Showing 41 - 50 of 458
Barro et al. (2022) investigate the quantity of safe assets held in the cross-section of developed countries and find that the average safe-asset ratio (ratio of safe assets to total assets) was 37% in 2015 and has remained relatively stable over time. They also document a crowding-out...
Persistent link: https://www.econbiz.de/10014532303
To ensure sustainable green hydrogen (H2) production, the European Union (EU) has introduced regulatory frameworks, such as the Delegated Act on Renewable Hydrogen. These regulations aim to ensure positive environmental effects through green hydrogen by establishing criteria of additionality, as...
Persistent link: https://www.econbiz.de/10015046506
Different methods for the translation of financial statements of foreign subsidiaries result in different profit contributions in the consolidated financial statements and accordingly to different amounts of capital maintained as measured in the group's reporting currency. The translation...
Persistent link: https://www.econbiz.de/10010299003
We analyze the treatment and impact of idiosyncratic or firm-specific risk in regulation. Regulatory authorities regularly ignore firm-specific characteristics, such as size or asset ages, implying different risk exposure in incentive regulation. In contrast, it is common to apply only a single...
Persistent link: https://www.econbiz.de/10010330308
Small decentralized power generation units (DG) are politically promoted because of their potential to reduce GHG-emissions and the existing dependency on fossil fuels. A long term goal of this promotion should be the creation of a level playing field for DG and conventional power generation....
Persistent link: https://www.econbiz.de/10010420933
Ueber das Fuer und Wider einer Foerderung Erneuerbarer Energien mittels spezifischer Foerderinstrumente wie dem EEG sowie ueber die bestmoegliche Ausgestaltung dieser Instrumente sind in den letzten Jahren viele sowohl praxisorientierte als auch wissenschaftliche Debatten gefuehrt worden. Dabei...
Persistent link: https://www.econbiz.de/10010420934
In principle, portfolio optimization in electricity markets can make use of the standard mean-variance model going back to Markowitz. Yet a key restriction in most electricity markets is the limited liquidity. Therefore the standard model has to be adapted to cope with limited liquidity. An...
Persistent link: https://www.econbiz.de/10010420935
The electricity generation mix of many European countries is strongly dominated by fossil fuelled power plants. Given that CO2-emissions are responsible for a major part of the anthropogenic greenhouse effect, emission trading has been introduced in the EU in 2005. Under the European emissions...
Persistent link: https://www.econbiz.de/10010420936
The efficiency of capital markets has been questioned almost as long as the efficient market hypothesis had been worked out. Numerous critics have been formulated against this hypothesis, questioning notably the behavioural assumptions underlying the efficient market hypothesis. The present...
Persistent link: https://www.econbiz.de/10010420937
Ein moeglichst kostenguenstiges und oekologisches Heizsystem zu waehlen, ist für Gebaeudebesitzer von groeßter Wichtigkeit. Bisher gaengige Antworten sind jedoch spaetestens seit diesem Jahr nicht mehr uneingeschraenkt gueltig. Zum einen waren die Preise für Erdgas und Heizoel zuletzt...
Persistent link: https://www.econbiz.de/10010420938