Working Papers: Recent submissions
Now showing items 178-180 of 334
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The EU’s Emissions Trading Scheme: A Proto-Type Global System?
(2008)The European Union's Emission Trading Scheme (EU ETS) is the world's first multinational cap-and-trade system for greenhouse gases. As an agreement between sovereign nations with diverse historical, institutional, and ... -
Compliance Behavior in the EU-ETS: Cross Border Trading, Banking and Borrowing
(2008)This paper exploits a little used data resource within the central registry of the European Union’s Emissions Trading System (EU ETS) to analyze cross border flows of allowances for compliance purposes during the first ... -
An Empirical Model of Imperfect Dynamic Competition and Application to Hydroelectricity Storage
(2008)The Nordic power market presents a unique opportunity for testing the nature and degree of market power in storage behavior due to preciseness of data on market fundamentals determining hydro resource use. We develop an ...
