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The objective of this discussion paper is to explore the consequences for monetary policy from the establishment of an international digital currency modeled like Libra. For this purpose, a basic assessment of the behavior of economic agents is conducted and possible conflicts with monetary...
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In 2009, Germany adopted a new system of regulating energy networks. The German regulatory commission (Bundesnetzagentur) now imposes price caps (RPI-X) on network charges in order to foster competition between power-supply companies. The price formula needed to calculate these price caps...
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