The global supply of natural gas is fixed in the short run. Europe can replace the missing Russian gas only by bidding more than consumers elsewhere, especially in Asia, are willing to pay. The supply of gas available for Europe is thus highly inelastic; therefore, the marginal cost is an order...

This paper applies an ANOVA-type of meta-analysis to the evaluation of agri-environmental policy in theEuropean Union. Meta-analysis is concerned with the statistical analysis of previous research results, andhas become an established technique in the medical and natural science. The paper...

This study analyses the economic and political consequences of introducing a tax on the carbon content of imported goods at EU borders and whether such a tax would be compatible with WTO rules. The major findings are: 1. A CO2 border tax or import tariff would increase global welfare; 2. Such a...

Economic performance and stabilization policy in a monetary union with imperfect labor and goods' markets / Fabrizio Coricelli, Alex Cukierman, and Alberto Dalmazzo ; Discussant: Erkki Koskela -- Asymmetric transmission of monetary policy: what should the ECB do if one size does not fit all? /...