technologies are likely to be postponed due to the peculiar characteristics of emission allowance prices. Furthermore, this price …

find that prices have a negative impact on transitions in the sense that an increase in the brand price will reduce the … transition from generics to brand and likewise an increase in the generic price will reduce the transition from brand to generics …

efficient firms are active. This is likely to lead to price increases, rather than decreases. …

In a partial equilibrium setting without price uncertainty, the balanced-budget substitution of an ad valorem tax on … competitive market characterised by uncertainty about the commodity price, if firms can respond to the revelation of demand …

natural policy experiment in Norway, to what extent the price responsiveness of prescription choices is affected when the … structural model for the three drugs, covering demand and price setting, is estimated in a joint maximum likelihood approach. We …

This paper is concerned with carbon price volatility and the underlying causes of large price movements in the European …. The jump-GARCH model explains the unsteady carbon price movement well and, moreover, shows that between 40 and 60 percent … of the carbon price variance are triggered by jumps. Information regarding EUA supply and news from international carbon …