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The gas price shock has been a major contributor to inflation in Germany. In this context, Dullien and Weber (2022a, b …, c) proposed a two-tier pricing scheme for natural gas in the spring of 2022 that lowers the price for a base quota … dampen the effects of the gas price shock and initiated the so-called "gas price brake" that implements such a two …
Persistent link: https://www.econbiz.de/10014334675
Persistent link: https://www.econbiz.de/10014334678
We analyze the relation between European natural gas storage facilities and price patterns at major trading points …
Persistent link: https://www.econbiz.de/10010265029
induce price increases in gas importing countries up to 22%. There is evidence that the natural gas markets in Europe and … gas exporting countries supplies is further illustrated by the results of a sensitivity case in which price levels are up …
Persistent link: https://www.econbiz.de/10010274286
This SIMAT Working Paper deals with an intensively discussed topic in the German natural gas economy: The price-link in … natural gas contracts. Because of opposite price developments of the energy commodities such as oil, coal or natural gas, the … traditionally used oil price-link is facing a reset. Shifting market dynamics in supply and demand of natural gas are the …
Persistent link: https://www.econbiz.de/10010317981
Die Gasversorgung sieht sich mit zwei widerstreitenden Zielen konfrontiert: auf der einen Seite die Liberalisierung und wettbewerbskonforme Ausgestaltung bislang monopolistisch organisierter Märkte, die zu deutlich sinkenden Bereitstellungskosten und Energiepreisen führen soll; auf der anderen...
Persistent link: https://www.econbiz.de/10011315166
2002. The relationship between the international gas marker prices, and their relation to the oil price, are investigated …
Persistent link: https://www.econbiz.de/10010324208
This paper provides a textbook example of integration between commodity markets, and the subsequent price convergence … or absence thereof. We analyze price relations between spot markets for natural gas in Europe. We apply time …-varying coefficient estimation applying the Kalman filter, to test whether price convergence between different locations is really taking …
Persistent link: https://www.econbiz.de/10010296793
of daily spot prices for natural gas in North America and Europe we investigate price dynamics covering the period from …
Persistent link: https://www.econbiz.de/10010265030
of price and income elasticities for alcohol beverages. The analysis improves on previous meta-analyses by correcting for … exceeds the database used in previous reviews and meta-analyses. Results: For individual beverages, corrected price …. The average price and income elasticities are: beer, -0.30 and 0.50; wine, -0.45 and 1.00; and spirits, -0.55 and 1 …
Persistent link: https://www.econbiz.de/10011599768