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The volatility of spot prices has been a notable feature of the English and Welsh Electricity Pool since its formation in 1990. This study investigates the possibility that the volatility of spot prices is strongly affected by the functioning of the contract market for electricity. This paper...
Persistent link: https://www.econbiz.de/10009205260
This paper considers modelling the behaviour of prices in the English and Welsh wholesale electricity Pool since the creation of this spot market in 1990. The process turns out to be nonlinear and a logistic smooth transition autoregressive model is fitted and shown to be superior to a linear...
Persistent link: https://www.econbiz.de/10009209938
This article attempts to investigate empirically the strength of intracity football club support and seeks to test the commonly held belief among the sports community that supporters will not switch allegiance between city rivals very readily. To test this phenomenon, data on the attendances of...
Persistent link: https://www.econbiz.de/10010549628