Showing 1 - 10 of 450
Persistent link: https://www.econbiz.de/10011402670
We investigate the displacement effects of phase-out-of-coal policies in a stylized model of electricity generation and … CO2 regulation, in which a group of countries operates an emissions trading scheme (ETS). Electricity markets are either … electricity, some emissions as well as some coal-based electricity "leak" into other countries and the aggregate welfare of the …
Persistent link: https://www.econbiz.de/10011986157
multiple channels to energy shocks, even though electricity and gas bills represent a very small share of their total costs … most energy intensive firms. We also find that the impact of electricity shocks has weakened over time, suggesting that … electricity and gas price increases, firms are less able to reduce their consumption. These results shed light on the mechanisms …
Persistent link: https://www.econbiz.de/10014310091
(particularly for baseload prices). Among energy sources, natural gas has the largest effect on electricity prices. Importantly, the … green the energy matrix on retail electricity prices are first order. CO2 permit prices strongly impact electricity prices …We analyse the drivers of European Power Exchange (EPEX) retail electricity prices between 2012 and early 2022 using …
Persistent link: https://www.econbiz.de/10013262773
After the financial crisis of 2008, central banks around the world have increased their communication efforts to reach consumers, with the aim of both guiding and anchoring their inflation expectations. For the expectations channel of monetary policy to work as intended, central banks need a...
Persistent link: https://www.econbiz.de/10014383922
This paper examines how households adjusted their consumption behavior in response to COVID-19 infection risk during the early phase of the pandemic. We use a monthly consumption survey specifically designed by the German Statistical Office covering the second wave of COVID-19 infections from...
Persistent link: https://www.econbiz.de/10014252555
interventions can be scaled up. In cooperation with a large public utility in Germany, we develop an energy savings application for … set themselves energy consumption targets. The roll-out of the app is promoted by a mass-marketing campaign and large … financial incentives. Results document low demand for the energy app in the general population and a tightly estimated null …
Persistent link: https://www.econbiz.de/10012260629
This paper presents new evidence on the question: Why don’t consumers switch electricity contracts? By conducting a … knowledge of the retail electricity market, their beliefs, preferences, and intentions to switch providers. Crucially, I can … matter. These results raise the fundamental question: Why should consumers actively choose electricity contracts? Instead …
Persistent link: https://www.econbiz.de/10014550939
Assortment decisions are key strategic instruments for firms responding to local market conditions. We assess this claim by studying the effect of a national merger between two large Dutch supermarket chains on prices and on the depth as well as composition of assortment. We adopt a...
Persistent link: https://www.econbiz.de/10011846229
We investigate the prevalence of factors associated with participation in the sex market among men resident in Britain using data from Britain's National Survey of Sexual Attitudes and Lifestyles (Natsal-2, 199-2001,Natsal-3, 2010-2012). The percentage of men asking for paid sex is about 12 per...
Persistent link: https://www.econbiz.de/10011781062