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Persistent link: https://www.econbiz.de/10009446151
Traditional economic theory regards the social costs of monopoly as the reduction in both consumer and producer surplus …
Persistent link: https://www.econbiz.de/10009480687
In the following decades there will be a fundamental structural change in the European power supply system. This structural change is forced by several factors, e.g. the European Union Greenhouse Gas Emission Trading Scheme, the strategic goal for the European Union of a more sustainable...
Persistent link: https://www.econbiz.de/10009467470
Die Arbeit untersucht das Auftreten von Externen Kosten im Rahmen der Verbraucherverschuldung, sowie die Wirkungen verschiedener rechtlicher Regelungen auf die Arbeitsleistung der Kreditnehmer nach der Kreditaufnahme. Sie konzentriert sich dabei auf drei „Arten“ von externen Kosten:1....
Persistent link: https://www.econbiz.de/10009449650
-separability of the utility function, inflation aversion, nominal transaction frictions). The monograph is organized as follows … market share competition with the assumption that agent?s behavior is characterized by inflation aversion. Chapter IV is … devoted to the GMM estimation of crucial parameters of the inflation-aversion model of the previous chapter. A model featuring …
Persistent link: https://www.econbiz.de/10009482289
explain the development of inflation dynamics and the formation process of inflation expectations of households respectively. We …
Persistent link: https://www.econbiz.de/10009429015
This paper takes a welfare-view on eastern enlargement of the EU, focusing on incumbent countries. Enlargement is decomposed into three elements: Single-market integration on commodity markets, budgetary costs from EU-expenditure policies, and single market- induced migration from new to present...
Persistent link: https://www.econbiz.de/10009442323
Although the key concept of a quota is simple – to set a limit on production – the market and welfare implications of operating a quota system are relatively complex. The purpose of the analysis reported in this paper is to address two aspects relevant to an evaluation of quota systems. First,...
Persistent link: https://www.econbiz.de/10009442541
A framework is developed for examining the price and welfare effects of the introduction of genetically modified (GM) crops. In the short run, non-GM grain generally becomes another niche product. However, more profound market effects are observed under some reasonable parameterizations. In the...
Persistent link: https://www.econbiz.de/10009443039
Ten years ago, Austria, Finland, and Sweden joined the EU. The application of the Common Agricultural Policy (CAP) caused major repercussions on the agricultural sectors of the entering countries. This article analyses the welfare effects of accession to the EU on the agricultural markets in...
Persistent link: https://www.econbiz.de/10009443858