electricity retail markets. Consumers observe the baseline price of the incumbent and decide whether or not to search. Incumbent …

Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling … underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the …

export prices. We identify a theoretical mechanism behind these links, which suggests that a more unequal income distribution … leads to higher average prices. We test the theory using detailed data for Brazilian exporters and find that the destination … countries ́first and second moment of the income distribution are important determinants of export prices. Controlling for …