Ziel dieser Studie ist die Analyse der Entwicklung der Preiskonvergenz und der Informationseffizienzim deutschen Gasgroßhandelsmarkt im Anschluss an die Einführung desZweivertragsmodells. Die Untersuchungen zur Preiskonvergenz stützen sich auf dieJohansen Methode und den Ansatz zeitvarianter...

In 2007, Germany changed network access regulation in the natural gas sector and introduced a so-called entry-exit system. The re-regulation's spot market effects remain to be examined. We use cointegration analysis and a state space model with time-varying coefficients to study the development...

Reducing global carbon emissions and mitigating the adverse impacts of climate change is a fundamental environmental challenge. Australia's target is to reduce carbon emissions by between 26% and 28% by 2030 compared to 2005 emission levels. Carbon pricing can be an effective market-based...