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The future international climate policy architecture will most likely consist of partial climate policy initiatives like the EU's Emission Trading System. Trade integration threatens to undermine these systems' environmental effectiveness by shifting emissions to other countries. We estimate a...
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regime at the beginning of the sample towards a low variance regime. The estimation results suggest that four permanent and …
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increases labor supply elasticities by up to 100 percent. As a consequence, we propose a new estimation strategy which overcomes …
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-run restrictions on a VAR model to disentangle the effects of both shocks. We find that optimism shocks - in line with theory - reduce …
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on the demand estimation we find that consumer valuation of FTTH broadband in 2013 increased over time while ADSL lost on …
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