Over 40% of the total energy consumed in Europe is used for the generation of heat for either domestic or industrial purposes. Meanwhile, the demand for cooling is steadily increasing in all European Member State. In this context, it is essential to identify the heating and cooling demand in the...

We provide evidence on the policy risk of social security in Hungary, Czech Republic and Slovakia by computing the changes in the social security wealth induced by the pension reforms undertaken since the 1990s. Methodologically we follow upon McHale' (2001) study of selected reforms in G7...