Showing 1 - 10 of 72
We measure consumers' use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys were conducted in 2009 (Canada), 2010 (Australia), 2011 (Austria, France, Germany and the Netherlands), and 2012 (the United States). Our paper finds cross-country differences –...
Persistent link: https://www.econbiz.de/10013370109
of this harmonization on both intra- and extra-EU imports in an original empirical contribution to this literature. We … for adverse effects of regulatory heterogeneity on intra-EU trade in the pre-harmonization period, which questions the … implementation of the Cassis de Dijon principle. Our findings also suggest that the EU's MRL harmonization may have improved access …
Persistent link: https://www.econbiz.de/10012099543
In 2007 the Commission proposed a Directive aimed exclusively at third-country nationals moving to Europe for the purpose of highly qualified employment that would set up a harmonized entry procedure, lay down common residence conditions and facilitate mobility through Europe. The Directive,...
Persistent link: https://www.econbiz.de/10011572679
) approach was used to test the harmonization hypothesis relating the capital account ratio to the profit rate across the … from the fixed-effects means were not significantly different from zero. The harmonization hypothesis was accepted …
Persistent link: https://www.econbiz.de/10010288073
of the organization to better cope with the inter-market uncertainty. However, a downside of centralization is that it …
Persistent link: https://www.econbiz.de/10011993812
The Inflation Reduction Act (IRA), passed under the Biden administration in August 2022, is the biggest US climate bill to date. Its focus on subsidy-driven decarbonization incentives marks a potential turning point in US industrial policy and might prevent its repeal under the upcoming Trump...
Persistent link: https://www.econbiz.de/10015202296
The transition to a cleaner energy mix, essential for achieving net-zero greenhouse gas emissions by 2050, will significantly increase demand for metals critical to renewable energy technologies. Energy Transition Metals (ETMs), including copper, lithium, nickel, cobalt, and rare earth elements,...
Persistent link: https://www.econbiz.de/10015210001
Capacity Remuneration Mechanisms (CRM) can be used in power markets to overtake market failures, reaching security of supply. However, investment in capacity is a dynamic process, that depends on the evolution of prices and costs overtime. In our paper we study the capacity remuneration value...
Persistent link: https://www.econbiz.de/10013353586
We assess the degree of connectedness among 16 metals that are critical for the production of clean energy technologies. These commodities are the constituents of the Energy Transition Metals (ETMs) price index maintained by the International Monetary Fund and comprise base, precious, and minor...
Persistent link: https://www.econbiz.de/10014305713
We assess the sectoral impact of the implementation of a "green" employer of last resort (ELR) program in the US, based on an environmental modification of an extended Kurz's (1985) multiplier framework and data from OECD Input-Output tables. We use these multipliers to estimate the impact of an...
Persistent link: https://www.econbiz.de/10014322577