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The research question addressed by this paper is a simple one: are European consumers happy with the services provided by the utilities after two decades of reforms? We focus on electricity, gas, water, telephone in the EU 15 Member States. The variables we analyse are consumers' satisfaction...
Persistent link: https://www.econbiz.de/10010312433
The paper addresses the dynamic-incentive effect of environmental policy instruments when innovation is uncertain and …) and downstream (car recycling/recovery) of the ELV system can give rise to different "innovation paths", in accordance … involved. The impact of economic instruments on innovation paths, in particular free take-back, is considered. Deficiencies or …
Persistent link: https://www.econbiz.de/10010312478
We examine an incentive scheme for a group of agents, where all agents are rewarded if the group meets its target. If the group does not meet its target, only the agents that meet their individual target are rewarded. In environmental policy, the EU burden sharing agreement and the UK Climate...
Persistent link: https://www.econbiz.de/10010312498
This paper addresses the economic impact of the EU Emission Trading Scheme for carbon on wholesale electricity and gas prices. Specifically, we analyse the mutual relationships between electricity, gas and carbon prices in the daily spot markets in the United Kingdom. Using a structural...
Persistent link: https://www.econbiz.de/10010312547
Repo auctions are used to inject central bank funds against collateral into the banking sector. The ECB uses standard discriminatory auctions and hundreds of banks participate. The amount auctioned over the monthly reserve maintenance period is in principle exactly what banks collectively need...
Persistent link: https://www.econbiz.de/10010312552
and Japanese firms. For Europe, which is commonly considered as the greenest of the three major developed economic markets …
Persistent link: https://www.econbiz.de/10010312567
The European Union Emission Trading System (EU ETS) is a landmark environmental policy, representing the world's first large-scale greenhouse gas (GHG) trading program. The coexistence of state actors and top-down processes with stakeholders participation and flexible abatement strategies make...
Persistent link: https://www.econbiz.de/10010312622
The upcoming European Emissions Trading Scheme (ETS) is one of the more controversial climate policy instruments. Predictions about its likely impact and its performance can at present only be made to a certain degree. As long as the National Allocations Plans are not finally settled the overall...
Persistent link: https://www.econbiz.de/10010312664
Auf ihrem letzten Gipfeltreffen Ende März haben die europäischen Staats- und Regierungschefs einen Europäischen Stabilisierungsmechanismus für die Zeit nach 2013, eine Schärfung des Stabilitäts- und Wachstumspaktes und einen Euro-Pakt-Plus beschlossen. Dies soll dazu führen, dass die...
Persistent link: https://www.econbiz.de/10010312912
Persistent link: https://www.econbiz.de/10010312928