We estimate the elasticity of corporate taxable income with respect to the effective corporate tax rate on the basis of … significant and relatively large point estimate of the average tax base elasticity, which implies that a reduction of the … also find some statistically weak evidence for the hypothesis that the tax base elasticity is higher for corporations that …

The German decision to finally phase-out nuclear electricity has led to a debate on its effects on electricity prices …, emission prices in the European emission trading system, as well as on international electricity trade. We investigate these … phase-out on electricity and emission prices. Under a tight system, however, investments in conventional generation are …

We analyze the current regulatory regime for electricity transmission in Germany, which combines network planning with …

We develop a game-theoretic electricity market model that allows analyzing strategic electricity storage in an … storage operation. We find that introducing storage generally smoothes conventional generation patterns and market prices and … increases consumer rent and overall welfare. In contrast, electricity producers generally suffer from storage. We also find that …