-level wages reacted to variations in the regional unemployment rate. The elasticity of wages with respect to unemployment, they …

market into multiple bidding zones with deviating electricity prices. Expectations for such a design include incentives for …Requirements for the electricity network in Germany increased in recent years due to the energy transition. The … sources, as well as liquid electricity markets. The result would be a more efficient and economic coordination of electricity …

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 study the strategic utilization of storage in imperfect electricity markets. We apply a game-theoretic Cournot model …