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Risk Premia in Electricity Wholesale Spot Markets– Empirical Evidence from Germany
Pietz, Matthäus - Center for Entrepreneurial and Financial Studies <München> - 2009
analysis of the German electricity wholesale spot market which is located at the European Energy Exchange (EEX). Our dataset …This paper contributes to the ongoing discussion on price formation in electricity markets. For this, we conduct an … covers three spot market segments, namely the intraday market, the block contract market and the day-ahead market. Data …
Persistent link: https://www.econbiz.de/10005870222
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Testing Institutional Arrangements Via Agent-BasedModeling: A U.S. Electricity Market Example
Li, Hongyan; Sun, Junjie; Tesfatsion, Leigh - Iowa State University of Science and Technology <Ames, … - 2010
Many critical goods and services in modern-day economies are producedand distributed through complex institutional arrangements. Agent-based computationaleconomics (ACE) modeling tools are capable of handling this degree of complexity.In concrete support of this claim, this study presents an ACE...
Persistent link: https://www.econbiz.de/10009360740
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Market Cycles for a Non-Storable Product underAdjustment Costs
Hennessy, David A.; Lapan, Harvey E. - Iowa State University of Science and Technology <Ames, … - 2004
When adjustment costs are present, cyclical preference and technology heterogeneities in aproduct’s markets induce cycles in production. We exploit cyclic and dihedral groupinvariances in an industry’s cost technology to describe these patterns. We show whenequilibrium cyclical pricing and...
Persistent link: https://www.econbiz.de/10009360903
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Market Integration in the North and Baltic Seas, 1500-1800
Jacks, David S. - London School of Economics and Political Science - 2000
growth process has fallen under therubric of market integration, the conversion of discrete and autonomous markets intoan … interdependent and unified whole. This concept of market integration is particularlyrelevant to the early modern era in Europe, in …
Persistent link: https://www.econbiz.de/10005870755
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Unionisation Structures,Productivity, andFirm Performance
Braun, Sebastian - Sonderforschungsbereich Ökonomisches Risiko <Berlin> - 2009
remain in the market. Centralised bargaining also results in higheraverage output and prot levels than either decentralised …
Persistent link: https://www.econbiz.de/10008939776
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The Relevance of the EU Entry Price System for Imports of Fresh Fruits and Vegetables
Götz, Linde Johanna; Grethe, Harald - Universität <Berlin, Humboldt-Universität> / … - 2007
means of ad valorem tariffs of up to 20%, but also by the EUentry-price system (EPS), which is designed to restrict imports …
Persistent link: https://www.econbiz.de/10009305171
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Portrait des Finanzplatzes Schweiz - Schlussbericht 2007
Bretschger, Lucas; Geiger, Hans; Kappel, Vivien; … - Institut für Schweizerisches Bankwesen <Zürich>
Im 20. Jahrhundert hat sich die Schweiz zu einemder weltweit führenden Finanzplätze entwickelt. DieBedeutung des Finanzplatzes für die SchweizerischeWirtschaft ist heute weit grösser als in den meistenvergleichbaren Ländern. Der Finanzplatz trägt damiteinen grossen Anteil zum Wohlstand der...
Persistent link: https://www.econbiz.de/10009347519
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Konfliktverdächtige Positionen - Lohnverhandlungen auf betrieblicher Ebene würden Betriebsräte undManager in neue Rollen drängen
Nienhüser, Werner; Hoßfeld, Heiko - Universität <Duisburg; Essen> / Lehrstuhl für Arbeit, … - 2008
Persistent link: https://www.econbiz.de/10005866926
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CROSS-COUNTRY INCOME DIFFERENCESAND TECHNOLOGY DIFFUSION IN ACOMPETITIVE WORLD
Irmen, Andreas - Alfred-Weber-Institut für Sozial- und … - 2008
This paper develops a new open-economy endogenous growth modelwhere technology diffusion allows for a stable and non-degenerate world incomedistribution. In accordance with the empirical literature, I find that country characteristicssuch as the social infrastructure, the degree of openness, the...
Persistent link: https://www.econbiz.de/10005868385
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Die Organisation und Steuerung des Wandels von Industrien in der moderierten Wirtschaft
Weber, Hajo - 1994
Die vorliegende Arbeit behandelt die Frage der industriepolitischen Beeinflussung in asiatischen Ländern und ob es im Rahmen einer globalisierten Ökonomie, in der sich die Wissensbeständeim Abstand von 5 Jahren jeweils verdoppeln, auch weiterhin ein Erfolgsmodell sein wird.
Persistent link: https://www.econbiz.de/10005844966