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Perspectives of the European natural gas markets until 2025
Holz, Franziska; von Hirschhausen, Christian R.; … - 2008
We apply the EMF 23 study design to simulate the effects of the reference case and the scenarios to European natural gas supplies to 2025. We use GASMOD, a strategic severallayer model of European gas supply, consisting of upstream natural gas producers, traders in each consuming European...
Persistent link: https://www.econbiz.de/10010274285
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How stable are monetary models of the Dollar-Euro exchange rate? A time-varying coefficient approach
Beckmann, Joscha; Belke, Ansgar; Kühl, Michael - 2009
exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro …
Persistent link: https://www.econbiz.de/10010271135
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EU banks rating assignments: Is there heterogeneity between new and old member countries?
Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2010
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our aim is to assess whether old and new EU countries are rated differently and to determine whether new ones are assigned lower ratings, ceteris paribus, than old ones. We find that...
Persistent link: https://www.econbiz.de/10010271360
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Accidents, liability obligations and monopolized markets for spare parts: profits and social welfare
Baake, Pio - 2008
We analyze the effects of accidents and liability obligations on the incentives of car manufacturers to monopolize the markets for their spare parts. We show that monopolized markets for spare parts lead to higher overall expenditures for consumers. Furthermore, while the manufacturers invest...
Persistent link: https://www.econbiz.de/10010265005
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The impact of domestic and global biofuel mandates on the German agricultural sector
Sorda, Giovanni; Banse, Martin; Kemfert, Claudia - 2009
Persistent link: https://www.econbiz.de/10010271120
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The euro changeover and price adjustments in Italy
Caporale, Guglielmo Maria; Girardi, Alessandro; … - 2011
By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro …
Persistent link: https://www.econbiz.de/10010286297
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Die Einstellung zum Euro : eine empirische Analyse mit Daten des Soziooekonomischen Panels (SOEP)
Isengard, Bettina; Schneider, Thorsten - 2002
In der Bundesrepublik Deutschland ist der Anteil der Personen, die sich im Zusammenhang mit der Einführung des Euro … Daten des SOEP zeigen, dass Personen mit höherer Bildung und größerer ?Financial Literacy? sich seltener über den Euro … Einführung des Euro-Bargelds wird anhand sozialpsychologischer Theorien der Einstellungsänderungen diskutiert. Hier überzeugt der …
Persistent link: https://www.econbiz.de/10010260644
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The Attitudes towards the Euro : An Empirical Study based on the German Socio-Economic Panel (SOEP)
Schneider, Thorsten; Isengard, Bettina - 2004
This paper investigates the attitudes towards the Euro and their changes over time in Germany by using longitudinal … selfperception and cognitive dissonance. According to these theories, concerns should diminish after the Euro notes and coins are … concerns about the Euro. We discover that problems with the handling of the new money and the time of questioning are strong …
Persistent link: https://www.econbiz.de/10010260678
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M3 money demand and excess liquidity in the euro area
Dreger, Christian; Wolters, Jürgen - 2008
Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find …, a rise in the income elasticity after 2001 is taken into account. The break might be linked to the introduction of euro …
Persistent link: https://www.econbiz.de/10010291768
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Money velocity and asset prices in the euro area
Dreger, Christian; Wolters, Jürgen - 2008
Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand …
Persistent link: https://www.econbiz.de/10010291770