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Persistent link: https://www.econbiz.de/10003334049
economically founded principles gains increasing relevance. Nevertheless, there are further reform potentials to be exhausted in …
Persistent link: https://www.econbiz.de/10003945194
economically founded principles gains increasing relevance. Nevertheless, there are further reform potentials to be exhausted in …
Persistent link: https://www.econbiz.de/10009157195
Persistent link: https://www.econbiz.de/10010355169
Persistent link: https://www.econbiz.de/10003720071
The 2015 reform of the EU’s court system will go down in history as the most radical transformation of the EU judicial … both the process by which they were adopted and their overall merits. After providing a detailed examination of the reform … administered. It concludes by presenting this reform process as a missed opportunity to address, in a more holistic manner, the …
Persistent link: https://www.econbiz.de/10011741593
Persistent link: https://www.econbiz.de/10012584952
This paper investigates the dynamics of aggregate wages and prices in the United States (US) and the Euro Area (EA) with a special focus on persistence of real wages, wage and price inflation. The analysis is conducted within a structural vector errorcorrection model, where the structural shocks...
Persistent link: https://www.econbiz.de/10003867061
World power and gas markets have a natural relationship with global tradable carbon permits markets, including the U.S. Clean Air Act Amendments and the EU Emissions Trading Scheme, the latter officially launched in January 2005. Electric utilities operate their power plants based in part on the...
Persistent link: https://www.econbiz.de/10003394343
The authors model trades-through, i.e. transactions that reach at least the second level of limit orders in an order book. Using tick-by-tick data on Euronext-traded stocks, they show that a simple bivariate Hawkes process fits nicely their empirical observations of tradesthrough. The authors...
Persistent link: https://www.econbiz.de/10009550135