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The aim of this paper is to extend existing literature on carbon allowance allocation, investigating the impact of uncertainty and ambiguity, due to the lack of future Environmental policy, on the total production in the market. Specifically, we show that an increase in uncertainty has no effect...
Persistent link: https://www.econbiz.de/10010280749
Energy plays a vital role in the development of any economy and given its unequal distribution trade in energy …, energy-related services were mostly supplied by the government. With liberalization and globalization the sector underwent … significant transformation. Many new services developed and large multinationals emerged which increased global trade in energy …
Persistent link: https://www.econbiz.de/10011807637
European policies. Accordingly, the protection of critical infrastructures and in particular, the resilience of the energy …
Persistent link: https://www.econbiz.de/10012419713
Hydrogen is currently enjoying a renewed and widespread momentum in the energy market. In the last years, demand for … promising opportunities not only to fight climate change, but also to redraw geopolitical relations between states. The energy … transition is already taking place, with renewable energies gradually eroding the global energy system based on fossil fuels. A …
Persistent link: https://www.econbiz.de/10012419714
impose targeted measures (e.g., "smart" sanctions) that hurt the antagonist directly, and comprehensive measures (e.g., trade …
Persistent link: https://www.econbiz.de/10014480700
. In this context monitoring and sanctions are important policy tools. In this paper, we analyze the impact of strict … sanctions on job search outcomes for young welfare recipients in Germany. The German benefit system is characterized by harsh … sanctions for this group. Strict sanctions effectively take away the benefits for three months if young welfare recipients do …
Persistent link: https://www.econbiz.de/10012039312
peer-to-peer sanctions more strongly than that of centralized sanctions. This may contribute to explaining the greater …
Persistent link: https://www.econbiz.de/10012058652
Labor market policy tools such as training and sanctions are commonly used to help bring workers back to work. By … outcomes before and after exposure to training and sanctions. We find that training improves cardiovascular and mental health … sanctions cause a short-run deterioration of mental health, possibly due higher stress levels, but this tapers out quickly. …
Persistent link: https://www.econbiz.de/10012660610
benchmark model of sovereign default and direct creditor sanctions by Obstfeld and Rogoff (1996). In their model it is in the …
Persistent link: https://www.econbiz.de/10010278280
While significant attention has been dedicated to sanctions episodes among major economies which usually rely on a … diverse set of trade partners, little is known about the impact of sanctions imposed by senders on economies highly dependent …
Persistent link: https://www.econbiz.de/10015117620