Governments in low-income countries are increasingly integrating off-grid electricity provision into national electrification strategies, creating novel, decentralized markets for electricity. This paper studies a highly decentralized product that plays an important role in energy access: pay as...

Heterogeneous interconnections, which link regulated electricity markets to liberalised ones, are becoming increasingly important. Several such interconnections are set to be established in the near future especially between European and North African countries (e.g., Tunisia-Italy,...

This study examines the wine revenues of the Rákóczi family and the exchange rates of wines stored in their cellars destined for foreign markets, based on surviving sources from the period between 1660 and 1709. The Rákóczi family, of Transylvanian princely descent, was among the largest...

The restaurant industry, especially fine dining, is characterized by intense competition and an increasing number of closures. Wine is a profit lever, but the exploitation of sales potential can present a challenge. As consumers encounter more extensive wine lists, they often find themselves...

Increasing competition and reducing market power are core interests of economists, regulators and the public to maximise aggregate social welfare. Low prices are achieved through intense competition in the retail gasoline market. The absence of fierce competition is referred to as market power....

This paper examines the sales distribution and genre composition of the German book market across different retail channels - e-commerce, chain stores, and independent bookstores - over the period 2011-2018. Utilizing a unique dataset comprising weekly sales data of approximately 50,000...

This publication, developed in collaboration with Tameo, analyzes insights from the SSF Swiss Sustainable Investment Market Study 2024 and Swiss-specific data from the Tameo Private Asset Impact Fund Report 2023. Together, they provide a comprehensive view of the Swiss impact investing landscape...

This paper examines the sales distribution and genre composition of the German book market across different retail channels - e-commerce, chain stores, and independent bookstores - over the period 2011-2018. Utilizing a unique dataset comprising weekly sales data of approximately 50,000...

"Exploring Markets" is a paper series discussing niche markets with interesting characteristics. The paper on hand focuses on the market for diamonds. The paper discusses specific characteristics of supply and demand such as the supply chain from mining to retail, the dismantling of the diamond...

In European intraday electricity markets, a systematic zigzag pattern can be observed, characterized by alternating maxima and minima at the shift of hourly products. This price formation contradicts the fundamental understanding, that prices to are a monotonously increasing function of residual...

This study explores the economic cohesion of two German areas, Hamburg and Saxony, in the 18 th century, created through the inflow of Atlantic colonial groceries from the former to the latter. Combining different kinds of sources revealed the following. The trade flow from Hamburg to German...

The global wine trade experienced a decline in volume and value in 2023 due to reduced real incomes, post-pandemic overstocking, and shifting consumer preferences. Non-sparkling red wines were more affected than sparkling wines, white wines and wines in bag-in-box formats, with notable declines...

The report is a useful reference for assessing country situations and trends, which are further explored in brief profiles of the major teak-producing countries in Africa, Asia and Latin America. There is currently no better source of up-to-date information on teak resources and markets. The...

Citizen Knowledge discusses how knowledge, understood in a broad sense, should be dealt with in societies that combine a democratic political system with a capitalist economic system. How do citizens learn about politics? How do new scientific insights make their way into politics? What role can...

Kapitalismus sieht sich seit je her drei moralisch artikulierten Vorwürfen ausgesetzt: Er führe (a) zur Verelendung der Arbeiter, (b) zur Zerstörung der Umwelt und (c) zum Verfall der Sitten. Zieht man empirisch Bilanz, sind nicht alle dieser Vorwürfe berechtigt, ganz im Gegenteil: (a) Im...

Im Rahmen des Forschungsprogramms hat das WIK im Sommer 2023 eine groß angelegte Online-Befragung unter den in Deutschland im FTTB/H-Ausbau engagierten Akteuren durchgeführt. Der Teilnehmerkreis spiegelt den Markt in seiner Vielfalt und Heterogenität wider. Das Segment der Stadtwerke ist in...

In this paper, we explore the impact of recent interest rate increases on the Irish economy and chart out the potential impact using scenarios for the period 2023- 2025. We use the COSMO macroeconometric model of the Irish economy to test the impacts through credit markets and the real economy,...

China has been one of the most important sources of growth in global wine demand this century, accounting for 7% of the world's wine consumption and imports by 2017, or four times its 2005 shares. But China's per capita wine consumption peaked in 2012, has fallen every year since 2017, and in...

Det sena 1900-talet kan kallas för marknadens tid, men hur gick det till och vad fick det för konsekvenser att marknaden fick så central roll i svenskt samhällsliv? Författarna belyser händelseförloppen som påverkade folks vardagsliv från 1970-talet och framåt. De pekar på såväl...

In line with the Tobacco Products Directive (2014/40/EU) and Commission Implementing Decision (EU) 2016/786, the Independent Advisory Panel on characterising flavours in tobacco products (IAP) has been established assisting Member States and the Commission in determining whether or not a tobacco...

The study aimed to understand the current state of play for digital education content across Europe, and to assist the European Commission with identifying possible areas for EU intervention. The scope included Early Childhood Education and Care (ECEC), Primary and Secondary Education, including...