roar - 2015
We explore the impact of an EU-wide nuclear phase-out by 2030 provided the EU energy and climate policy for 2030 is implemented. Using a numerical simulation model of the European energy industry (LIBEMOD), we find that a complete nuclear phase-out in Europe by 2030 has a moderate impact on...
Persistent link: https://www.econbiz.de/10013020510
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Modeling UK Natural Gas Prices When Gas Prices Periodically Decouple from the Oil Price
Asche, Frank - 2015
When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...
Persistent link: https://www.econbiz.de/10013026625
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The Effectiveness of Taxing Carbon Content of Energy Consumption
Sen, Suphi - 2016
We estimate the long-run effect of a uniform carbon tax on energy consumption by using a new and unique dataset in which effective tax rates of OECD countries are calculated in terms of carbon dioxide emissions. The effective tax rates account for the widely discussed tax deductions for specific...
Persistent link: https://www.econbiz.de/10012984745
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France's Environmental Policies : Internalising Global and Local Externalities
Égert, Balázs - 2021
France has a very ambitious environmental-policy agenda, aimed chiefly at cutting greenhouse gas (GHG) emissions but also at dealing with local air and water pollution, waste management and the conservation of biodiversity. The laws that followed the Grenelle de l’environnement encompass...
Persistent link: https://www.econbiz.de/10013315889
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Is There a Green Paradox?
Hoel, Michael - 2021
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10013316163
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Is there a Green Paradox?
Hoel, Michael - CESifo - 2010
A sufficiently rapidly rising carbon tax may increase near-term emissions compared with the case of no carbon tax. Even so, such a carbon tax path may reduce total costs related to climate change, since the tax may reduce total carbon extraction. A government cannot commit to a specific carbon...
Persistent link: https://www.econbiz.de/10008671724
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Modeling UK Natural Gas Prices when Gas Prices Periodically Decouple from the Oil Price
Asche, Frank; Oglend, Atle; Osmundsen, Petter - CESifo - 2015
When natural gas prices are subject to periodic decoupling from oil prices, for instance due to peak-load pricing, conventional linear models of price dynamics such as the Vector Error Correction Model (VECM) can lead to erroneous inferences about cointegration relationships, price adjustments...
Persistent link: https://www.econbiz.de/10011194232
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France's Environmental Policies: Internalising Global and Local Externalities
Egert, Balazs - CESifo - 2012
France has a very ambitious environmental-policy agenda, aimed chiefly at cutting greenhouse gas (GHG) emissions but also at dealing with local air and water pollution, waste management and the conservation of biodiversity. The laws that followed the Grenelle de l’environnement encompass...
Persistent link: https://www.econbiz.de/10010559788