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Exports and capacity constraints : evidence for several euro area countries

Belke, Ansgar; Oeking, Anne; Setzer, Ralph - 2015

model for six euro area countries suggests domestic demand and capacity constraints as additional variables for export … developments are relevant for short-run export dynamics particularly during more extreme stages of the business cycle. A …

Persistent link: https://www.econbiz.de/10011300368

Export hysteresis, capacity constraints and uncertainty : a smooth-transition analysis for euro area member countries

Belke, Ansgar; Wagemester, Jan - 2017

export market and vice versa takes place in a smooth manner. Areas of weak reaction of exports to changes in domestic demand … constraints as additional variables for export equations. We apply the exponential and logistic variant of a smooth transition … regression model and find that domestic demand developments and uncertainty are relevant for short-run export dynamics …

Persistent link: https://www.econbiz.de/10011718600

Current account imbalances and structural adjustment in the Euro area : how to rebalance competitiveness

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2009

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10003850175

Mitigating carbon leakage : combining output-based rebating with a consumption tax

Böhringer, Christoph; Rosendahl, Knut Einar; … - 2015

Unilateral climate policy induces carbon leakage through the relocation of emission-intensive and trade-exposed industries to regions with no or more lenient emission regulation. Both analytical and numerical studies suggest that emission pricing combined with border carbon adjustments may be a...

Persistent link: https://www.econbiz.de/10011300313

Different extent of privatisation proceeds in EU countries : a preliminary explanation using a public choice approach

Belke, Ansgar; Baumgärtner, Frank; Schneider, Friedrich; … - 2005

This paper empirically investigates the differences in the motives of raising privatisation proceeds for a panel of EU countries from 1990 to 2000. More specifically, we test whether privatisations can be mainly interpreted (a) as ingredients of a larger reform package of economic liberalisation...

Persistent link: https://www.econbiz.de/10003204038

Asymmetries in the trans-Atlantic monetary policy relationship : does the ECB follow the Fed?

Belke, Ansgar (contributor); Gros, Daniel (contributor) - 2005

The belief that the ECB follows the US Federal Reserve in setting its policy is so entrenched with market participants and commentators that the search for empirical support would seem to be a trivial task. However, this is not the case. We find that the ECB is indeed often influenced by the...

Persistent link: https://www.econbiz.de/10002749782

Europe beyond coal - an economic and climate impact assessment

Böhringer, Christoph; Rosendahl, Knut Einar - 2020

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....

Persistent link: https://www.econbiz.de/10012241075

Kill Bill or tax : an analysis of alternative CO2 price floor options for EU member states

Böhringer, Christoph; Fischer, Carolyn - 2020

Several EU member states are exploring options for setting minimum domestic carbon prices within the EU Emission Trading System (ETS). First, a "TAX" policy would introduce a carbon tax equal to the difference between the prevailing ETS price and the targeted minimum price. Second, a national...

Persistent link: https://www.econbiz.de/10012300226

Smart hedging against carbon leakage

Böhringer, Christoph; Rosendahl, Knut Einar; … - 2019

Policy makers in the EU and elsewhere are concerned that unilateral carbon pricing induces carbon leakage through relocation of emission-intensive and trade-exposed industries to other regions. A common measure to mitigate such leakage is to combine an emission trading system (ETS) with...

Persistent link: https://www.econbiz.de/10012118539

The reverse waterbed effect of sector coupling : unilateral climate policies and multilateral emissions trading

Böhringer, Christoph; Helm, Carsten - 2023

It is widely acknowledged that the transition towards a zero-emissions economy requires electrification of energy-related processes across all sectors of the economy - so-called sector coupling. In our analysis we consider countries whose electricity sectors are regulated by a multilateral...

Persistent link: https://www.econbiz.de/10014251225