Mokinski, Frieder; Wölfing, Nikolas - In: Journal of Regulatory Economics 45 (2014) 2, pp. 175-193
We find an asymmetric pass-through of European emission allowance (EUA) prices to wholesale electricity prices in Germany and show that this asymmetry disappeared in response to a report on investigations by the competition authority. The asymmetric pricing pattern, however, was not detected at...