This paper is a first attempt to empirically measure transaction costs – a composite of administrativecosts and trading costs – of firms in the European Union's CO2 Emissions Trading Scheme (EU ETS)during its trial phase (2005-2007). This analysis provides some evidence that transaction...

The Emissions Trading scheme now (January 2003) in prospect in the European Union is likely to be the first trans-national greenhouse gas emissions trading scheme in the world. With the participation of the European Economic Area [EEA] countries and with the forthcoming EU enlargement, 30...

Past studies of regional economic disparities in the EU are entirely based on the information provided by macroeconomic variables. This paper considers the microeconomic perspectives of a region, paying attention not only to average but also to inequality levels of individual incomes within...

This paper provides an empirical study of the determinants of income inequality across regions of the EU. Using the European Community Household Panel data set for 102 regions over the period 1995-2000, it analyses how microeconomic changes in human capital distribution affect income inequality...

The aim of this paper is to visualise and describe the educational attainment and inequality distributions and to detect patterns of global and local spatial autocorrelation, using the European Community Household Panel dataset for 102 regions over the period 1995-2000. It investigates the...

This paper investigates the simulation of common policy reforms across different countries. Changes to the equivalence scales of social assistance systems in favour of pensions and children in Germany, Ireland and the UK were modelled. Unlike a number of previous studies of this kind such as...