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This paper presents an introductory analysis of price formation and volatility in the European Union Emissions Trading … market. First, price formation seems to take place on price sets that are coarser than those offered by the exchanges. Second …, price formation in the EUA spot market (BlueNext) may be strongly affected by the price formation in the EUA futures market …
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Trading Scheme (EU ETS). Our results suggest that EU Emission Allowance (EUA) price developments matter to the stock … performance of electricity firms: EUA price changes and stock returns of the most important European electricity corporations are …
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