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Does a renewable fuel standard for biofuels reduce climate costs?
Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar - 2014
Recent literature on biofuels has questioned whether biofuels policies are likely to reduce the negative effects of climate change. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard in a dynamic model taking into account...
Persistent link: https://www.econbiz.de/10010336584
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Does a renewable fuel standard for biofuels reduce climate costs?
Greaker, Mads; Hoel, Michael; Rosendahl, Knut Einar - 2012
Recent contributions have questioned whether biofuels policies actually lead to emissions reductions, and thus lower climate costs. In this paper we make two contributions to the literature. First, we study the market effects of a renewable fuel standard. Opposed to most previous studies we...
Persistent link: https://www.econbiz.de/10009687216
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Systematic monetary policy and the macroeconomic effects of shifts in loan-to-value ratios
Bachmann, Ruediger; Rüth, Sebastian - 2017
What are the macroeconomic consequences of changing aggregate lending standards in residential mortgage markets, as measured by loan-to-value (LTV) ratios? In a structural VAR, GDP and business investment increase following an expansionary LTV shock. Residential investment, by contrast, falls, a...
Persistent link: https://www.econbiz.de/10011646925
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What do we really know about fiscal sustainability in the EU? : a panel data diagnostic
Afonso, António (contributor);  … - 2008
Persistent link: https://www.econbiz.de/10003641707
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Transmission of business cycle shocks between the US and the euro area
Schneider, Martin; Fenz, Gerhard - 2008
Persistent link: https://www.econbiz.de/10003773540
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Does money matter for inflation in the euro area?
Kugler, Peter; Kaufmann, Sylvia - 2005
Persistent link: https://www.econbiz.de/10003158564
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Emissions trading, CDM, JI, and more : the climate strategy of the EU
Klepper, Gernot (contributor); Peterson, Sonja (contributor) - 2005
The objective of this paper is to assess the likely allocation effects of the current climate protection strategy as it is laid out in the National Allocation Plans (NAPs) for the European Emissions Trading Scheme (ETS). The multi-regional, multi-sectoral CGEmodel DART is used to simulate the...
Persistent link: https://www.econbiz.de/10003356616
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Europe's hard fix : the euro area
Issing, Otmar - 2006
Persistent link: https://www.econbiz.de/10003340303
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Spend-and-tax : a panel data investigation for the EU
Afonso, António; Rault, Christophe - 2009
, we study the causality between government spending and revenue for the EU in the period 1960-2006. We find spend … Finland and the UK, and for several EU New Member States. Moreover, in the run-up to EMU there was some shifting away from a … spend-and-tax strategy, implying adjustments of fiscal behaviour. -- panel causality ; fiscal policy ; EU …
Persistent link: https://www.econbiz.de/10003861754
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Tax-co-ordination in Europe : assessing the first years of the EU-savings taxation directive
Hemmelgarn, Thomas; Nicodème, Gae͏̈tan J.A. - 2009
This paper reviews the economic effects of the EU Savings Taxation Directive. The Directive aims at enabling taxation …
Persistent link: https://www.econbiz.de/10003861869