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I evaluate the effect of inflation targeting on inflation and how it interacts with product market deregulation during … market deregulation, the effect of inflation targeting is quantitatively important and statistically significant. Moreover …, product market deregulation also matters in particular in countries that adopted an inflation targeting regime. I propose a …
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therefore analyze the drivers of restricted participation in the German intraday auctin which is a short-term electricity market … with quarter-hourly products. Applying a fundamental electricity market model with 15-minute temporal resolution, we … identify the lack of sub-hourly market coupling being the most relevant driver and restricted participation. We derive a proxy …
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