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When estimating future or pro forma financial statements and free cash flows we need to estimate future prices. In doing this we must estimate nominal increases in prices of many items, for instance selling prices, inputs prices (raw material, labor, overhead, etc.), cost of future debt, and...
Persistent link: https://www.econbiz.de/10014113186
Discounting future costs and benefits is a crucial yet contentious practice in the appraisal of long-term public projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily substitutable with manufactured goods and often exhibit...
Persistent link: https://www.econbiz.de/10013293280
Discounting future costs and benefits is a crucial yet contentious practice in the appraisal of long-term public projects with environmental consequences. The standard approach typically neglects that ecosystem services are not easily substitutable with manufactured goods and often exhibit...
Persistent link: https://www.econbiz.de/10013168021
This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …
Persistent link: https://www.econbiz.de/10010433597
This paper analyzes the functioning of the markets for electricity reserves in Germany. We provide an overview of the …
Persistent link: https://www.econbiz.de/10014217888
This paper presents a theoretical and empirical analysis of liquidity in the German intraday market for electricity …
Persistent link: https://www.econbiz.de/10013062320
System security in electricity markets relies crucially on the interaction between demand and supply over time. However …, research on electricity markets has been mainly focusing on the supply side arguing that demand is rather inelastic. Assuming … perfectly inelastic demand might lead to delusive statements regarding the price formation in electricity markets. In this …
Persistent link: https://www.econbiz.de/10011517142
This paper estimates establishment-level employment effects of investment grants in one of the German Federal States …-specific and regional information from different sources. The results suggest that investment grants have a positive influence on …
Persistent link: https://www.econbiz.de/10011856813
Persistent link: https://www.econbiz.de/10009735090
Persistent link: https://www.econbiz.de/10012201698