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-2020, we find for manufacturing establishments a gas price elasticity of labor demand of -0.02, likely reflecting a scale … effect. We also show that a rise in the gas price leads to an increase in establishment closure. A negative impact of the gas … price on wages of 2 percent is consistent with rent-sharing. …
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in China, Europe and the ASEAN countries, but lower prices, in a supply glut may stimulate more gas demand in price …
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Natural gas plays an important role in Europe. It is a bridging technology for the transition of the electricity system and has also a significant potential to reduce CO2 emission in the mobility and heating sectors. Nevertheless, Europe is strongly dependent on imports of natural gas. While it...
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, supply and inventory shocks. We document how gas price fluctuations have a heterogeneous pass-through to euro area prices …
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