The international community is negotiating a new global climate agreement to be applicable from 2020 onwards. Parties aim at signing the agreement in December 2015, at the Conference of Parties (COP) in Paris. Until then, countries are already preparing proposals for their individual...

Vor dem Hintergrund der EU-Ziele zur Digitalisierung und den sehr unterschiedlichen Entwicklungen in den Mitgliedsstaaten sind zukünftig erhebliche Anstrengungen zum Ausbau leistungsfähiger Kommunikationsnetze erforderlich. Im Rahmen einer ökonometrischen Analyse wird untersucht, welche...

We analyze the relation between European natural gas storage facilities and price patterns at major trading points, considering the theory of storage to derive a testable hypothesis imposed by the non-arbitrage condition. To model the efficiency of the natural gas market, we apply two indirect...